Teresa Giudice, star of Real Housewives of New Jersey, was arrested and appeared in court alongside her husband Giuseppe "Joe" Giudice. The two are facing tax, wire and bank fraud charges. We’ve got the latest update on the court’s findings.
Teresa and Joe are being charged in a 39-count indictment. The charges consist of conspiracy to commit mail and wire fraud, bank fraud, falsifying loan applications and bankruptcy fraud.
Yikes. Those are pretty hefty allegations for the reality stars to face. The judge didn’t take it lightly, either.
The couple have had to turn in their passports, as they were viewed as a flight risk. In fact, the pair aren’t even allowed to leave New Jersey and New York.
These allegations pose a serious risk to Teresa’s husband as he faces deportation if guilty. Joe is a citizen of Italy.
The most severe charges the pair face is loan application fraud and bank fraud. The maximum penalties for these crimes is 30 years in prison and up to a one million dollar fine.
The charges stem from a series of applications the couple filed from 2001 to 2008. In addition to creating fake W-2s and tax returns, they also submitted fraudulent loan and mortgage applications.
Paul Fishman, the US Attorney who is prosecuting the Giudices, chastised the couple and took a jab at their careers:
"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."
Teresa showed no shame in her occupation, telling press that:
"I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career.”
© 2025 Classicalite All rights reserved. Do not reproduce without permission.
