“Real Housewives” Couple Joe and Teresa Giudice Plead Guilty to Fraud Charges
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Too bad they don’t allow Bravo cameras behind the walls of federal prison! The Real Housewives of New Jersey’s Teresa Giudice and “Juicy” Joe Giudice have pled guilty to numerous fraud charges, changing their tune in the federal case first leveled against them last year.
In 2013, the Giudices were accused of exaggerating income while applying for loans before their smash reality show debuted in 2009. Prosecutors filed a 39 count indictment, claiming the couple subsequently hid their fortunes in a bankruptcy case the following year. Additionally, the two were also charged with submitting fraudulent mortgage and loan applications and submitting fake tax returns and W-2 forms.
The Giudices originally denied any wrongdoing and entered not guilty pleas. They’ve since reached a plea deal with the government.
The prospect of decades in The Big House has that effect on people.
Joe and Teresa appeared in federal court in Newark, New Jersey Tuesday morning, where each reportedly pled guilty to several counts, including bankruptcy fraud, conspiracy to commit wire fraud, mail fraud, and failure to pay taxes.
In a statement read by her lawyer, Teresa said she takes full responsibility for her “mistakes” and is “heartbroken” over the effect her actions have had on the coupe’s four young daughters.
The next step is sentencing. Both Joe and Teresa are facing some serious jail time: Joe Giudice faces a potential sentence of anywhere from 37 to 46 months behind bars, while Teresa Giudice could be in the slammer between 21 and 27 months.