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Teresa Giudice Fraud Case

Teresa and Joe Guidice plead guilty in Federal Court in NJ

Joe and Teresa Giudice are due for sentencing in Federal Court in New Jersey tomorrow, October 2nd.  So far the sentencing is happening as scheduled, but that doesn’t mean there won’t be any last minute delays.  Stranger things have happened.  But, while we all wait for the Real Housewives of New Jersey stars’ fate, lets make our best guesses about how things might go down tomorrow. 

We’ve drawn up several polls for you to cast your vote on everything from how much prison time (if any) to whether Teresa will continue with reality TV after it’s all over. 

Teresa and Joe Giudice

Reset those countdown clocks on your computers and phones because Joe and Teresa Giudice’s sentencing date has rescheduled to October 2nd! 

The Real Housewives of New Jersey stars were set to the face a Federal Judge for sentencing in their fraud case on September 23rd, but today it was announced that the date was moved again – by nine more days.  U.S. District Judge Esther Salas’ office postponed the case to October 2, 2014. 

There wasn’t a reason given for the change in date, but I’m sure that hammering out the final details of their sentencing is no easy task. 

Teresa and Joe Guidice plead guilty in Federal Court in NJ

The court system never fails to boggle my mind.  Yesterday Teresa Giudice and Joe Giudice faced the judge to plead guilty to charges of fraud.  The Real Housewives of New Jersey stars pled guilty to a miniscule amount of charges out of the 41 total that they were facing and their jail time could be short and sweet, depending on the judge's mood come July. 

The Giudice's plea deals hit the court site yesterday and Tamara Tattles broke it down in simple terms.  We've got some of the highlights for you, but for the full read, see TT! 

Teresa's terms.  First, she's pleading guilty to only 4 of the 41 charges she was indicted on.  The feds agree in the plea deal to agree to drop charges 2-14, 16-21 and 26-35.   The counts that stand are as follows:

Count 1: Conspiracy to commit mail and wire fraud -  Max 20 years/ $250K Fine
Count 15 : Bankruptcy Fraud- Concealment  – Max 5 years./ $250K Fine
Count 23 : Bankruptcy  Fraud- False Oaths  -  Max 5 years./ $250K Fine
Count 36: Failure to make a Tax Return -  Max 5 years./ $250K Fine

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Teresa and Joe Guidice plead guilty in Federal Court in NJ

Teresa and Joe Giudice pled guilty in federal court today to their fraud charges as part of a plea deal with the prosecution.  They'll be sentenced on July 8th and the judge will determine how much time they spend in prison, but it looks like both will definitely serve time. 

Teresa released a statement to InTouch about the events today and says she won't be speaking further about the case:  "Today, I took responsibility for a series of mistakes I made several years ago. I have said throughout that I respect the legal process and thus I intend to address the Court directly at sentencing. I will describe the choices I made, continue to take responsibility for my decisions, and express my remorse to Judge Salas and the public."   

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