By Sandra Rose  | 

Frazer Harrison/Getty Images

Todd and Julie Chrisley may soon call a federal penitentiary home after they were both found guilty of income tax evasion.

An Atlanta federal jury convicted the Chrisleys on bank fraud and tax evasion charges on Tuesday.

Prosecutors asked U.S. District Judge Eleanor L. Ross to detain the Chrisleys "immediately," after the verdict was read in open court. But Ross declined and released the couple on bond. She said, "They are not a flight risk, nor do they pose a danger."

Federal prosecutors say Todd, 53, and Julie, 49, conspired for years to defraud banks and hide millions from the IRS, according to June 7 documents obtained by HollywoodLife.

The verdict follows a 3-week trial. Deliberations began on Friday. Todd and Julie Chrisley maintained they did nothing wrong.

Todd's former business partner and lover, Mark Braddock, testified last month that he and Todd had an intimate relationship for about a year in the early 2000s. He said the relationship ended and they remained brotherly friends until 2012 when Todd terminated his employment and threatened to call police.

Braddock immediately went to the feds and revealed Todd's criminal activity in exchange for immunity from prosecution.

The Chrisleys are best known for their reality TV series Chrisley Knows Best, which premiered in March of 2014. The series was recently renewed.