Teresa Giudice was not spared prison by being sentenced to home confinement, the reality star will spend 15 months in a federal facility. Because Teresa…
Real Housewives of New Jersey” stars Teresa Giudice and her husband Joe were formally indicted on 39 counts including bank fraud, conspiracy to commit mail and wire fraud and tax evasion.. In comparison, John Dillinger was indicted on a smidge over a few dozen charges.. I realize this sounds serious as hell, but you can literally indict a ham sandwich. These guys are about to go on quite an odyssey. Let the games begin..
U.S. Attorney Paul J. Fishman proudly announced the IRS headed, 39-count indictment, claiming the Giudice’s massively defrauded the IRS as well as several banks between 2001-2008.
According to TMZ:
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.
The Giudices also allegedly withheld vital information about their net worth from a U.S. bankruptcy trustee after filing for Chapter 7 in 2009 — including Teresa’s true income from the reality show.
As for tax evasion, Joe is accused of failing to file income tax returns for the years 2004-2008, during which he allegedly earned $1 million.
All told, the Giudices were hit with 39 charges — including conspiracy to commit mail and wire fraud, which carries a max prison sentence of 20 years, and bank fraud, which carries a max of 30 years. The remaining charges carry the possibility of even more prison time.
Fast thinking lawyers for the couple convinced the court to allow them report on their own reconnaissance on Tuesday morning in Jersey.