Update 10:07 AM: Todd and Julie Chrisley have turned themselves in to authorities and will be before a judge later today.
“Chrisley Knows Best” stars Todd and Julie Chrisley are set to be arrested by the United States Marshals Service as warrants for their arrest have been issued.
According to court documents obtained by The Blast, a federal court official has issued two warrants for their arrest. The warrants were issued and delivered to the U.S. Marshal, who have been ordered to take the reality stars into custody immediately.
The warrants were issued as part of Todd and Julie’s new criminal case accusing them of bank fraud.
According to the indictment filed in the Northern District of Georgia and obtained by The Blast, both Todd and Julie Chrisley have been charged with 11 counts related to bank fraud and tax evasion.
According to the federal sentencing guidelines, the reality stars are facing up to 30 years in prison if convicted.
Officials claim Todd and Julie set up a production company, called 7C's Productions, which served as a loan-out company for all the money earned through their popular reality show, "Chrisley Knows Best," which airs on the USA Network.
The documents claim millions of dollars were deposited into the production company account over the years, but the reality stars did not file tax returns in time for 2014, 2015 or 2016.
When the taxes were paid, officials claim the numbers were bogus and that actual amounts were falsified as to mask how much money was actually owed.
Officials claim that "throughout the conspiracy," Todd and Julie knowingly went on lavish spending sprees, dropping thousands of dollars at electronic stores, luxury retail stores and other purchases ... but claimed they did not have enough cash to pay off their outstanding tax debt.
They also allege Julie falsified financial documents by physically cutting and gluing figures from different documents.
Todd denies all the allegations and is adamant the evidence submitted to the feds has been fabricated.
They are both facing 30 years in prison on the charges.
Todd’s estranged son, Kyle Chrisley, has already thrown shade at his estranged father’s by reposting a quote on social media.
The quote stated, “Never question who God removed from your life. He heard the conversations when you weren’t around.”
Kyle and Todd have a very strained relationship and have not spoken to each other in years.
Earlier this year, Kyle was arrested on charges relating to alleged meth possession. He has had other legal issues throughout the years, and Todd has been vocal about spending a fortune on his sons' multiple attempts at rehab.
Todd even currently has custody of Kyle's daughter, Chloe, after Kyle lost custody of the 6-year-old child.
Todd's youngest son, Chase Chrisley, is also accused of owing $16,000 in back taxes.