Real Housewife Faces 50 Years in Prison
Teresa and Joe Giudice indicted on tax, fraud charges
By Evann Gastaldo, Newser Staff
Posted Jul 30, 2013 9:02 AM CDT
Updated Jul 30, 2013 10:55 AM CDT
This Sept. 13, 2009 file photo originally released by Oral-B Pulsonic shows "Real Housewives of New Jersey" stars Teresa Giudice and her husband Joe Giudice in New York.   (AP Photo/Oral-B Pulsonic, Gary He)

(Newser) – From reality TV table-flipper to the slammer? Teresa Giudice, one of the Real Housewives of New Jersey, was indicted along with husband Joe on tax evasion and fraud charges yesterday. The 39-count indictment included charges of conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications, and bankruptcy fraud. Basically, the Giudices are accused of lying on loan and mortgage applications (to inflate their financial situation) and then lying to the bankruptcy court (to deflate their financial situation) years later, the New York Daily News explains. Oh, and also of not paying taxes for years.

Between conspiracy to commit mail and wire fraud (maximum prison sentence: 20 years), bank fraud (maximum prison sentence: 30 years), and the other charges, the Giudices are facing more than 50 years in jail and quite a few fines, Us reports. Teresa's attorney says she plans to plead not guilty. "Today is a most difficult day for our family," Teresa said in a statement, but added that she's not going anywhere: "I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career." The couple was in court to set bail this morning, and both are now free on $500,000 bonds, Radar reports. They aren't allowed to leave the New Jersey/New York area, and they'll be arraigned August 14.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
Real Housewife Faces 50 Years in Prison is...
Show results without voting
You Might Like
Showing 3 of 19 comments
May 11, 2014 12:41 PM CDT The official founder was R.M. Muhammad Subuh Sumohadiwidjujo (1901-1987), known after the World War II. as Pak Subuh from Indonesia. At the beginning the sect existed only in Java, but in the 50’s – 60’s it extended word wide, taking out influential people to be their supporter directly or by implication. However the real intellectual leading and ideology bases came from a totally different direction. Doctrines, worded by the well- known Russian dancer Gurdjieff, has been translated to the sect in the 40’s – 50’s by John G. Bennett, who was the disciple of Gurdjieff with a very interesting intelligence past and can be correlate with more organizations. Since the tsarist period ends Gurdjieff itself has been getting in a vague touch with Russians. Subud established a consistent network of enterprises around the word and in that countries, which are important for them. That includes foundations, banks, huge agricultural territories, mines, powerhouses and a wide range of processing trades. The one of the oldest organization has been built in Borneo, Indonesia, influencing the whole local region financial life. Subud could create an empire, consist of free labor forces and industries network, by a microcredit system for the pour and backward Dajak folk lived in the island. Dajak families meant a cheap and governable labor, because their children can work with them in the Subud’s mines and plantation. One plantation of oil palm tree needs 8 years to become productive, therefore it is important to hold the costs low. On that score Subud employs a mass of children.
Aug 2, 2013 10:50 AM CDT
Theresa is very loud and spreading lies and when caught she is blaming everyone else. Her husband Joe reminds me of orangutan, no manners just like a pig.
Jul 31, 2013 9:40 AM CDT
Let's hear a big BRAVO for that employment background check the network provided there. Who can tell me of a white color crime they DIDN'T commit?