According to RadarOnline, court documents show the A. Atkins Appraisal Corporation predicted the forced sale value of Teresa and hubby Joe Giudice’s home items to total only $51,160. A very tiny amount compared to her massive debt of $11 million.
The amount is even more surprising considering pretty much everything Teresa owns is being auctioned off, including her bedroom set, refrigerators, gas range, televisions, furniture, a boat, and even the toys belonging to her kids.
The Giudices, who are being accused of perjury for allegedly failing to disclose some of their assets, also had their wedding bands appraised to the amount of $150 for Teresa’s 14 kt. yellow gold band, and $240 for Joe’s 14 kt. white gold wedding band.
Evidently, the Giudices want the world to believe that while they squandered millions of dollars, and racked up $11 million in debt living beyond their means, they somehow forgot to upgrade their wedding bands. It’s a wonder these two geniuses are being accused of concealing assets.
Despite having their lawyer file an objection, the auction is still set for August 22.
In tonight’s episode, the housewives take a trip to Venice, Italy sans Danielle Staub. Caroline, Teresa and Jacqueline head to Venice for a family vacation and are excited to explore the city on water. The three and their crew enjoy all that the city has to offer but are upset by their non-singing gondola guys! Will the ladies make it through the trip in one piece or will the famous Housewife drama follow them across seas? Find out tonight at10/9c on Bravo.
Also coming up in tonight’s episode is the Joe Giudice DWI arrest. Joe was arrested back on January 14th for driving under the influence, and as we reported yesterday, he has been sentenced for his driving offense.
However in a preview clip for tonight’s new episode, Joe denies he was drinking that night, even though his blood-alcohol content after the crash was .11 percent, above the .08 percent at which a motorist is considered intoxicated in New Jersey.
This isn’t the first time Joe has had driving issues, as his driving license has been suspended an astonishing total of 9.4 years out of the last 20 years. As for Joe’s sentence, the judge “imposed $864 in penalties; revoked his driver’s license for 12 months; and ordered him to perform 30 days community service. A 30-day jail sentence was suspended, providing the community service is completed.”
UPDATE - Thanks to our reader Bryan, Danielle Staub is now denying to HollywoodLife that she tweeted Jacqueline’s daughter Ashley Holmes should kill herself.
This all began last week when a twitter user @PrinceEdwiin tweeted to Danielle that it was his birthday and he wanted “Ashley Holmes to kill herself and videotape it.” Danielle then replied to him saying: “happy birthday. May every wish come true!”
Well Danielle’s stupid defense is now that she doesn’t read every single tweet sent to her and that she sometimes barely reads what is said to her, adding that “I never tweeted that Ashley should kill herself! I would never wish death upon Ashley! I can’t stand the fact it has gotten this far.” Umm then who made the tweet Danielle?
Danielle also seems to be confused about how twitter works as she wonders how @PrinceEdwin was able to tweet to her since he doesn’t follow her. Umm will someone please inform Danielle people who don’t follow you can tweet to you?
TELL US – ARE YOU BUYING DANIELLE’S STORY? WHAT ARE YOUR THOUGHTS ON THE LATEST EPISODE OF THE NEW JERSEY HOUSEWIVES?
Just when you think you’ve heard it all when it comes to the Giudices, comes two shocking new reports about the Real Housewives of New Jerseyposers stars.
The first report comes courtesy of NorthJersey.com, which states that Teresa Giudice and hubby Joe failed to inform the Bravo network of their bankruptcy filing. According to the site, Bravo did not know about the October 29, 2009 filing until the NYPost broke the story in June.
A Bravo representative tells the site, “We had no idea about any of that,” also adding that the bankruptcy issue will not come up in of the future episodes, including the Aug. 23 season finale.
“We just follow the ladies. They tell us what they’re doing and we decide if we want to film them that day. So, if Teresa [had] said, ‘Hey, guess what, guys? I’m going to file for bankruptcy today,’ we probably would have followed it. But it’s easy for them to not give us that information,” continues the Bravo rep.
The North Jersey site then goes on to make a valid point stating that as “a result of the Giudice’s selectivity, there’s a strange discrepancy between “reality” and real life on ‘The Real Housewives of New Jersey’ this season.”
Joe’s former business partner Paterson Realtor Joe Mastropole, who is listed as being owed $586,000 on the bankruptcy petition, also had some choice words for the Giudices, stating: “It’s really a disgrace… Why are they still pretending to be people they’re not on the show?”
Mastropole wasn’t done talking as he also accuses Joe of being a slumlord. “Mr. Giudice had been collecting rent on [those] three properties … and not paying the mortgages, not paying the oil, not paying the utilities, not paying the taxes, not paying the fines and violations and so on and so forth and put those buildings into a hole. Now, he’s going bankrupt.”
Mastropole also adds that Joe was using money he gave him to pay expenses on those buildings to help build his mansion. “He’d say, we need $5,000 this week. We need $10,000 this week, so at the beginning I would give it to him, thinking that it was legit. I find out that it’s going into his house in Montville.”
An attempt is now being made by Mastropole to block the discharge of Joe’s unpaid debt to him. Adding to Mastropole’s dismay is the fact that a Judge ruled in his favor on Oct. 23, 2009 regarding the debt. However, the Giudices decided to file bankruptcy just days later.
Driving Record – In other news, another shocking new report by the Daily Record states Joe Giudice is now appealing his sentence for the DWI he received earlier this year on January 14, the same one that will be featured on the upcoming episode of the show.
But that is not the shocker folks, the site reports that Joe’s license has been suspended a total of 9.4 years out of the last 20 years! The site also adds that at the time of the municipal court trial, Joe had 39 points on his license. The sanctions were for offenses such as speeding, leaving the scene of an accident and careless driving.
This DWI is reportedly Joe’s first, but the Judge did not go easy on him due to his driving history. The judge “imposed $864 in penalties; revoked his driver’s license for 12 months; and ordered him to perform 30 days community service. A 30-day jail sentence was suspended, providing the community service is completed.”
“I’m going to tell her what I told her before — your house is in foreclosure,” Danielle tells PEOPLE. “I wasn’t lying and you did know,” says Danielle as she references a recent episode of the show, when she accused Teresa of having a home in foreclosure.
Danielle adds that while she’s also had some problems with debt, she was never in as bad as a situation as the Giudices. “Divorce put me in debt. I didn’t lie about that. But we’re talking $100,000. We’re not talking $11 million,” she says. “I think people need to spend within their means and if you don’t know what you have, you need to communicate with your husbands.”
This follows Teresa’s appearance on The View Monday, when she claimed her husband, Joe Giudice, kept their financial problems from her.
Danielle however makes it clear that should never be an excuse. “One thing that comes with marriage is that it’s fifty-fifty,” she says. “It is your responsibility to know these things. You can’t just throw him under the bus … That’s not cool,” adding “if you have it, don’t flaunt it because it will come back and bite you.”
The Reunion – As we reported, the reunion show was taped this week on Wednesday, and it seems something big went down. Below are the few tweets those involved with the taping have since made -
BravoAndy – We are wrapped in New Jersey. WOAH. Very unexpected stuff. I am pooped. #needmakersmark
CarolineManzo – Finally home relaxing taped reunion show yesterday, busy day in NYC today. The reunion was UNBELIEVABLE.
Teresa_Giudice – Hi Tweet♥s! FINALLY finished taping the #RHONJ reunion show! All I can say is you will NOT believe what happens. How was your day? xx
JacLaurita – It was a long exhausting day.Lauren,u did a beautiful job w/my makeup.I Love u & ur Mom.I appreciate everything u did.Thank u.It’s over now.
Danielle has yet to tweet anything about the reunion and Dina twitted a lot during the day of the filming, meaning she likely did not attend the reunion taping, or if she did, she filmed a very small segment. No word yet on when the reunion show will air.
Star magazine is also reporting today that the classiness known as Danielle Staub will be hosting a birthday bash at New York City Gentleman’s Club Scores, on Tuesday, August 10. This is in celebration of her 48th birthday, and the invitation promises Danielle will treat partygoers to a live performance of her tortured lullaby ‘Real Close.’ No word on if the former stripper/porn star will hit the pole.
Kim G. and Jacqueline may find common ground as Kim G. recounts the latest Danielle drama and insists that their friendship is over. Skeptical of her past two-faced behavior, Jacqueline is not quick to trust and even calls Kim G. out on her shady behavior.
Also this week, Dina Manzo makes a guest appearance as she’s named Teresa’s baby’s godmother. Will Dina’s brief return get her caught up in any Housewife drama? And finally, we get the big showdown between Danielle and Kim G. The new episode airs tonight at10/9c on Bravo.
In other Housewives news, Teresa Giudice appeared on The View talk show this morning and her appearance was nothing short of extremely humiliating as she was verbally bitchslapped by the show’s hosts.
Teresa, who seemed very excited to be going on the show according to her twitter, likely did not expect the intense interrogation she received. Right from the start, Teresa seemed tense and nervous, even stammering over her words. She was grilled by the ladies about her financial situation, and at one point during the show, host Joy Behar was just laughing at her, right in front of her.
Teresa’s appearance on the show was first preempted by the foreclosure argument she had with Danielle. The first question came from Elisabeth Hasselbeck who wanted to know how she went broke, since she is always shown spending frivolously on the show. Before Teresa could even finish stammering her words to answer Elisabeth’s question, Joy chimed in, “Is your husband a slumlord?”
And before Teresa could finish answering Joy’s slumlord question, guest host Bryant Gumbel brought up the accusations being made by Joe Giudice’s former business partner, who told PEOPLE magazine a while back that a bad economy only played a small role in the Giudices bankruptcy filing, saying living beyond their means played a big role.
After Teresa tried to put the bankruptcy blame on a bad economy and Joe’s businesses going bad, Bryant brought up a good point when he asked her if people not paying Joe rent could really be to blame for their $11 mil debt. Teresa then claimed their debt was not $11 mil and that those numbers were exaggerated by the media. Bryant asked her how much her debt was, “$10 million?” snarked Bryant to Teresa, who then replied that she did not know the exact amount.
Teresa claimed she was not aware of her huge debt because Joe kept it from her until it was absolutely necessary to tell her. I always live within my means. Always. The money was coming in from the apartment buildings so we were able to live the lifestyle that we did,” insisted Teresa. “How are you living within your means if you’re $11 mil in debt? I don’t get that,” were the next words out of Joy’s mouth.
Teresa was also asked about the foreclosure rumors, to which she said her home is not in foreclosure and has never been in foreclosure. Regarding the upcoming Aug 22 auction, she confirmed her lawyer has filed an objection. She was also asked if the ring she was wearing was real, to which she admitted it was “costume jewelry.”
When asked about the Dancing With The Starsrumors, Teresa said she could not comment on it. “You should go on Dancing With The Stars, and then have a yard sale!” exclaimed other guest host Mario Cantone. And yes folks, it was that kinda day for Teresa. I almost felt bad for her when it was all over. Almost.
Below is what Teresa tweeted after she finished taping The View -
“Whew! It’s over! I knew The View wasn’t going to be a lovefest, but you gotta take the tough questions sometimes…
Thank you all for your encouraging tweets. I’m fine. I’m a tough cookie. It takes more than an old comedian to bring me down. ;)”
In case you’re wondering, the “old comedian” she’s referring to is Joy Behar. The video of Teresa’s interview has yet to hit the net, but it will be posted here the minute it appears online.
Thanks to our reader bailey78. Part of Teresa’s interview is below -
TELL US: WHAT ARE YOUR THOUGHTS ON TERESA’S APPEARANCE ON THE VIEW? ON TONIGHT’S NEW EPISODE?
“She’s the face of our company,” says Sizzle Tans owner Rob Hornung to PEOPLE. “We’re running that commercial on 10 networks.” Hornung adds that they plan on “putting [Teresa's] face — and very tan body — on billboards around New Jersey.” The video of Teresa’s ad is below.
Teresa On The View Talk Show - It seems Teresa will be appearing ABC’s The View on Monday, all this according to Teresa of course. When a fan asked her to confirm her DWTS appearance, Teresa tweeted, “I can’t comment on it anymore but I will be on “The View” on Monday on ABC… ;)”
UPDATE: A quick look at The View’s official website does indeed confirm Teresa will be a guest on Monday. Will be interesting to see the ladies grill her what she has to say.
Teresa’s Auction Goes Global & New Objection – The Wall Street Journal is now reporting that due to the high amount of publicity and press Teresa and hubby Joe Giudice’s upcoming auction has generated, the auction will now be made global. Potential bidders will be able to register at Proxibid, a website that does as many as 800 auctions a month and reports bidders from 175 countries, to bid on Teresa’s home items.
Teresa and Juicy Joe have however formally objected to the auction, according to Mike Sklar, a partner with A.J. Willner (the company planning to hold the auction).
Teresa and Joe are now claiming some of the items scheduled for auction were purchased after the bankruptcy petition, and that other items belong to relatives. Yes folks, they are really claiming that. Sklar however makes it clear these types of objections are typical. The objection hearing is scheduled for August 16.
And get this, the WSJ also adds in their report that they were unable to reach the Giudices for a comment on the story “because their phone is disconnected.”
The video of Teresa’s local tanning commerical is below -
Danielle Staub’s youngest daughter Jillianprepares for her big break to be debuted at her sister, Christine Staub’s Sweet 16 birthday party. But when she expresses a few insecurities, Danielle encourages her daughters to put themselves out there…whether it’s performing a song or pursuing a career in modeling; does she push her daughters too hard or is she being a supportive mom? It also seems Jillian and Christine’s father aka Danielle’s ex-husband, Thomas Staub, will make an appearance on the show tonight.
Also celebrating a big occasion, Teresa and Joe look forward to their 10th wedding anniversary. With all of the rumored money issues that the Giudice’s are experiencing, will Teresa get the diamonds she’s been hoping for or will the celebration be a letdown? Find out tonight at 10/9c on Bravo.
Watch What Happens – Appearing on WWHL tonight will be Bethenny Frankel, Rachel Dratch, and wait for it… the one and only Kim Granatell aka Kim G. Should be a great episode tonight!
In other news, another day, another new unflattering story about Teresa Giudice. The NYPost is reporting today that the broke Real Housewives of NJ star, who’s home items will be getting auctioned off next month, demanded $3,000 to appear at a charity event for abused women.
The Post reports a manager for Teresa said she would only appear at the July 19 New Jersey fund-raiser for Strengthen Our Sisters if she was paid. The event organizer told the Post, “Mike Esterman, who books her appearances, said . . . she would not show up unless she got paid. I explained this was for a shelter for women and children. He said it doesn’t matter…Danielle Staub, her daughters, and Lori Michaels came for free.”
Esterman however attempts to defend his client Teresa telling the Post, “I made it clear I only handle her paid appearances, and the fee is $3,000 and a car service. I said charity events have to be agreed by Teresa personally, and they should reach out to her directly.”
In other Teresa news, a new scandal is brewing in the form of Pizzagate. It all stems from Teresa’s comments during the last episode of the NJ Housewives during which she mentioned that she buys frozen dough to make her pizzas.
The only problem? It just so happens that Teresa has a dough recipe in her cookbook Skinny Italian, for what she calls the “best crust in the world!” This is leading some of Teresa’s fans to question the honesty and integrity of her book.
Below is a preview clip of Teresa wanting diamonds from hubbyJoe Giudice. Keep in mind this episode was filmed just weeks after the Giudices filed bankruptcy.
TELL US – WHAT ARE YOUR THOUGHTS ON CHARITYGATE & PIZZAGATE, PLUS TONIGHT’S EPISODE OF THE NJ HOUSEWIVES?
We said a while back that you couldn’t make these things up, and folks you simply can’t when it comes to the Bravo housewives. Just a week after showing off her lavish unaffordable mansion in InTouch Weekly, Teresa Giudice’s luxurious home items have now been officially listed on an auction website to be auctioned off on August 22nd.
The website, A.J.Willner Auctions, specializes in auctioning off home items of the rich and morally bankrupt aka Teresa and hubby Joe Giudice. The Real Housewives of New Jersey stars, who can been seen bragging about their lavish lifestyle on the show, filed bankruptcy to the tune of $11 mil in debt back in October 2009.
And not only does the site list Teresa home address, and a time for the auction, 12:00pm for those interested in stopping by, it also posts the photos of items set for auction from Teresa’s home. Oddly enough, a lot of the items pictured, including Teresa’s stainless steel gas range, flat screen TV, and crest leather & fabric sofas, were all featured in her InTouch magazine home spread.
Other items of Teresa’s that are being auctioned off?
Schaefer & Sons Grand Piano
Wolf 48″ Stainless Steel Gas Range
1080 Pure 42″ LCD Television
Chippendale Style Arm Chair & Pair of Oversized Candle Sticks
Round Pine Kitchen Table & 8 Upholstered Tudor Style Chairs
Panasonic Viera Oversized LCD Television
Dark Finish King Size Bedroom Set
Love Seat, Upholstered Arm Chairs & Area Rug
Connelly Antique Style Pool Table
Faux Marble Chess Set
Yes, even the bed Teresa sleeps on will be auctioned off. Not sure if it gets any more humiliating than that. Unfortunately for the Giudices, their problems have only just began.
As we reported last week, Teresa and Joe are now being accused of perjury by their bankruptcy trustee John Sywilok, whose responsibility is to round up the Giudices’ assets and distribute the proceeds to creditors.
John alleges in court documents dated June 30 that the couple failed to list profits from several business, including Teresa’s clothing line TG Fabulicious LLC, a pizza parlor (which was shown in the most recent episode of Real Housewives) and her cookbook, Skinny Italian, which he claims was written prior to the bankruptcy filing.
The Wall Street Journal also reveals the Giudices are accused of undervaluing some of their luxury items in their bankruptcy filing, including a pool table ($1,000), wedding bands ($400) and living room furniture ($2,000). Like anyone would believe their wedding bands cost $400.
Jim Kridel, an attorney for the Giudices, however tells PEOPLE his clients are innocent of any wrong doing and he plans to object to the filing in court, saying they did not hide sources of income.
“The contract for Teresa’s book was signed after the bankruptcy petition was filed, and all money was received post petition,” he says, adding that the Giudices are legally allowed to freely spend money earned after filing bankruptcy. “If she knew the recipes, it doesn’t take four years to write a cook book,” he says. “It’s not a Mary Higgins Clark novel.”
As for the pizzeria, Kridel claims it is owned by Joe’s father, and therefore should have never been considered an asset at the time of the filing. What’s interesting is that Teresa said during last episode of the NJ Housewives that Joe owned the pizza parlour.
And when it comes to the book fiasco, Teresa is likely lying about that as well, because Teresa wrote in one of her Bravo blogs back in June that her book, Skinny Italian, went to press before Bethenny Frankel’s book, The Skinnygirl Dish, came out. This was Teresa’s attempts at fending off rumors that she copied Bethenny’s book.
So let’s dig a little more into this. Bethenny’s book came out December, 29, 2009 according to Amazon. Teresa filed for Bankruptcy on October 29, 2009. So according to Teresa, she signed the contract for her book, finished writing the book, and was able to get it to press, all within a 2 month span?! Well, we call BS and say it’s highly impossible unlikely. Plus one also has to wonder if Teresa is being made fully aware of her financial troubles. Showing off her home in a national magazine two weeks after their trustee filed documents to auction off her home items just seems surreal and downright moronic, but then again…
TELL US: DO YOU FEEL BAD FOR TERESA & JOE? WILL YOU BE ATTENDING THE AUCTION?
UPDATE - It seems the items listed on the auction website are only the featured items of the auction. A whole lot more of Teresa’s home items will also be auctioned off including all of the beds of her kids, all of the TVs in the kids’ bedrooms, toys, games, books, and even some of her baby’s items including the crib and rocker. Even her refrigerators and jewelry will be auctioned off.
Other items include the kids’ bikes, Gia’s ATV that was given to her on the show for her birthday, and also a boat owned by the Giudices. Poor kids. You can see the full list of auction items by clicking here. Thanks to our reader Anita Vacation for the link.
UPDATE #2 – More photos of Teresa’s home items to be auctioned off have been added.