Joe Giudice

NJ Housewives’ Giudice Money Untraceable? Plus Danielle Staub’s Show Coming In February

by Reality Tea on January 5th, 2011

Despite winning a $260,000 ruling against his former business partner Joe Giudice for forging his name on a $1 mil mortgage loan and then pocketing the money, it seems Joe Mastropole is not too optimistic he will be able to retrieve a penny of the amount owed to him.

In a new interview with RadarOnline, Mastropole feels his ruling is bittersweet because he doesn’t believe Teresa Giudice, star of the Real Housewives of New Jersey and her hubby Joe will cough up the money. In fact, Mastropole refers to Joe’s money as “untraceable.”

“I’m disappointed because she’s [Teresa] the one making income and his money is fraudulent, untraceable and untaxed,” Mastropole told Radar.“She’s the only one bringing money in right now… You can’t really go after him.”

Unfortunately, it doesn’t seem Mastropole will be able to go after Teresa either as a judge dismissed the fraud claims made against her last December.

As reported yesterday, Judge Morris Stern ruled that the money owed to Mastropole be excepted from the Guidice’s $11 million bankruptcy discharge. “Even though I’m an exception to his discharge, I think his money is untraceable so it will be hard for me to recover any debt,” added Mastropole.

In other NJ news, the Luxist is reporting that former NJ Housewife Danielle Staub’s new show will be making it’s debut Wednesday, February 9th on Wealth TV.

It seems the show, titled ‘Social,’ will follow Danielle as she tours the home of wealthy Z-listers. Four episodes of the show have been shot with the network planing two seasons of the show — a total of 26 episodes. In each episode, Danielle will introduce viewers to a “celebrity” with a tour of their home.

One of the “celebrities” that will appear on this season is said to be Ivan L. Wilzig. And no, we’ve never heard of him either. As a matter of fact, we don’t even know what a Wealth TV is. Seriously, what is this network? I have Direct TV, do I have it? Do you all have it? Does anyone have it? Does it exist? Anyone? Help anyone?

TELL US – THOUGHTS ON THE COMMENTS MADE BY JOE’S FORMER BUSINESS PARTNER? DO YOU HAVE WEALTH TV? WILL YOU BE WATCHING DANIELLE’S NEW SHOW?

Real Housewives of New Jersey

Joe Giudice Ordered To Pay $260K To Former Business Partner, Dina Manzo Planning Return To TV

by Reality Tea on January 4th, 2011

More money troubles for the bankrupt Teresa Giudice, star of the Real Housewives of New Jersey.

According to a new RadarOnline report, a NJ judge has ordered Teresa’s husband Joe Giudice to pay $260,000 to his former business partner Joe Mastropole.

This all stems from a lawsuit filed by Mastropole in which he accused Joe of forging his signature on a mortgage loan and then pocketing $1 million from that loan. Judge Morris Stern reportedly found Joe, who he described as lacking credibility, guilty of forging the signature.

According to the judge, Joe will have to pay his former business partner the $260k in spite of his legal claim for bankruptcy protection.

“The signing of Mastropole’s name was a forgery… exhibiting willfulness and malice toward a former friend and current adversar,” Judge Stern wrote in his judgment, handed down in the U.S. Bankruptcy Court in Newark on Monday. “The extraordinary web of lies and misrepresentations woven by Giudice to implement and cover his misconduct reflects on his approach to business matters and suggest his disregard for legal restraints which would bind others.”

Moving on to other NJ news, despite her unwillingness to confirm or deny her return to the Real Housewives of New Jersey on the Bravo New Year’s Eve special, Popeater is echoing what we suspected all along, which is that Dina Manzo will not be returning to the Bravo hit show.

Dina however tells the site that her TV career is far from over. “You’ll see my face pop up on TV in the near future. I’m working on something very exciting, but it’s not reality TV,” says Dina who adds that she’s “happier than ever” since quitting the show. Though we’re not really sure what storyline Dina would have had after her ex-husband reportedly refused to allow their daughter Lexi to continue filming, in addition to her current husband, Tommy Manzo, who has also refused to do the show.

“I love them all. They’re great. The show just wasn’t for me. I’m a private person,” added Dina, who has appeared on two national reality shows in the past couple of years.

TELL US – THOUGHTS ON THE NEW RULING AGAINST JOE? PLUS WILL YOU MISS DINA ON THE NJ HOUSEWIVES?

Real Housewives of New Jersey

Teresa Giudice Displays Temper In Court, Plus More Courtroom Drama!

by Reality Tea on December 16th, 2010

Teresa Giudice and husband Joe Giudice found themselves yet again in a New Jersey courtroom on Wednesday, and no, it had nothing to do with the bankruptcy fraud charges they are facing, but more to do with Joe’s former business partner accusing him of fraud.

The Real Housewives of New Jersey stars are being sued by Joe’s former business partner Joe Mastropole who accused Joe of forging his signature on a mortgage document in order to take out another loan and keep $1 million for himself.

While in court, the bankruptcy issue came up and Teresa testified that she had no idea her husband Joe was declaring bankruptcy, while also admitting that he forged her name behind her back on court papers detailing their financial woes. Joe’s defense was that everybody does and he didn’t think it was a big deal.

According to the NY Post, Teresa was unhappy about the bankruptcy questions and at one point during her cross examination, she sniped at the judge, “What does my bankruptcy have to do with this?”

It didn’t end there as the Post also reports Teresa was then seen outside of the courtroom arguing with a woman, who she accused of leaking information. RadarOnline adds that the woman Teresa was arguing with was Monica Ciccone, the wife of William Saracino Jr., the lawyer representing Mastropole. While in the courtroom, Teresa reportedly pointed to Monica saying, “You and me gotta talk!”

Then in the hallway, Monica was engaged in a conversation with another person when Teresa interrupted saying adamantly to Monica, “I need to talk to you!” Monica denied her request saying, “I don’t have to talk to you, we both have lawyers,” which reportedly made Teresa irate. She then jumped in Monica’s face, pointing her finger and yelling, “You need to stop telling people my business!”

Monica retorted by calling Teresa a bully. The war of words continued back and forth until Joe pulled Teresa away to get in the elevator. RadarOnline adds that as the doors closed, Joe was overheard saying in frustration, “I’m f**king tired of this TV sh*t!” Interesting.

Some good news though for Teresa. The judge dismissed the fraud charge against her in the case though Joe was not cleared. The judge however added that the dismissal may not fully exonerate Teresa as there still may be a breach of contract issue.

TELL US – WHAT ARE YOUR THOUGHTS ON TERESA’S COURTROOM ANTICS? ALSO DID YOU SEE THE HOUSEWIVES ON BRAVO’S THE FASHION SHOW THIS WEEK? THOUGHTS?

Real Housewives of New Jersey

Bankrupt Teresa Giudice Home Items Up For Private Sale, Minimum Bid $54,405

by Reality Tea on December 7th, 2010

While Teresa Giudice, star of the Real Housewives of New Jersey, was able to escape the humility of a public auction, it seems her home items are still up for sale.

If you recall, Teresa and husband Joe Giudice filed for bankruptcy to the tune of $11 million in debt. Back in July of this year, a judge ordered the Giudices to auction off most of their home items as a means to recoup some money for their debtors. Those items included a grand piano, LCD TV, stainless steel gas range, bedroom furniture, and even her kids’ bedroom sets and toys.

The Giudices’ attorney was however able to get the public auction canceled in October. RadarOnline is now reporting the private sale is underway.

CLICK HERE TO SEE PHOTOS OF TERESA’S HOME ITEMS!

Even more interesting, the Giudices have put in their own minimum bid of $54,405 in hopes of retaining their valuables. Meaning anyone who wishes to own Teresa’s home items would have to pay at least $54,406. So basically Teresa and Joe get to keep their items if the judge approves the price and no other parties outbid them.

Teresa’s attorney James Kridel tells RadarOnline that anyone who puts in an offer would be doing it for the wrong reasons. “In my opinion, it would have to be out of spite or out of ignorance,” he said. “Because whereas my mattress might be worth the replacement cost to me, it’s probably worth almost nothing to someone else, so the real value of it would be ridiculous.”

Mounting legal troubles continue to remain an issue for Teresa and Joe. As we reported last month, the couple is required to stand trial on July 14 & 15, 2011 for charges relating to bankruptcy fraud. They are accused of concealing assets and hiding income in their bankruptcy filing.

A pre-trial has been set for Dec 14th, 2010.

Real Housewives of New Jersey

Teresa Giudice’s Attorney: Overturning Bankruptcy ‘Would Destroy Her Family’ Plus Manzo Brothers Get Bachelor Pad!

by Reality Tea on November 16th, 2010

Days after we reported the news of Teresa Giudice and hubby Joe Giudice having to stand trial for bankruptcy fraud in July, 2011, their attorney is now speaking out on their behalf.

James Kridel, attorney for the Real Housewives of New Jersey stars, will have to prove to the bankruptcy court come 2011 that his clients’ bankruptcy filing is indeed legit and should not be overturned. Roberta DeAngelis, the attorney in the U.S. Trustees Office who evaluated the Giudices’ filing, has recommended that the court not grant their Chapter 7 petition due to fraud. DeAngelis accused the Giudices of concealing assets, hiding income, providing false information to the IRS, etc.

Kridel’s strategy seems to be to avoid the trial all together. “I am going to be sending a letter to the US Trustees Office because I would like to resolve with them their issue rather than have to try it,” Kridel told RadarOnline.

Kridel however claims he isn’t doing this out of fear of losing the case or desperation. “I’m not doing it out of desperation; I’m doing it in their [debtors and US Trustees] best interest. That’s the next step. But ultimately the ball is in their court.”

Kridel also adds that he will argue that his clients “have been punished enough.” Kridel stated, “Instead of just looking at it as ‘Joe Giudice,’ it is a family and to deny a discharge in this case would destroy this family. Some of the family members are clearly not responsible for anything that occurred here.”

Good luck with that Kridel. In other NJ news, RadarOnline is also reporting that Caroline Manzo’s sons – Albie and Chris Manzo – have officially moved out of their mama bear’s cave and into their own bachelor pad!

“The guys decided to get their own place because they are young and good looking and famous,” a source close to the family told Radar. “They get a lot of attention from women. They are growing up and they need their privacy.”

The source adds that Caroline is however having a hard time adjusting to her new empty nest. “Their mom is really sad because she is really close to her sons,” added the insider.

TELL US – WHAT ARE YOUR THOUGHTS ON THE GIUDICES’ ATTORNEY’S COMMENTS AND THE MANZO BOYS MOVING OUT?

Real Housewives of New Jersey

NJ Housewives’ Teresa and Joe Giudice Bankruptcy Fraud Trial Set for July 14, 2011

by Reality Tea on November 11th, 2010

More news to report in the Teresa Giudice bankruptcy saga.

Somehow this news has managed to slip through the cracks, but two days after the Ibuysss blog first broke the story, Reality Tea has uncovered some documents showing that on September 24, 2010, New Jersey Judge Morris Stern ruled that Real Housewives of New Jersey star Teresa and her husband Joe Giudice are required to stand trial on July 14 & 15, 2011 for charges relating to bankruptcy fraud.

The Giudices had tried to get the bankruptcy fraud allegations dismissed. If you recall, Teresa and Joe filed bankruptcy back in October 2009 to the tune of $11 million in debt. Things were working according to plan for the Giudices as Teresa even went on a $60,000 shopping spree just days after filing Chapter 7.

The problems arose however when on 06/30/2010, John W. Sywilok, the Chapter 7 Trustee assigned to oversee the Giudices bankruptcy filing, alleged they had commited bankruptcy fraud by concealing assets and income from their filing. The accusations include -

Failure to report $250,000 (an advance Teresa received from a publishing deal for her book)
Failure to report Joe’s ownership/interest in a Pizza shop
Failure to report a $3,333.33 monthly income
Concealing assets including a bank account of Joe’s, two pieces of real property, vehicles, the ownership of an online boutique called TG Fabulicious
Presenting false income tax returns to the bankruptcy court

From looking at the court documents, tt seems the July, 2011 court date is simply to get a judge to dismiss the Giudices’ Chapter 7 bankruptcy petition because of fraud. If the trustee does suceed in getting the bankruptcy dismissed, the Giudices would then be responsible for their $11 million debt.

We’re no legal experts here at Reality Tea but it is likely criminal charges for lying under oath, IRS fraud, etc will follow if the Giudices are found guilty of commiting bankruptcy fraud as it appears the July 2011 hearing is solely focusing on getting their bankruptcy dismissed, and not so much on the criminal aspect of the serious allegations.

TELL US – WHAT ARE YOUR THOUGHTS ON THE LATEST DEVELOPMENTS? IF THE GIUDICES DID LIE IN THEIR FILING, DO THEY DESERVE TO GO TO JAIL?

Hot Posts,Real Housewives of New Jersey

NJ Housewife Teresa Giudice Discusses Cheating Allegations, Not Leaving Housewives

by Reality Tea on November 9th, 2010

“Alright for the record, Life&Style=garbage, RadarOnline=flies who eat poop off of garbage. You will all see the truth when Season 3 airs. xx.”

Above is what Teresa Giudice had to say about media outlets RadarOnline for reporting that she and hubby Joe Giudice started a brawl at her nephew’s christening, and Life & Style magazine for doing a cover story alleging Joe was cheating on her.

Appearing in the latest issue of In Touch magazine, the Real Housewives of New Jersey star attempts to put an end to the cheating rumors that continue to plague her marriage.

Teresa adamantly denies all the cheating reports and says she isn’t even giving any of it a second thought. “I know my husband – I’m not covering for him,” she insists. “If I knew he cheated on me, I would leave the guy in two seconds.”

As for how’s she’s so certain, Teresa adds, “You get that feeling when you have a boyfriend, fiance, whatever – you get a feeling when it’s not right. By the way they act, and the way they interact with you, you can just tell.”

Teresa does admit however that the constant reports have changed the way she and Joe live their lives as they are both now very careful in their actions when they go out. “I was at a bar [with girlfriends] and some guy asked me to dance,” Teresa shares. “I said no, because I knew that if I dance with him, it would be all over the papers.”

She also states that Joe no longer likes to go to clubs without her because “if a female fan comes up to him and takes a picture with him, it will be all over the place. People will think he’s on a date.”

Things are so great with Teresa and Joe that they are even considering trying for baby #5! “If you ask my husband, I’m sure he would want to have more,” Teresa says. “I did go to a psychic once, and she said I was going to have five. You never know!”

And finally, Teresa confirms to the mag that she has no intention of leaving the Housewives series. She also denies there is any trouble in her friendship with co-star Caroline Manzo, despite multiple reports stating otherwise.

TELL US – WHAT ARE YOUR THOUGHTS ON TERESA’S INTERVIEW? IS SHE RIGHT IN STANDING BY JOE?

Real Housewives of New Jersey

Report: NJ Housewives’ Joe Giudice Cheated On Wife Teresa Giudice

by Reality Tea on October 27th, 2010

We reported two days ago that Joe Giudice started a brawl by punching his brother-in-law at the Christening ceremony of his wife Teresa’s nephew, well it now seems there might have been good reason for Joe’s misplaced anger.

Teresa Giudice, star of the Real Housewives of New Jersey, graces this week’s issue of Life & Style magazine under the title, “Betrayed By Her Man.” The magazine cover (a bigger photo is below) goes on to state: ‘Teresa’s Sleazy Husband Caught With Another Woman.’

According to Life & Style, Joe has been leading a secret, double life – filled with regular visits to strip clubs. A former dancer at the Showoffs strip club in West Orange, NJ tells the mag that Joe was a regular at the strip club before it was closed down in 2006 amid accusations of prostitution.

“He was always up for a lap dance,” reveals the insider. “There was a lot of hanky-panky that went down in the club’s basement… If you had money, you could get pretty up close and personal with the strippers.”

Joe was also allegedly a regular at another NJ bar called the Latin Bar. A source says “there was one particular waitress Joe really liked there.” The insider recalls, “She was from the Dominican Republic, about 5 feet tall with big breasts and long, dark hair. Joe would always make sure that wherever he was, he could be back in Paterson on a Friday night so he could see her.”

And finally, Life & Style reports that Joe developed a very close relationship with a “young female staffer” who wasn’t “qualified” for the job back at his former real estate development office. Sources reveal that Joe called his upstairs office the “boom boom room,” and that when he tried to give away his couch, no one would take it.

When contacted by the magazine for a comment, Teresa maintains that her marriage is strong. “I have a great husband,” she tells Life & Style. “I wake up every morning and I’m like, ‘Thank you, God.'”

Magazines usually contact their story subjects to get their statement on the story they’re doing about before the issue hits the press, so there’s a good chance Joe and Teresa knew this story was coming days ago.

More details about Joe’s alleged sleazy ways in the latest issue of Life & Style magazine. The cover photo is below.

TELL US – DO YOU BELIEVE THESE STORIES ABOUT JOE?

Real Housewives of New Jersey