Last week, reports surfaced thatJoe & Teresa Giudice’s New Jersey “mansion” was going into foreclosure, and this week things are looking even worse for the convicted felons of Real Housewives of New Jersey. According to Vicky Hyman at NJ.com, “The canal-front beach house on the Jersey Shore owned by Teresa and Joe Giudice will be auctioned May 19 by the Ocean County Sheriff’s office.” Officials say, “Bidding for the five-bedroom, two-bath home will start at $100 and increase in increments of $1,000.” That’s a just a bit lower than the $347,000 the Giudices paid for the Manahawkin home in 2005.
NJ.com also reports that Teresa and Joe currently have not one, not two, but THREE mortgages out on their Jersey Shore home. “They tried to sell it last year for $315,000, just before their fraud sentencing,” the website said. That didn’t pan out, apparently. “The foreclosure proceeding was initiated by America’s Servicing Company, which holds the first mortgage on the home,” they add.
Federal prosecutors are attempting to block Teresa Giudice's primary defense tactic to be tried separately from her husband Joe Giudice. Teresa and Joe's reasoning behind the petition for separate trials is a clause known as "marital privilege" which states spouses are not required to tell incriminating information against each other. Prosecutors argue that any voluntary testimony disbands that right.
In a 47 page memorandum presented to the judge on Wednesday, prosecutors argued against the Real Housewives of New Jersey stars' attempt for separate trials, stating: “Teresa and [Joe] appear to share the hope that each may have a better chance of acquittal in a separate trial … This, however, is not sufficient basis to sever two defendants charged as participants in the same conspiracy and fraudulent scheme.”
If you recall, the Giudices' alleged defense scheme is to make Joe take the fall by claiming Teresa didn't know what she was signing. Joe maintains that he wants a separate trial so he can testify in support of this notion that he was the "brains" (HAHAHAHAHA) behind the schemes while Teresa was an innocent victim.
Case in point? Rosie has been tapped to co-host the red carpet pre-show for the American Music Awards with none other than Lance Bass on November 24th. At last week's nominations ceremony, Rosie put in her two cents about the mounting legal woes faced by Teresa Giudice and husband (and Rosie sidekick) Juicy.