The Chrisleys will need to give up $9M mansions to pay restitutions

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The Chrisleys will need to give up $9M mansions to pay restitutions

When it rains, it pours for the Chrisley household.

Perhaps Todd and Julie, stars of “Chrisley Knows Best,” don’t actually know best — and things are about to get even worse for the duo just when they thought they had hit rock bottom.

After they were sentenced to a combined 19 years in prison on bank fraud and tax evasion charges, in addition to submitting false documents to banks, it appears they are going to have to give up their two glam homes as well.

Judge Eleanor Ross of the US District Court in Atlanta ordered the reality stars to pay $17.2 million in restitution in relation to their $36 million fraud scheme. And sources tell The Post they’ll likely have to give up their two Nashville, Tennessee, mansions worth roughly $9 million in order to fulfill their obligation.

“They’re going to have to give up a lot of things, including their homes, sadly. They won’t be able to afford it,” the insider said. “But their main concern now is their children, especially their youngest boy.”

Todd and Julie Chrisley will have to give up their tony Nashville mansions worth a combined $9 million to pay millions in restitution.
Todd and Julie Chrisley will have to give up their tony Nashville mansions worth a combined $9 million to pay millions in restitution.
Getty Images; Sotheby’s; SilverPointe

The news of the couple’s sentencing comes days after their youngest son, 16-year-old Grayson Chrisely, was hospitalized for a crash on the Tennessee interstate. (Todd and Julie also share son Chase, 26, and daughter Savannah, 25.)  

Savannah recently revealed she has custody of brother Grayson and niece Chloe after her parents were sentenced to prison.

Todd and Julie Chrisley purchased this six-bedroom, 10-bathroom home back in 2019 for $3,37 million.
Todd and Julie Chrisley purchased this six-bedroom, 10-bathroom home back in 2019 for $3,37 million. This is their second Tennessee home.
Zeitlin Sotheby’s International Realty
The formal dining room.
The formal dining room.
Zeitlin Sotheby’s International Realty
The chef's kitchen.
The chef’s kitchen.
Zeitlin Sotheby’s International Realty
The breakfast area leads into a den.
The breakfast area leads into a den.
Zeitlin Sotheby’s International Realty
The laundry room.
The laundry room.
Zeitlin Sotheby’s International Realty
The pool and spa.
The pool and spa.
Zeitlin Sotheby’s International Realty

In 2016, when the couple first moved to the Music City, they purchased a Belle Meade four-bedroom home for $1.6 million. That property, which spans more than 5,200 square feet, is worth an estimated $2.88 million today, according to Zillow.

Three years later, they purchased a second and bigger home in the Brentwood neighborhood for $3.37 million. Now worth an estimated $5.97 million, the Chrisleys attempted to flip this six-bedroom, nine-bathroom home only two months after the purchase.

The 13,200-plus-square-foot home has since glided on an off the market with an average price tag of $4.7 million. But without any offers, they took the home off the market in May 2020.

Todd, 54, was sentenced to 12 years behind bars and 16 months of probation. Julie, 49, received a lighter sentence of seven years in prison and 16 months of probation.

This is the first Nashville house the Chrisleys purchased back in 2016 for $1.6 million.
This is the first Nashville house the Chrisleys purchased back in 2016 for $1.6 million.
SilverPointe Properties
The foyer leads to the spiral staircase.
The foyer leads to the spiral staircase.
SilverPointe Properties
The formal dining room.
The formal dining room.
SilverPointe Properties
The formal living room with a woodburning fireplace.
The formal living room with a woodburning fireplace.
SilverPointe Properties
The kitchen.
The kitchen.
SilverPointe Properties
The primary bathroom.
The primary bathroom.
SilverPointe Properties

Amid their fraud charges, prosecutors also accused Julie of submitting a false credit report and fake bank statements when trying to rent a house in California — adding that the couple then refused to pay rent a few months after they started using the home.

“Over the course of a decade, the defendants defrauded banks out of tens of millions of dollars while evading payment of their federal income taxes,” US Attorney Ryan K. Buchanan said in a statement. “Their lengthy sentences reflect the magnitude of their criminal scheme and should serve as a warning to others tempted to exploit our nation’s community banking system for unlawful personal gain.”

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