Current:Home > InvestRekubit Exchange:Todd and Julie Chrisley Receive $1 Million Settlement After Suing for Misconduct in Tax Fraud Case -WealthMindset Learning
Rekubit Exchange:Todd and Julie Chrisley Receive $1 Million Settlement After Suing for Misconduct in Tax Fraud Case
Burley Garcia View
Date:2025-04-10 20:07:16
Julie and Todd Chrisley's legal journey continues.
According to a release shared with E! News by a rep for the family,Rekubit Exchange the couple—who are currently serving years-long prison sentences for bank fraud and tax evasion—have received a $1 million settlement from the state of Georgia after suing former special investigator Joshua Waites for misconduct in his handling of their investigation.
"We have been saying for months that the criminal case against the Chrisleys was highly unusual and had real problems," read a statement to E! News from the family's lawyer, Alex Little. "This settlement is an encouraging sign. It's nearly unprecedented for one arm of the government to pay money to defendants when another arm is fighting to keep them in jail."
The Chrisleys filed the lawsuit against Waites, who was the former Director of Special Investigations for the Georgia Department of Revenue, shortly after they were indicted for fraud and tax charges, alleging that Waites committed misconduct in his investigation into the couple.
E! News has reached out to Waites and the Georgia Department of Revenue for comment but has not heard back.
Back in Sept. 2021, Atlanta's Office of the Inspector General (OIG) released a report that found the Georgia Department of Revenue (DOR) misused funds seized in asset forfeiture related to the Chrisleys' case.
The OIG's investigation found photos of Waites posing on the Chrisley's seized furniture, as well as messages boasting about having done so. The report's findings also said that Waites' office filed an improper request with the U.S. Treasury Department to access the reality TV stars' bank accounts.
"By posing on the Chrisley's furniture, Director Waites and other senior DOR leadership undermined DOR's ability to maintain a position of impartiality in the enforcement of state law," read the OIG's report on its findings, adding that the actions "lends credence to Todd Chrisley's complaints that he was unfairly targeted for investigation due to his 'celebrity status.'"
Despite alleged misconduct during the investigation, in June 2022 the Chrisleys were found guilty on 12 counts, including charges of wire fraud, conspiracy to commit bank fraud and conspiracy to defraud the United States. Todd was sentenced to 12 years in prison, while Julie received 7 years—sentences the couple started in Jan. 2023.
In September, it was announced that the Chrisley Knows Best would be released earlier than their original sentences. Todd has his release date moved up to January 22, 2033, two years earlier than his originally scheduled 2035 release, while Julie's release date moved up by a year and three months to October 19, 2028.
"Without a doubt, Todd and Julie are model incarcerated individuals who received exorbitant sentences," Jay Surgent, an attorney for the couple, told Insider at the time. "I believe Todd is down to 10 years and Julie is now at five years."
For the latest breaking news updates, click here to download the E! News AppveryGood! (76)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Mysterious golden egg found 2 miles deep on ocean floor off Alaska — and scientists still don't know what it is
- The African Union is joining the G20, a powerful acknowledgement of a continent of 1 billion people
- The African Union is joining the G20, a powerful acknowledgement of a continent of 1 billion people
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Disgraced Louisiana priest Lawrence Hecker charged with sexual assault of teenage boy in 1975
- Presidents Obama, Clinton and many others congratulate Coco Gauff on her US Open tennis title
- Complex cave rescue looms in Turkey as American Mark Dickey stuck 3,200 feet inside Morca cave
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- G20 leaders pay their respects at a Gandhi memorial on the final day of the summit in India
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- The Rolling Stones set to release first new album of original music in nearly 20 years: New music, new era
- Judge denies Mark Meadows' bid to remove his Georgia election case to federal court
- G20 leaders pay their respects at a Gandhi memorial on the final day of the summit in India
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 'The Fraud' asks questions as it unearths stories that need to be told
- Unpacking Kevin Costner's Surprisingly Messy Divorce From Christine Baumgartner
- Ben Shelton's US Open run shows he is a star on the rise who just might change the game
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Egypt’s annual inflation hits a new record, reaching 39.7% in August
FASHION PHOTOS: Siriano marks 15 years in business with Sia singing and a sparkling ballet fantasy
Prominent activist’s son convicted of storming Capitol and invading Senate floor in Jan. 6 riot
$73.5M beach replenishment project starts in January at Jersey Shore
Gunmen attack vehicles at border crossing into north Mexico, wounding 9, including some Americans
The Rolling Stones set to release first new album of original music in nearly 20 years: New music, new era
Group of 20 countries agree to increase clean energy but reach no deal on phasing out fossil fuels