Holy cannoli, the battling Giudices, Teresa and Joe, are in a buttload of trouble. The reality TV pair could spend up to 50 years in prison -- and not because they're so obnoxious. But because they've apparently been up to some mind-boggling financial shenanigans, at least according to the government, which is charging them with 39 counts of fraud! This is serious shiznit. Teresa is gonna turn over a table and bug her eyes out for sure.
The charges range from mail and wire fraud to bank fraud to making false statements on loan applications and bankruptcy fraud to Joe not filing for taxes for four years, including not revealing his income from The Real Housewives of New Jersey. I can NEVER understand people who think they will get away with tax fraud. Hello?! The IRS is everywhere!
Teresa released a statement to US Weekly, saying:
Today is a most difficult day for our family. I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me. I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career. As a result, I am hopeful that we will resolve this matter with the government as quickly as possible.
But the U.S. Attorney didn't sound like he was in a forgiving mood, saying:
The indictment returned today alleges the Giudices lied to the bankruptcy court, to the IRS, and to a number of banks.
What were these schemers up to?! An IRS special agent says that the Giudices concealed assets in their bankruptcy petition. In other words, they didn't want to pay the people they owed money to, and at the same time, they wanted to act like they didn't HAVE any money.
Teresa and Joe's attorneys say they are both innocent. The pair have not been arrested, but are due in court to answer the charges soon.
These two have had financial issues for years. If you recall, their debts included mortgages on three homes (who needs three?!), bad business investments by Joe, and even $12,000 for fertility treatments. When their creditors came calling, they didn't want to pay up, even though they allegedly could have. It will be interesting to see if the next season of RHONJ has a special edition in the Big House -- and I don't mean a New Jersey McMansion.
Anyway, it couldn't have happened to a nicer couple. Though I wouldn't want to be on Teresa's cell block. That bitch is mean.
Do you think they'll do any hard time? Do you think Teresa will rule her cell block?
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