In their $36 million fraud case, Todd and Julie Chrisley are also facing the likelihood of losing their Tennessee homes.
According to New York Postthe Chrisley knows best the couple will have to let go of their two Nashville properties, worth a combined $9 million, to pay the $17.2 million restitution ordered by Judge Eleanor Ross of the United States District Court in Atlanta.
“They will have to give up a lot of things, including their homes, sadly. They won’t be able to afford that,” a source told the outlet. “But their main concern now is their children, especially their youngest boy.”
Todd and Julie share three children: Chase, 26, Savannah, 25, and Grayson, 16. They are also primary caretakers to their 10-year-old niece Chloe, who is the daughter of Todd’s estranged son Kyle, 31, from his previous marriage .
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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 to former federal prosecutor and chairman of West Coast trial attorneys Neama Rahmani — who has no ties to the Chrisley case — to confirm the couple should serve “85 percent of their sentences” under federal law .
Danielle Del Valle/Getty for E3 Chophouse Nashville
“And that is the minimum they will have to serve if they are model prisoners,” Rahmani explained. “Unlike states where inmates can sometimes serve even less than half their sentences, you get only a slight reduction for good behavior under federal statutes.”
Rahmani added that the couple, who will begin their term of custody early in the new year, most likely received “high sentences” because they “did not accept any responsibility, even after being sentenced.”
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According to Insiders, Julie was emotional during the process as she recalled a conversation with her granddaughter Chloe. “Hearing your 10-year-old say she doesn’t want to live if mom leaves, no kid should feel like that,” she shared.
Before her parents’ sentencing, Savannah opened up about the possibility of receiving custody of Chloe and her brother Grayson on Monday’s episode of her podcast Unlocked with Savannah Chrisley.
“It’s really hard to sit here, four days before I’m going to sit in the courtroom,” she said on the show. “I don’t know what my fate is, what the fate of my family is. I know that in the short term it will be really difficult and I could go home without both of my parents. Here are the possibilities, this is the probability, and this is my new normal”.
Starting to get emotional, she continued, “I get home on Tuesday and I have custody of a 16-year-old, I have custody of a 10-year-old, and we spend our first Thanksgiving not as a family.”