In the midst of their $36 million fraud case, Todd and Julie Chrisley are facing the possibility of losing their Tennessee home.
According to the New York Postthe Chrisley knows best A couple will have to release their two properties in Nashville, which are worth a combined $9 million, to pay the $17.2 million in restitution ordered by Judge Eleanor Ross of the US District Court in Atlanta.
“They will have to give up a lot of things, including their homes, unfortunately. They won’t be able to afford it,” a source told the outlet. “But their main concern now is their children, especially the youngest boy.”
Todd and Julie share three children together – Chase, 26, Savannah, 25, and Grayson, 16. They are also the primary carers of their 10-year-old granddaughter Chloe, daughter of Todd’s estranged son Kyle, 31 . previously married.
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Kevin Mazur/ACMA2017/Getty Todd and Julie Chrisley
On Monday, a federal judge sentenced Todd, 54, to 12 years in prison for bank fraud and tax evasion, while Julie, 49, was sentenced to seven years for her involvement in the crimes.
PEOPLE spoke with former federal prosecutor and president of West Coast Trial Lawyers Neama Rahmani — who is unrelated to Chrisley’s case — to confirm that the couple is expected to serve “85 percent of their sentence” under federal law.
Danielle Del Valle/Getty for E3 Chophouse Nashville
“And that’s the minimum they have to serve if they’re model prisoners,” Rahmani explained. “Unlike states where inmates can sometimes serve less than even half of their sentences, under federal statutes, you only get a small reduction for good behavior.”
Rahmani added that the couple, who will begin their prison time at the beginning of the New Year, most likely received “high sentences” because “they did not accept any responsibility, even after being convicted.”
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According to Inside, Julie was emotional during the trial as she recalled a conversation with her granddaughter Chloe. “To hear your 10-year-old child say that she doesn’t want to live if her mom goes away, no child should feel that way,” she shared.
Before her parents were sentenced, Savannah opened up about the possibility of getting custody of Chloe and her brother Grayson on Monday’s episode of her podcast. Unlocked by Savannah Chrisley.
“It’s very difficult to sit here, four days before I sit in the courtroom,” she said on the show. “I don’t know what my fate is, what my family’s fate is. I know that the short term is going to be very difficult and I might come home without both of my parents. And that’s my new normal.”
Starting to get emotional, she continued, “I come home on Tuesday, and I have custody of a 16-year-old, I have a 10-year-old, and we’re going to spend our first Thanksgiving not as a family.”