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Real Housewives of New Jersey Gossip

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?

Real Housewives of New Jersey fans will finally get to see Teresa Giudice and Caroline Manzo butt heads on tonight’s season 3 finale which was taped this Spring.

On the finale, Caroline will discover the diss not so kind words Teresa wrote about her in the Fabulicious cookbook. As we reported last week, Caroline as well as Jacqueline Laurita are no longer on speaking terms with Teresa, and we can now bring you the exact reasons!

While things reached a boiling point during the Posche Fashion Show two weeks ago when Teresa reportedly plotted to expose Melissa Gorga as a past stripper, a RHONJ insider tells us Caroline and Jacqueline had stopped talking to Teresa before that event.

The reason? The two have had it with her after seeing her true colors. “They have seen the real Teresa through this last season with Melissa. Melissa is very close with Jacqueline and Caroline,” reveals the insider.

CLICK HERE TO SEE PHOTOS FROM THE POSCHE FASHION SHOW!

While Joe Gorga’s screaming match with Kim D. at the Posche fashion show has been widely reported, our insider adds that Jacqueline and Teresa also got into a big fight that night. In fact the two former BFFs will be seen getting into A LOT of fights on the upcoming 4th season which is still filming at the moment.

Another reason for the tension between Caroline/Jacqueline and Teresa also has to do with Teresa’s many business ventures. Apparently, Teresa has been stepping on Jacqueline and Caroline’s toes by entering into businesses she knew they were planning to do.

“Teresa knew what Jacqueline and Caroline were working on as far as business deals and Teresa went behind their backs and copied what they were doing…. in other words she stole their ideas to make money,” said the insider. Yikes!

Our source adds that Caroline and Jacqueline are absolutely done with Teresa! “Jacqueline and Caroline think Teresa is a liar, vindictive, and so into the fame that she doesn’t care about anything anymore. Teresa will sabotage anyone to remain relevant.”

And while Melissa Gorga and Kathy Wakile have been diplomatic with their recent public comments about Teresa, our NJ insider reveals that she continues to remain friendless as none of her RHONJ cast members attended the party to launch her Fabellini wine on Friday night.

“None of the other women, their husbands, or children were in attendance. Not one cast member was present. She has burned every bridge she had,” says the insider. “Dina Manzo was there for less than an hour. None of Teresa’s “friends” were there. It was all family and the Bravo crew.”

Also in attendance was Teresa’s brother-in-law Pete Giudice and his wife Sheila Giudice. It has been rumored that Bravo is considering bringing Sheila on for season five.

Our insider adds that Sheila, who isn’t a fan of Teresa’s, is desperate to be on the show and has now switched her alliance from Team Melissa to Team Teresa! With the reports of Caroline and Jacqueline leaving the show after season 4, it will be interesting to see if Bravo decides to bring Sheila on.

Moving on to tonight’s finale/the 19th episode this season, below is a preview clip –

Watch What Happens Live – The guests tonight are Melissa Gorga and Jay Mohr! Shoould be a good one!

Photos credit: Dave Kotinsky/Davekotinsky.com

TELL US – THOUGHTS ON THE REASONS CAROLINE & JACQUELINE ARE NO LONGER TALKING TO TERESA? THOUGHTS ON TONIGHT’S FINALE?

UPDATE – As seen in the above preview clip, Caroline is not only ticked at what Teresa wrote about her in the cookbook but at also what Teresa wrote about her son Christopher Manzo. Below is what Teresa said about Chris via two excerpts from her cookbook -

“This is a family cookbook! Unlike some of the other “Housewives,” I do not condone young girls stripping to bring in business to a car wash, old ladies in hot pants climbing up on a pole to bring their sexy back, or videotaping yourself in any state of undress at any time. “

“That’s how it is with us Italians… We spoil our kids rotten, so much that they never want to leave home. Albie and Christopher Manzo are adorable, but don’t let them fool you. Their “L” in “GTL” (Gym-Tanning-Laundry) is “Leave it for Mom.” That’s just how it is, and how we moms like it.”


Bringing you an all new photo post of the Real Housewives of New Jersey as the cast attended the New Jersey Fashion & Beauty Week 2011 at the Pleasantdale Chateau on October 3, 2011 in West Orange, New Jersey.

As we reported days ago, Teresa Giudice was not in attendance as she is currently on the outs with the cast. Below are more photos of the RHONJ cast including Caroline Manzo, Jacqueline Laurita, Kathy Wakile and her family, plus Melissa Gorga and hubby Joe!

Meanwhile, based on the previews by Bravo for the upcoming RHONJ finale, it appears most fans will finally get to see the showdown between Caroiline and Teresa that they have been waiting for.

And of course it all has do to with Teresa taking not so subtle digs at her Caroline in her cookbook Fabulicious. We reported back in May that Teresa took some shots at her sis-in-law Melissa in the same book (Really — who takes shots at people in a cookbook?). Well apparently, Teresa didn’t end with Melissa.

In the excerpt posted below, Teresa disses Caroline’s Italian background or lack there off when she states: “I am, however, a huge fan of Caroline Manzo. (Even if she’s only 1/16 Italian, or whatever she is …).” Wowzers. Below is the full excerpt from Tre’s book -

“I can’t help it. Every time I sit down to write this intro to my Italian Family Cookbook, two things keep popping into my head: that cheesy Olive Garden commercial, “When you’re here, you’re family”; and what I said about Caroline Manzo when she insulted my meatballs on the Rachael Ray show: “Caroline’s as Italian as the Olive Garden.

If you read Skinny Italian, you know I’m not a huge fan of Olive Garden because it takes traditional healthy Italian dishes and turns them into heart-clogging servings of ungodly proportions. (Forget Jersey Shore, it’s the Olive Garden that gives us Italians a bad name!) I am, however, a huge fan of Caroline Manzo. (Even if she’s only 1/16 Italian, or whatever she is …)”

With digs like that, it’s no wonder Teresa now finds herself friendless! Teresa, who apparently sees herself as a victim, also took to her Bravo blog this week to fire back at her costars, mostly Jacqueline who called her “scum” during a recent twitter rant.

Below is an excerpt from Tre’s blog -

“As for the craziness on Twitter, I don’t think it’s a very healthy place to be right now (I just can’t take anyone who’s suddenly friends again with Kim G. seriously, sorry!), so I’m going to slowly slip out of it, and maybe take a little break for a while. I have a big project I have to work on, and I want to spend every other second with my family. Don’t worry, I’ll be back!”

Teresa has yet to begin that twitter break as she has been tweeting up a storm since she posted that blog. Even more interesting, a source told UsWeekly that Teresa has a “ghostwriter” for her Bravo blogs!

Below is another excerpt from Tre’s blog about her costars from the most recent episode of the show -

“I will say I didn’t like everything they showed of course. The whole time we were filming, I had no idea what other people were saying about me. I just assumed they were all my friends. That’s why you see me dancing around and trying to have fun in Punta Cana. It’s not until I watch the shows that I see all four of the other ladies having a go at me. On the show, I might talk about a certain incident and how I felt about it, but I don’t talk about personalities or their kids or how they spend their money, or how smart I think they are… I say, “She pissed me off, but I’m not going to let it bother me.” Cut to everyone else: “Teresa can’t be reasoned with, Teresa was dropped on her head as a baby,” all about my “character flaws” and how I didn’t “grow up,” how I’m “cuckoo.” I had no idea they were bashing me like that. Although, tell you the truth, even if I did, I wouldn’t do it back. I’m just not like that. It’s not fun to watch though.”

The drama never ends! More photos from the NJ Fashion & Beauty Event below!

CLICK THE CONTINUE READING BUTTON TO SEE THE REST OF THE PHOTOS!

The never ending drama involving the Real Housewives of New Jersey rages on off camera.

The latest is a new report by Huffington Post columnist Rob Shuter which states Bravo is planning on firing both Caroline Manzo and Jacqueline Laurita once filming ends on the 4th season. Err didn’t Jacqueline quit already?

According to the report, the network is tired of the ladies and their lack of drama! “Jacqueline and Caroline were told months ago that they wouldn’t be returning for a fifth Season if they didn’t bring the drama,” a network insider reveals. “This season has been dominated by Melissa [Gorga] and Teresa [Giudice] drama and season four, that they are filming right now, is going to be no different.”

The source adds that the Caroline — aka the voice of reason — has refused to get overly dramatic on the new season. And as for Jacqueline, she is in need of a storyline on season 4 after daughter Ashley Holmes decided to move to L.A. and is no longer filming.

“Producers have been showing all the ladies private footage of what they have all been saying behind each others’ backs hoping to bring Jacqueline and Caroline into the drama,” an insider says. “But so far, they have kept their cool on camera and saved the drama for Twitter, not TV.”

Hours after the Huffington Post story came out, the Bravo network released a carefully worded statement which pretty much only confirmed Jacqueline and Caroline would be returning for season 4. Below is Bravo’s statement on the issue -

“Bravo is not firing anyone from The Real Housewives of New Jersey. This is completely inaccurate from sources who are unreliable and making up rumors. All five cast members will be featured on season four. No decisions have been made about season five at this time.”

While Caroline’s return might still be up in the air, it’s pretty much all but certain that Jacqueline is dunzo after season 4. As we reported, Jacqueline made good on her threat last week by choosing to skip the reunion — a major no-no. A report by the Hollywood Reporter is now stating that decision by Jacqueline has landed her in hot water with Bravo.

A source tells THR that Jacqueline “is currently waiting to see how Bravo will penalize her for skipping the Season 3 reunion and not fulfilling her contract.”

In fact, the Huffington Post adds that Bravo even sent for Jacqueline on the day of the reunion taping. “Jacqueline refused to come out of her house the day of the reunion taping,” states an insider. “Bravo’s car sat in the driveway all day and she just refused to leave her home even if it meant she was violating her contract.”

Even worse for Jacqueline, she is also in trouble with the network over her tweets about Teresa from the weekend. If you recall, Jacqueline called Teresa “scum” during a twitter rant. “She revealed a significant amount of a plot line [that] has not yet aired,” a Bravo insider told the New York Daily News. Bravo “is not happy — even if she was upset,” says the source. “There are rules. She knows that.”

It will be interesting to see how this all plays out. In the meantime, Teresa Giudice continues to be on the outs with her castmates. A week after sources confirmed to Reality Tea that she was indeed in on the set-up to try to expose Melissa Gorga as a past stripper (she was never a stripper), Teresa was absent from the NJ Fashion and Beauty event that took place Monday night. In attendance were all of her costars.

Our RHONJ source, who also attended the event, tells us the remainder of the cast is no longer on speaking terms with Tre. “None of the cast is even speaking to her, including her brother,” says our insider. “Everyone seems to know that Teresa was totally behind the whole thing. Funny thing is, she looks like the bad guy! Everyone is laughing about just how desperate she is to sabotage Melissa.”

Our source also adds that Teresa, who is planning a launch party for her Fabellini wine on October 7, is now struggling to find guests who will show up as none of her castmates are planning to attend the event. “She is telling everyone she ever remotely knows since she lost all her friends,” says our source adding that guests are being encouraged to “bring a friend or 2″ as “she needs people there for the filming.”

Below is the cheap cheesy invite to Teresa’s event as provided to us by our insider.

For the time being, the RHONJ cast has three weeks of filming left for season 4. No word yet on when Bravo plans to air the new season.

TELL US – THOUGHTS ON THE LATEST? SHOULD BRAVO FIRE CAROLINE AND JACQUELINE? DO YOU FEEL BAD FOR A ‘FRIENDLESS’ TERESA?

None of the cast is even speaking to her, including her brother. The ladies all looked beautiful and were having a great time together. Jonathan Cheban was also there with the ladies. He tweeted a funny picture with Melissa pretending to throw dollar bills at her. Everyone seems to know that Teresa was totally behind the whole thing. Funny thing is, she looks like the bad guy! Everyone is laughing about just how desperate she is to sabotage Melissa.

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