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Chris Laurita

Chris Laurita
It seems Teresa Giudice isn’t the only Real Housewife of New Jersey star facing major financial troubles! A new report states that Twitterholic, Jacqueline Laurita and her husband Chris Laurita were recently named in an $8M lawsuit for “improperly using funds and assets” from their company Signature Apparel.

RadarOnline is reporting that Chris and his brother Joseph formed Signature Apparel Group (a company that once owned brands such as Rocawear and Eve’s Fetish) in 2005 and “drained the company” amassing a debt of $7,804,227 which was used to “support their luxurious lifestyle”!

According to documents the company banked more than $250 million between 2005 and 2009, but then surprisingly declared bankruptcy in September 2009, and just like their friend Teresa, someone started complaining that the bankruptcy petition might just be fraudulent. The suspicious bankruptcy filing prompted the debtor “to come forward with the complaint”, claiming company monies were “misused,” RadarOnline reveals.

Chris and Joseph “drained the Company of all its funds and assets in order to support their families’ increasingly opulent lifestyle of private jets, limousines, extravagant parties, premium automobiles, designer clothing, ostentatious home furnishings and lavish vacations,” the complaint filed November 2, 2010 alleges. “Signature’s assets were misused to make outright and unjustified payments to Laurita family members, and to fund the operations of the Laurita brothers’ other companies and business ventures.”

So what exactly did the Lauritas spend all that money on? Well, according to the documents, here’s the breakdown:

  • Nearly $2 million in credit card payments for the Laurity Family, including payments to more than 40 bank accounts
  • At least $331,637 for payments on no less than eleven leased cars, including a Bentley and a Maserati
  • At least $284,793 in airline travel expenses for the Laurita Family
  • At least $145,894 for private airplane rentals for the Laurita Family
  • At least $7,280 for travel agent expenses for the Laurita Family
  • At least $755,184 to defendant Christopher Laurita for undocumented or insufficiently documented reasons
  • At least $784,160 of disbursements directed by the Laurita Director Defendants (Chris and Joseph) to unknown recipients, without any documentation whatsoever

Even worse, the complaint alleges that Jacqueline had knowledge that shady business dealings were taking place and willing participated in wrongfully accepting money from the company, which is why she is named as part of the suit! The documents claim Jacqueline, along with Anthony Laurita, “knew of the Laurita Director Defendant’s wrongful conduct, and each substantially assisted the Laurita Director Defendants in breaching their fiduciary duties by, among other conduct, accepting funds they each knew belonged to Signature and for which they each knew they had performed no services and/or provided no value.”

“Funds that should have been used to grow Signature’s business and to pay Signature’s vendors and creditors, instead were diverted to the Laurita Family Defendants.” Oops – that’s not good.

Chris has denied “nearly all of the 155 allegations made in the claim” and believes it should be summarily dismissed, citing: “a failure to state facts sufficient to constitute a cause of action and a failure to state a claim upon which relief may be granted.” The case is still pending so Reality Tea keep you posted with all the updates! Jacqueline has yet to comment, but if Bravo had wind of this matter it may have been another reason she skipped the RHONJ Season 3 Reunion!

In my limited knowledge of bankruptcy law, this is what I understand to have happened: it seems that instead of paying creditors to keep the business lucrative the Lauritas allegedly pocketed the proceeds and spent the money for personal use, then filed bankruptcy to avoid paying their bills. Now they are being accused of fraudulently filing bankruptcy. Any legal or financial experts out there please chime in!

In other news, when it flurries it becomes a Norwegian! Just a few days ago it was reported that Jacqueline was indeed a stripper before marrying Chris and Jacqueline is still adamantly denying it! You know the old expression “the lady doth protest too much…”

Jacqueline took to her personal website to clear up any lingering suspicions about how she met Chris and is sticking to the story that they met while she was a convention model. She also posted yet another Tweet denying she was a stripper and accusing someone (ahem…Teresa) of leaking false stories: “Im being 100% honest w/everyone w/my story of how Chris&I met in Chicago. I WAS NOT A STRIPPER/PROSTITUTE as said by shady people 4 money”

I, for one, can’t wait to hear what sister in law from hell, Caroline Manzo has to say about the latest!

[Photo credit: Sylvain Gaboury / PR Photos]

THOUGHTS ON THE LAURITA’S FINANCIAL SITUATION? DO YOU BELIEVE THEY ARE INNOCENT OF ANY WRONG DOING? ARE YOU SURPRISED BY WHAT THE ARTICLE IS ALLEGING? DOES THE RECENT INFORMATION CHANGE YOUR OPINION OF JACQUELINE?

A day after In Touch Weekly reported she used to be a former stripper, Real Housewives of New Jersey star Jacqueline Laurita is now denying the report… sort of.

At first it appeared Jacqueline wasn’t going to respond to the shocking report, but she eventually did on Wednesday night when she took to her twitter page and wrote: “Chris and I want to share with you our wedding song…” The tweet included a link to a song by artist T-Pain titled “I’m In Love With A Stripper.”

Jacqueline later tweeted: “ITS A JOKE!!! GET IT????” She then added, “In case you were wondering… No, the rumors aren’t true. ( You know the ones;0) ).”

Jacqueline’s former friend and RHONJ costar Danielle Staub also chimed in yesterday, maintaining Jacqueline was indeed a past stripper.

Hours after the report came out yesterday, Danielle, who has admitted to being a former stripper and then some, tweeted: “It only takes a moment to tell a lie but a lifetime to cover up! The truth always comes out! I’m proud that I’ve always kept it real.”

And when a fan asked Danielle why she never revealed Jacqueline’s alleged secret (though she sort of did weeks ago), Danielle replied: “That’s bc I’m not a backstabbing bitch I kept it to myself bc JL was so weak and asked me to not say anything.”

As we reported yesterday, Teresa Giudice also insinuated Jacqueline was a former stripper when she tweeted last month that she had “lots of ex-stripper friends…”She made that tweet the same day Jacqueline was making negative tweets about her.

As for Jacqueline’s friendship with Teresa UsWeekly is reporting that it is over for good and that Jacqueline has vowed she “will never speak to Teresa again.” She definitely has good reason as Jacqueline believes Teresa was the one who supplied In Touch Weekly with the stripper story.

The source reveals that Caroline Manzo is also done with Tre, stating that Caroline hasn’t spoken to Teresa in months.” Our RHONJ insider told us the same thing weeks ago stating Caroline was NOT on speaking terms with Teresa, even before the Posche Fashion show drama. “Every time they get together to film, everyone’s fighting with Teresa,” says the source to UsWeekly. The ladies just wrapped up filming on season 4.

Teresa’s sister-in-law Melissa Gorga added: “Caroline is upset over the charade.” When it comes to the status of the Gorga/Giudice relationship, sources reveal it’s still definitely strained. “Teresa and Melissa still communicate for family stuff, but things are strained,” a show insider states.

As for the reunion drama, Melissa admits, “It was dramatic and painful to watch.”

Meanwhile, perhaps to further clear up the rumors that she met her hubby Chris Laurita while stripping, Jacqueline revealed on her blog today on exactly how she met her husband. Jacqueline wrote that she met Chris in “the summer of 1996 when Ashley was only five years old,” adding that at the time, she was renting “a chair in a salon doing hair as a licensed cosmetologist in Las Vegas.”

Jacqueline reveals she also did some modeling back then for “conventions that came to town.”  Jacqueline says she “modeled clothes, shoes, accessories, electronics, computers” etc.  She states she actually met Chris in Chicago during a trade show she was working at.

Photo Credit: Credit: Joseph Marzullo/Wenn.com

TELL US – THOUGHTS ON THE LATEST? DO YOU BELIEVE JACQUELINE’S TELLING THE TRUTH?

According to a new bombshell report, Jacqueline Laurita, star of the Real Housewives of New Jersey, used to be a former stripper.

The latest issue of In Touch Weekly magazine, out on newsstands on Friday, is stating Jacqueline, 41, used to work as an exotic dancer in Las Vegas, Nev. before she met her husband Chris Laurita.

“She has confirmed her stripper past to multiple friends who are covering up for her,” a source tells the mag. “She is telling everyone to deny it!”

As for the reason Jacqueline decided to strip, another insider states it was because she needed the money. “At the time, she was a single mom who needed to dance at a club in order to pay her bills,” explains the insider. The insider also claims Jacqueline met her husband Chris at the club. Wowzers.

Even more interesting, the mag states the real reason Jacqueline skipped the RHONJ reunion was due to her fear of having her past revealed. “She feared that Danielle Staub would make a surprise appearance and tell all about Jacqueline’s stripping past,” shares a source. “She didn’t want to face the truth!” Indeed, former RHONJ star Danielle did reveal days before the reunion that producers from Bravo had been contacting her to film.

The mag also makes mention of the fact that Chris’ company, Signature Apparel Group, is dealing with major debts, citing the company filed for Chapter 11 bankruptcy in 2009 and owed about $25 million. “She doesn’t want any of this coming out,” adds the insider.

There have always been rumblings about Jacqueline’s alleged past as a stripper. In fact just weeks ago, Danielle Staub, who used to be good friends with Jacqueline, tweeted that Jacqueline used to be a stripper. On October 1, a fan tweeted to Danielle ‘Would u mind responding to the rumors that [Jacqueline was] an exotic dancer years ago in LV?’ Danielle tweeted back, “She was and then some.”

And then right after the Posche Fashion show drama and falling out with Teresa Giudice, Teresa, in her ever so passive aggresive manner, seemed to insinuate Jacqueline was a past stripper. Teresa tweeted: “And for the record: I don’t believe MG was a stripper but I wouldn’t care anyway. (I have lots of ex-stripper friends… ahem…).” A screenshot of Tre’s tweet is below –

As for Jacqueline, she has yet to deny the report though she did tweet yesterday that Teresa was behind the latest In Touch cover story. “Im bracing myself 4more joy,I hear Teresa put out 1more article in intouch which should be the end of her 7cover contract.Can’t wait,” tweeted Jacqueline.

Photo credit: Ivan Nikolov/WENN.com

TELL US – THOUGHTS ON THIS SHOCKING REPORT? DO YOU BELIEVE JACQUELINE WAS A FORMER STRIPPER?

According to a new report, Jacqueline Laurita is filming her final season with the Real Housewives of New Jersey.

As we reported weeks ago, Bravo is currently filming season 4 of the RHONJ while the 3rd season is still on the air. A rarity for a Housewives series.

Well the Rumor Fix blog is now reporting that Jacqueline is filming her final scenes for Bravo.“It is confirmed that Jacqueline Laurita is now filming her LAST season of the Real Housewives of New Jersey,” states the blog.

“Jacqueline’s six-year contract is still in full force and effect and she is now filming limited scenes for Season Four but she does not want to return for Season Five. She just wants to have her normal life back and she’s hoping that Bravo will allow her to break her contract for the remaining two seasons,” adds the Rumor Fix.

Jacqueline, 41, didn’t help matters when she tweeted days ago, “I’m thinking I’d like 2 go back 2 being a normal family.I miss those days.I’d like us all to focus on positive things & positive people.”

Perhaps she’s over the drama with daughter Ashley Holmes and all the backlash. It has also been rumored that Ashley is barely filming for the new season as Jacqueline and hubby Chris Laurita kicked her out of their home. Ashley, who wants to move to California, is reportedly living in Texas at the moment. And let’s face it, while Jacqueline’s very likable, she’s mostly drama free on the show and doesn’t seem to have much of a storyline without Ashley.

Another factor could be wanting her privacy back. Just days after Ashley’s dad, Matt Holmes, appeared on the show, his arrest for arson, insurance fraud, and money laundering quickly made headlines. Only time will tell if Jacqueline is indeed leaving the show a la Dina Manzo. Jacqueline’s reported exit might also explain her recent blog in which she completely calls out her BFF Teresa Giudice.

Photo credit: Ivan Nikolov/WENN.com

TELL US – THOUGHTS ON THIS REPORT THAT JACQUELINE IS LEAVING RHONJ? IF TRUE, WILL YOU MISS HER?

UPDATE - According to Ashley’s twitter, she moved to LA yesterday. Ashley tweeted yesterday, “I’m moving to LA today!” later adding, “Been here for a total of 10minutes and i already LOVE my new home! #LA !!!!”

Ashley also wrote on her Celebuzz blog, “I have an internship waiting there for me with Buzznet & Celebuzz. I recently formed my own LLC. I’m currently working on my own clothing line that I hope to launch by 2012. I am working on building my own website, that will also be up and running soon. I am also writing a book. I think the content of the book is going to surprise a lot of people, no one REALLY knows me the way they think they do.”

Here’s to hoping she has her finances in order because in the words of Caroline Manzo, “You don’t want to hit rock bottom in California.”

As the second season of the Real Housewives of New Jersey dwindles to an end, thought you all might be interested in some amazing ‘before’ shots of the NJ ladies before they became famous, or infamous rather for one or two of them.

To the left is an old school glamour shot of Jacqueline Laurita, and the picture on the right of the then young lovebirds, Caroline Manzo and husband Al Manzo.

More amazing shots below of a younger, bigger haired Teresa Giudice, plus some old shots of Danielle Staub, all courtesy of Bravo.com.

CLICK HERE FOR MORE OLD SCHOOL PHOTOS OF THE NJ HOUSEWIVES! -

If there’s one thing we have all grown accustomed to when it comes to Bravo housewives, it is their penchant fondness for the good life and excessive, borderline obnoxious, bragging of their “lavish lifestyles.”

Not exempt are the Real Housewives of New Jersey, and thanks to the good folks at Jezebel.com, the financial history of each of the ladies has now been uncovered.

For example, did you know three civil suits were filed against Danielle Staub and her ex-husband Thomas Staub, including federal and state tax liens? Yeah, neither did we. This might explain why a 47-year-old mother of two would make a sex tape and sell it to the highest bidder. All allegedly of course.

Below is more information about each housewife’s financial history -

Caroline Manzo – Caroline’s husband Albert Manzo has been involved in over 30 judgments and liens (one brought on by a family member) since the early ’90s up until two years ago . Throughout the ’90s and into 2000, there were several judgments against Caroline for nonpayment of hospital and doctors’ bills, as well another judgment involving “Church Chronicle Publishing.”

  • A state tax lien for $10,546.17 was filed against Albert Manzo in 2000.
  • A judgment in favor of the Federal Mortgage Association for $148,000 also against Al.
  • A few judgments in favor of the First Bank of USA and North Jersey Federal Credit for a combined total of over $10,000.


Dina Manzo – Jezebel reports out of all the housewives, Dina is the only one who has a clean slate when it comes to her financial history. Her husband, Tommy Manzo, is however a different story. Dina married Tommy (the brother of Caroline’s husband) in 2006 in a lavish wedding that reportedly cost $1.5 million. The wedding was featured on VH1’s My Big Fat Fabulous Wedding. You can watch that here.

  • Tommy was sued by American Express for $12,599 in 2007
  • He was also sued by the Bank of America for an undisclosed amount.


Jacqueline Laurita - Similar to Dina, Jacqueline also seems to have a clean financial slate. However as we reported this week, the company of Jacqueline’s husband, Chris Laurita, filed for bankrupty last year. The company, Signature Apparel Group LLC, was behind the Rocawear and Eve’s Fetish clothing brands. The financial issues found on the Lauritas were for the years 1988 and 1990.

  • United Jersey bank successfully won a judgment against Chris for over $18,000 in 1988.
  • American Express also successfully won a judgment against Chris for almost $3000 in 1990.

CLICK HERE TO READ MORE ABOUT THE LADIES’ FINANCIAL HISTORIES!

On the heels of her Real Housewives of New Jersey co-star Teresa Giudice filing for bankruptcy, could Jacqueline Laurita be next?

While the net worth of Jacqueline and her husband Chris Laurita is unknown, it has been uncovered that Chris’s company, Signature Apparel Group, LLC, had a bankruptcy filing last year in September 2009. Chris is listed as being the company’s CEO, Owner and President.

The bankruptcy is described as “an involuntary petition for liquidation under Chapter 7″ that was filed against Signature Apparel Group, LLC in the U.S. Bankruptcy Court for the Southern District of New York.

There’s no word on the current status of the company or how this affects the finances of Chris and Jacqueline, but with Chris being the Owner, CEO and President, it’s safe to assume the demise of the company will put a dent in the couple’s finances. One can only hope the Lauritas have been responsible with their money, so they don’t end up like the Giudices.

UPDATE: Wanted to add that this isn’t a personal bankruptcy filing but one for a company which seemed to be having problems.  We have zero knowledge of the Lauritas’ personal spending or finances.  This is simply a report on what happened with Chris’s company Signature Apparel.

In other New Jersey news, mama bear Caroline Manzo gave a new interview to Zap2it, during which she touched on the Brownstone and Kim G. Excerpts are below -

And, your kids, have they received preferential treatment [at the Brownstone], because dad’s the owner?
Each of them did everything. Somebody vomited on the floor? We’d say, ‘Albie, go clean up the vomit.’ And he’d say, ‘OK.’ What’s great about it is all the employees at The Brownstone, from the dishwashers to the valets to the bartenders, they all worked in every aspect in every department. So they all know these kids and they know that they put in the hours and they know that they worked and they know that they are good kids. It is a wonderful thing when you are going there and you see them interacting with everybody. We have almost 300 employees and they interact with everybody and they know everybody’s name and everything. That to me is tremendous.

Danielle Staub is one thing, but what is Kim G.’s deal?
Kim and I only know each other because I know that she’s [my son, Christopher’s friend] John’s mom and she knows that I am Christopher’s mom. There was never so much as an invitation for a cup of coffee on her part to me in the past ten years. And to be fair I never reached out to her either. So I just thought that the timing was a little…bizarre. I thought the invitation was a little strange, and this is why I stepped away from that. As far as her friendship goes, I don’t know the woman well enough to say she is not clear about things, or she is being fooled, or is Danielle her type of person or is Danielle not her type of person? I don’t know the answer to those questions. Because I don’t know her.

You seem pretty forgiving – even after she twisted Chris’ words when he said that they were “in for a surprise” and added fuel to Danielle’s fire.
I was able to let go. Certainly it was disappointing. No doubt. It was uncomfortable for me to watch without question. But again, it is not like we had a relationship and she turned on me. It is not like we had a relationship and she was like two-faced. We didn’t have a relationship. So is that’s what she wants to do, than great. However, I’m not going to let her actions impact me enough to affect the boys’ friendship.

Real Housewives of New Jersey Premiere Party

The Real Housewives of New Jersey held their season 2 premiere party Tuesday night at the Manzos’ Brownstone in Paterson, NJ.

It was a family affair as cast members Teresa Giudice, Caroline Manzo and Jacqueline Laurita brought their families along. Also in attendance was Susan Saunders Jill Zarin, and Alex and Simon from the NYC Housewives franchise. Missing in action were Dina Manzo and Danielle Staub. More photos from the party below.


DINA MANZO BREAST REDUCTION

Also making headlines and gracing this week’s cover of Life&Style magazine is Dina Manzo who apparently underwent a bubbies breast reduction.

Dina reveals she had her surgery on April 6 to correct a decade-old breast augmentation that she says gave her back pain and made her self-conscious. “I woke up from surgery and just knew I was super huge and needed to get the implants taken out,” she tells Life & Style of her 2000 surgery. “I went back within the first two weeks and got them reduced.”

Despite her first reduction, Dina reveals she was still unhappy with her breast size. “I was uncomfortable and felt like I was carrying a child around with me all the time,” she says. “Plus, you don’t realize it until you have big boobs, but they’re a pain when it comes to dressing.”

Dina says her new surgery has taken her from her previous 32DD size breasts to a more modest 32C cup. “Everyone says I look the way I should now,” boasts the NJ housewife. “I’m proportional!’

CLICK THE READ MORE BUTTON TO SEE MORE PHOTOS FROM THE PREMIERE PARTY –

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