Chrisley Knows Best when it comes to being cancelled!
After Todd and Julie Chrisley were indicted by a federal grand jury on Tuesday, August 13 for tax evasion and other financial crimes, RadarOnline.com has exclusively learned that USA Network has decided to sever ties with the famous family and will “not be renewing their contracts for season eight!”
According to a source, network execs have “decided to distance themselves as much as possible” from Todd, 50, and Julie, 46, as well as their children Savannah, Chase and Grayson.
In addition to Chrisley Knows Best — which aired the season 7 finale on July 30 — on the chopping black, the show’s spinoff, Growing Up Chrisley, which stars Savannah, 22, and Chase, 23, is also getting cut!
Todd & Julie Chrisley Attempt To Sell Tennessee Mansion For $4.9M Amid Tax Evasion Scandal
“At this point, it is just a liability to film with them and, to be honest, Todd and Julie can’t film anything if they will be in prison,” the insider added.
As Radar previously reported, Todd revealed in an Instagram post on Monday, August 12 that he and Julie were “being named in a federal indictment for tax evasion and other financial crimes.” In the post, he blamed a “disgruntled former employee” for the potential financial crimes.
In court papers obtained from the U.S. Attorney’s Office in Georgia’s Northern District just one day after Todd’s post, the reality star couple and their accountant Peter Tarantino were charged with conspiracy to commit bank fraud, wire fraud conspiracy, wire fraud, conspiracy to defraud the United States and tax evasion.
Beginning in 2014, Todd and Julie used 7C’s Productions as a “loan-out company” for actors and entertainers to be paid. Since then, various entertainment and production companies paid millions to the couple with the majority being deposited into 7C’s Productions bank accounts, the court papers claim.
Todd Chrisley Blamed Business Partner For Mortgage Forgery Before Indictment Scandal
For the first count of conspiracy to commit bank fraud from 2007 to 2012, Todd and Julie allegedly “did knowingly and willfully combine, conspire, confederate, agree and have a tacit understanding with each other and Co-conspirator A, to execute a scheme and artifice to defraud multiple financial institutions… and to obtain money, funds, and credits owned by and under the custody and control of …
Source:: Radar OnlineRadar Online