Teresa Giudice & Joe Giudice Facing More Than 50 Years In Prison For Tax Evasion and Major Bank Fraud!

Teresa Giudice & Joe Giudice Facing More Than 50 Years In Prison For Tax Evasion and Major Bank Fraud!

Teresa Giudice and Joe Giudice of Real Housewives of New Jersey fame are facing some extreme charges. The couple has been legally smacked with a long list of charges, including major bank fraud and tax evasion, and is now facing upwards of fifty (or more) years in the slammer. Paul Fishman, U.S. Attorney General, recently announced the 39-count indictment, which details the extent of their fraudulent ways between the years of 2001 and 2008.

Yikes, we knew these people were a bit shady at times, but this sounds extremely serious! According to TMZ, one of the first to break the story, “the Giudices conspired to illegally obtain mortgages and other loans from multiple banks by intentionally overestimating their incomes in order to get more money. 

“The Giudices also allegedly withheld vital information about their net worth from a U.S. bankruptcy trustee after filing for Chapter 7 in 2009 — including Teresa’s true income from the reality show. As for tax evasion, Joe is accused of failing to file income tax returns for the years 2004-2008, during which he allegedly earned $1 million.”

Basically, it sounds like Teresa and Joe committed every possible type of fraud imaginable. Most celebrities seem to be able to wiggle their ways out of legal troubles — with their money and influence — but it seems as if this couple is in for a trying time, as these charges and allegations are quite serious.

What do you think about this situation? Things just got REAL for this housewife.

Image credit to Fameflynet

8 responses to “Teresa Giudice & Joe Giudice Facing More Than 50 Years In Prison For Tax Evasion and Major Bank Fraud!”

  1. It sucks to be them!

  2. HollywoodHiccups says:

    Wonder how she is going to explain this one away??

  3. […] don’t think anyone was too shocked when Teresa and her husband, Joe Giudice were handed a 39-count indictment yesterday, not because we saw it coming, but because they both have proven in front of rolling cameras to […]

  4. […] even begin to believe that Teresa didn’t know what was going on with their finances. Her signature was on all of the fraudulent documentation and she supposedly even filed a fake W-2 to help secure a […]

  5. […] Giudice seems to be in denial about her future as both and her husband, Joe Giudice, face up to fifty years of jail time. According to the NY Daily News. “Teresa thinks people are coming after her because she is […]

  6. […] Giudice is facing up to fifty years for the federal fraud charges, but is there a chance that she might actually get off […]

  7. […] Giudice family and so Teresa Giudice will be the one to try and carry on, business as usual while facing that nifty 39-count indictment. On August 14th Teresa and her shady husband, Joe Giudice are expected to plead not guilty at their […]

  8. […] have to remember Teresa is accused of forging W-2′s and her signature is on various fraudulent documents as well as Joe’s so while it’s great that she’s finally ready to cut ties with […]