'Real Housewives of N.J.' stars Teresa and Giuseppe Giudice indicted on fraud charges

Teresa and Joe aren't smiling now.

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Teresa and Joe aren't smiling now.

29

July

The Real Housewives of New Jersey star Teresa Giudice and her husband Giuseppe could be getting canceled by the justice system after a grand jury indicted them for lying to bankruptcy courts and mortgage lenders. There are so many charges, they face up to $1 million in fines adn 30 years in prison.

The Towaco, N.J., pair face 39 counts of claiming income they didn't have when applying for loans and mortgages and hid income and assets while filing for bankruptcy, the Asbury Park Press reports. They are being charges with conspiracy to commit mail and wire fraud, bank fraud and making false statements on bank forms. The indictment also accuses Giuseppe of not filing tax returns from 2004 to 2008, when he allegedly made almost $1, million.

"The indictment returned today alleges the Guidices lied to the bankruptcy court, to the IRS and to a number of banks," U.S. Attorney Paul Fishman said in a statement Monday. "Everyone has an obligation to tell the truth when dealing with the courts, paying their taxes and applying for loans or mortgages. That’s reality."

The Bravo show that made them infamous factors into all this, because they had allegedly hidden the income from the network from the second season of Real Housewives. That's leading to charges of bankruptcy fraud, making false oaths and declarations and a bunch of other juicy stuff that would make for a great season.

 



[Last modified: Monday, July 29, 2013 3:32pm]

    

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