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Forgive the most obvious pun in content writing history, but…

… it turns out that Todd Chrisley does NOT actually know best.

Or, perhaps the reality star does know best, if the subject at hand is how to try and avoid paying one’s taxes.

Photo via Getty

This perfect segue is relevant because the veteran USA Network and his wife, Julie, have been indicted by a federal grand jury for tax evasion, as well as other financial crimes, according to local news station WSBTV.

The indictment includes a dozen charges.

Among the most serious? Wire fraud, conspiracy to commit bank fraud and conspiracy to defraud the United States.

In a statement obtained by People Magazine on Tuesday, Todd’s lawyer, Bruce H. Morris and Stephen Friedberg, said the following:

“The allegations contained in the indictment are based on complete falsehoods. The Chrisleys are innocent of all charges.”

Todd Chrisley and His Wife
(Getty)

The embattled couple rose to fame as the patriarch and matriarch of Chrisley Knows Best, a reality show that basically just chronicles their lives — and the lives of their three kids — as very rich residents of Atlanta and then Nashville.

It has run for seven seasons and recently debuted a spinoff called "Growing Up Chrisley," starring a pair of these Chrisley children.

According to Radar Online, however, executives have chosen not to sign Todd and Julie to new contracts, effectively canceling their long-running series.

This website source claims producers have “decided to distance themselves as much as possible” from Todd and Juli,e as well as their children Savannah, Chase and Grayson.

For the record, though, USA has not yet issued a statement to confirm this move.

Todd Chrisley Pic
(Getty)

In an Instagram post Monday, a day before the 12 charges were filed, Todd insisted that he and his wife had done nothing wrong.

He wrote a lengthy message that started as follows:

“I’ve never talked about this publicly before, but there’s been a cloud hanging over Julie and me and our entire family for the past seven years. It all started back in 2012, when we discovered that a trusted employee of ours had been stealing from us big time."

While Chrisley said that he wouldn’t “go into details,” he alleged that the case “involved all kinds of really bad stuff like creating phony documents, forging our signatures, and threatening other employees with violence if they said anything.”

And he continued:

We even discovered that he illegally bugged our home.

Needless to say, we fired the guy and took him to court — and that’s when the real trouble started.

To get revenge, he took a bunch of his phony documents to the U.S. Attorney’s office and told them we had committed all kinds of financial crimes, like tax evasion and bank fraud.

That got their attention all right, but once we had a chance to explain who he was and what he’d done to us, they realized it was all a bunch of nonsense and they sent him on his way.

After delving into a few other details about how this indictment came to be, Todd concluded:

"We know we’ve done nothing wrong…

"I’m telling you all this now because we have nothing to hide and have done nothing to be ashamed of. Not only do we know we’ve done nothing wrong, but we’ve got a ton of hard evidence and a bunch of corroborating witnesses that proves it."

Shortly after Todd released this statement, daughter Savannah Chrisley left a supportive comment.

“Thank you for being YOU! You have and always will be the glue that holds us all together. God has a much bigger plan for all of us and this is just part of it,” she wrote.

Todd Chrisley on USA
(USA)

We can’t say for sure whether or not Chrisley is guilty.

But he’s just the latest wealthy reality star to get in trouble with the law over major financial issues.

Both Abby Lee Miller of Dance Moms and Teresa Giudice of The Real Housewives of New Jersey spent time in jail for their roles in illegal monetary schemes.