LOS ANGELES (LALATE EXCLUSIVE) – What does Todd Chrisley do for a living, how did Todd Chrisley get rich, what happened to his money prior to bankruptcy, and where is the Chrisley and Company Department Store? LALATE can exclusively report that yesterday a court ruled that Todd Chrisley’s email accounts will be examined by his bankruptcy trustee to determine the money path leading up to the bankruptcy. Todd Chrisley’s email accounts used during production on Chrisley Knows Best have been ordered to be turned over from two major internet companies, LALATE can exclusively report.
Fans have been wondering how did Todd Chrisley make his money, what does Todd Chrisley do for a living, and why did he land into bankruptcy? In recent weeks, LALATE in a series of exclusives has detailed the two troubles that have struck the parents on Chrisley Knows Best since 2013. First, Todd Chrisley and Julie Chrisley, according to Julie’s own public documents, started in 2005 Chrisley Asset Management. The Georgia based company, according to Julie, would take Fannie Mae properties and make a commission on their refurbishing. Todd’s company would “upgrade and repair the [Fannie Mae] properties”, then “sell them”, and then Chrisley Asset Management “would be paid a commission” [by Fannie Mae].”
Julie explains that Chrisley Asset Management initially was owned by Todd solely, but then held the majority stake was held by Julie, with Todd and another person as a minority partners. By 2011, the company had been flourishing.
LALATE also uncovered that, starting in 2010, Todd Chrisley kept on positing online, in a series of Chrisley owed websites, announcements about the opening of a Chrisley and Company Department Store that year. In July 2010, Todd told news that he store would open in Beverly Hills. But on Todd’s other website, he wrote “In 2010, Chrisley & Company will debut the Chrisley Department Store in Atlanta, followed by locations in Nashville and Dallas”.
But on the TV show, Todd tells viewers that now, in 2013, he starting to launch Chrisley and Company Department Store. After four years of news statements, and four different cities mentioned, is there a Chrisley and Company Department Store?
However, life changed for Chrisley Asset Management starting in 2011, according to Julie. She claims that the other one partner was diverting business away from the company. She and the company sued the former partner. By 2013, the case was thrown out of court.
Yesterday, back in Todd Chrisley’s bankruptcy dispute, which he filed in Florida only to have it moved back to Georgia, the court ruled that Todd’s two email accounts from 2006 to the present can be examined by the bankruptcy trustee and Todd’s email carrier must turn over requested emails. For more about Chrisley, click HERE.
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