Kyle Chrisley, whose reality TV star parents Todd and Julie Chrisley are currently in prison for fraud, was just arrested himself in Tennessee for aggravated assault.
The Smyrna Police Department posted details of the arrest which happened on Monday but provided no additional specifics. In a press release obtained by People Magazine, however, the police department said Kyle, 32, was involved in a physical altercation with a supervisor where he works at Penske Truck Rental.
During the incident, Kyle allegedly pulled out a “fixed blade,” the press release said. The day after the alleged attack, Kyle “voluntarily appeared … for booking procedures related to the active criminal warrant,” police said in the press release. Kyle was taken to Rutherford County Adult Detention Center but was released on a $3,000 bond. The public citation says his next court appearance is scheduled for March 28.
Kyle is the son of Todd and Julie Chrisley, who were convicted last June of conspiracy to commit bank fraud, bank fraud, tax fraud, and conspiracy to defraud the United States. In addition, Julie was also convicted on a charge of wire fraud and obstruction of justice. In November, the two stars of “Chrisley Knows Best” were sentenced to federal prison.
Judge Eleanor L. Ross of the U.S. District Court in Atlanta sentenced Todd to 12 years in prison followed by three years of probation, CNN reported. Ross sentenced Julie to seven years in prison followed by three years of probation. In addition, the couple had to pay restitution for their crimes, though the exact amount is unknown at this time, The New York Times reported.
Peter Tarantino, who worked as the couple’s accountant and was convicted of filing false corporate tax returns for the Chrisleys’ company, was sentenced to three years in prison followed by three years of probation.
Attorneys for the Chrisleys had argued for a reduced sentence, saying the couple has fully accounted for all their income and that many people – including Todd’s mother and the crew who worked on their reality television show – would be negatively impacted by their incarceration. The defense requested Todd receive a combined sentence of limited imprisonment and supervised release in addition to paying restitution. The defense also argued for a new trial, claiming an IRS officer falsely testified and that the prosecution put her up to it.
Todd Chrisley made a fortune through Chrisley Asset Management, a real estate company he founded in Georgia, The Daily Wire previously reported. The success of the business, combined with Todd’s personality and large family, made him a perfect candidate for reality TV, which led to “Chrisley Knows Best.”
Even before the Chrisleys began their reality show in 2014, they had financial problems. In 2012, Todd filed for bankruptcy protection. Explaining the filing, his lawyer told People, “He guaranteed a real estate development loan and it failed. He was on the hook for $30 million. If he hadn’t had that happen, he would have been fine, financially.”
The Department of Justice (DOJ), however, explained that the Chrisleys — prior to their reality show — “conspired to defraud community banks in the Atlanta area to obtain more than $30 million in personal loans.”
With the help of a business partner, Mark Braddock, the Chrisleys “submitted false bank statements, audit reports, and personal financial statements to banks to obtain the millions of dollars in fraudulent loans,” the DOJ wrote.
In 2017, the couple’s problems expanded. WSB-TV reported at the time that the Chrisleys owed nearly $800,000 in taxes to the state of Georgia and had declared their residency on numerous public records before moving to Nashville, Tennessee, in 2016.
In 2018, Todd sued Homebanc Mortgage Corporation, Radar Online reported, alleging a “former business partner” forged Todd’s name on the mortgage and made some payments on his behalf. Todd also claimed that the same business partner was the reason he had to file for bankruptcy protection in 2012.
In 2019, the Chrisleys were indicted. After a three-week trial in 2022, the couple was convicted.