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'RHONJ' Guilty Teresa Giudice Bankrupt After Nancy Grace Fraud Arrest Trial Comments? [UPDATE]

Not surprisingly, things keep getting worse for Teresa Giudice, of Real Housewives of New Jersey fame. It appears that the reality star is bankrupt following her arrest for fraud charges and guilty plea at the subsequent trial. These latest rumors come after Nancy Grace predicted a guilty verdict on her own cable show.

RHONJ mainstay Kim Granatell recently spoke with OK! Magazine, where she didn't shy away from commenting on Teresa's financial situation:

"I hear [Teresa and Joe Giudice] have been begging people for money. Desperate people do desperate things."

This report certainly seems in line with other reports we've seen about Teresa's money woes. One source who spoke with Radar Online claims that Teresa and Joe are majorly desperate for cash:

"Teresa has hardly any income coming in because of her guilty plea in the federal fraud and conspiracy case. If it weren't for the money she's made from Real Housewives of New Jersey, she would be in serious financial trouble right now. Her book sales have been very low, and Teresa hasn't been offered any gigs for paid promotional appearances either. It's a foregone conclusion, Teresa absolutely will have to sell her beloved New Jersey mansion. She's terrified she could end up homeless."

That's not Teresa's only worry either. After all, she is being hounded by attack dog Nancy Grace. From the beginning, Nancy predicted that Teresa would be found guilty one way or another, telling her cable audience:

"I think [Teresa and Joe] were in it together and you know what? You can get away with shoplifting, maybe stealing a car but don't mess with the feds when it comes to money. Never mess with the tax man. Never mess with the feds alright? They have no mercy. I predict they're going down. Much as Martha Stewart was used I think they will be used as an example to other people."

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