Real Housewives Star Teresa Giudice facing 50 Years in Prison for Money Fraud

Sometimes it’s not good to be a reality star.  At least it’s not good to be Teresa Giudice and husband Joe.   The Real Housewives star and husband are facing up to 50 years in prison for an array of criminal money charges ranging from tax evasion to bank fraud.  They are being indicted on 39 counts of fraud.   That’s probably 38 more than the usual person gets.   According to documents these two massively defrauded the IRS and other agencies from the years 2001-2008.

According to the U.S. Attorney, the Giudices conspired to illegally obtain mortgages and other loans from multiple banks by intentionally overestimating their incomes in order to get more money.  In addition the two may have lied about their net worth back in 2009 which include’s wife Teresa’s income from the reality show.

Hubby Joe is accused of evading over $1MM in taxable income from 2004-2008.   As stated they were hit with 39 charges in total.  Other charges included mail fraud, wire fraud, and bank fraud.   Some counts carry up to 20 years and some up to 30 if convicted.

Clearly we don’t think the couple is going to be away for 50 years but this is a pretty alarming indictment for them.  We’ll keep you posted.

Add Comment

Basketball Wives Big Brother Dancing With the Stars Keeping Up with the Kardashians Love and Hip Hop Hollywood Married to Medicine Million Dollar Listing Mob Wives Real Housewives Shahs of Sunset The Voice Top Chef Vanderpump Rules WAGS
Making the Most of “Love Island” while it Lasts
Getting to Know the Cast of Going off the Menu
Getting to Know the Cast of Don’t Be Tardy
Celebrity Gossip Entertainment
10 Best Gifts Celebrities Have Ever Gotten from Fans
Drugstore Dupes for Skincare Products Celebs Swear By
20 Child Actors Who Have Spoken Out on Abuse
Charles Barkley Net Worth
Don King Net Worth
Five Under the Radar Celebrities With Huge Net Worths
Brad Pitt Net Worth
Daisy Ridley Confirms Talks about Starring in Lara Croft Reboot
No Preview
10 Great Actors Who Appeared in Cheesy 80s Comedies
No Preview
10 Actors Who Cry All The Time In Movies
No Preview
Whatever Happened to All the Actors from the Movie Parenthood?
How Much are TV Stars Actually Paid?
No Preview
The 10 Best Jon Stewart Daily Show Moments of All-Time
No Preview
Whatever Happened to The Cast of Beverly Hills 90210?
No Preview
Where Are They Now? The Cast of One Tree Hill