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Teresa Giudice Fraud

Teresa and Joe Giudice arrive at a federal court

This week Teresa Giudice and Joe Giudice finally faced the inevitable and pled guilty for their 41 counts of federal fraud charges. Teresa has expressed her shame for what this has done to her daughters and vowed not to speak publicly about the matter again. Until Barbara Walters or Oprah comes a'callin' I'm sure! 

Faced with an insurmountable indictment, the Real Housewives of New Jersey star is subject to a sentence of 21 – 27 months but Judge Esther Salas has the final say in just how long – if any – Teresa will serve in prison. Perhaps Joe may just be headed to the slammer solo! Teresa's attorney explained to People that Teresa has a strategy for convincing the Judge why she should be permitted to remain a free lady. 

"Teresa's plan is to explain to the court both how she ended up in this mess to begin with as well as how she has made a life for herself and the girls that will see them through it," her lawyer Henry Klingeman revealed. "We have the right to ask for probation and we are going to." 

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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 Giudice arrive at a federal court

Today is the big day!  Teresa Giudice and Joe Giudice just arrived at federal court this morning to plead guilty as part of a plea deal with the prosecutors in their federal fraud case. 

Until we hear the final verdicts of what happened inside this morning, here are the photos of the Real Housewives of New Jersey stars arriving to court just a bit ago to hold us over.  Stay tuned…

Updated Again:  The couple pled guilty in front of the judge this morning with a simple "yes, your honor" when asked if this is how they wished to plead.  Their sentencing will be on July 8th!

From NewJersey.com:  Under the plea agreements Joe "could be sentenced to a minimum of three years but less than four years in prison."  and Teresa "would face a term within the range of 21 to 27 months."    Teresa's attorney reserved the right to ask the judge for a sentence below the guidelines range based on family circumstances and her minimal role in the fraud.  The Judge is not obligated to accept the plea deal's sentencing!

Under their plea agreements, Joe Giudice, 43, could be sentenced to a minimum of three years but less than four years in prison, while Teresa Giudice, 41, would face a term within the range of 21 to 27 months.

Her attorney, Henry E. Klingeman, however, reserved the right to ask the judge for a sentence below the guidelines range based on family circumstances — the couple has four daughters — and her minimal role.

U.S. District Judge Esther Salas set sentencing for July 8. She is not obligated to accept the sentencing parameters agreed upon in the plea deal.

- See more at: http://www.northjersey.com/arts_entertainment/Real_Housewives_Teresa_Joe_Giudice_plead_guilty.html#sthash.QR1zOeok.dpuf

Under their plea agreements, Joe Giudice, 43, could be sentenced to a minimum of three years but less than four years in prison, while Teresa Giudice, 41, would face a term within the range of 21 to 27 months.

Her attorney, Henry E. Klingeman, however, reserved the right to ask the judge for a sentence below the guidelines range based on family circumstances — the couple has four daughters — and her minimal role.

U.S. District Judge Esther Salas set sentencing for July 8. She is not obligated to accept the sentencing parameters agreed upon in the plea deal.

- See more at: http://www.northjersey.com/arts_entertainment/Real_Housewives_Teresa_Joe_Giudice_plead_guilty.html#sthash.QR1zOeok.dpuf

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teresa-giudice-abc-news

In case you haven't heard Teresa Giudice and Joe Giudice are in big time trouble and face a mounting 41-count federal indictment for several different types of fraud. 

In light of her legal woes, the Real Housewives of New Jersey star, whose troubles will be featured on the upcoming season, insists she's staying strong and trying to make the best of a bad situation for the time being. “I can’t just be upset and crawl up in a ball and just go in a room and —  and lock the door.  I can’t.  I’m a mom.  I have four daughters,” Teresa tells ABC News

Teresa does admit that it's hard to get through the day, however, and in private she is falling apart. "I would be lying to say I didn’t, you know, that’s not happening,” she shares. The hardest part, she says, is "my kids going through this." Should have thought of that BEFORE, you know, lying and defrauding! "I'm a role model for them," Teresa explains. A role model of what NOT to do!  

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Joe Teresa Giudice

Strike one against the Giudices!

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. 

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teresa giudice

With all the legal disasters currently populating Teresa Giudice's life at least one thing is going in her favor – she won't have to move her kids out of the marble remnants tackery she refers to as home. Whew! 

A bankruptcy court recently ruled that the Real Housewives of New Jersey star will not have sell her home to repay debts. Radar Online discovered court documents pertaining to the case where the trustee of Teresa and Joe Giudice's home filed a motion on December 23, 2013 for the Giudices to "abandon" their home because it's of “inconsequential value” to their estate. 

Translation: it would be too difficult for the trustee and the state to handle the sale of such a garish property so it's worth more in the Giudice's hands (with them presumably paying property taxes and a mortgage) that it is being sold outright to pay off old debts since it would not generate enough money to make a significant dent. 

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The Giudices arrive at Federal Court to face new charges

Teresa Giudice is having like the worst year in the history of bad years. I would say things can only get better but with her federal fraud trial scheduled to begin in February 2014, I don't believe that's true!

This week Teresa and husband Joe Giudice were charged with an additional two indictments for Bank Fraud and Loan Application Fraud, bringing the total number of charges to a whopping 41! FORTY-ONE counts, people! FORTY-ONE. Seriously – I am still in disbelief about the 39 original counts, my brain can't handle more! #CheckMyCharges

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'The Real Housewives of New Jersey' stars Joe and Teresa Giudice have pleaded not guilty to federal fraud charges.

Oops, she did it again!  Teresa Giudice and husband Joe are now being indicted for a total of 41 counts of fraud.  The feds have added two NEW counts to the current charges! 

The authorities shared today that the two additional counts are related to a $361,000 mortgage loan that Teresa took out in July of 2005.  Teresa claimed on the loan application that she was employed as a realtor making $15,000 per month.  But the fact is that Teresa wasn't even employed outside the home at the time!

Teresa's attorney says she will plead not guilty to these new charges as well.  “As she did with respect to the allegations contained in the original Indictment, Teresa intends to plead ‘not guilty’ to the allegations in the new indictment. She looks forward to defending herself. … Beyond that, we will answer all of the charges in court, not out.”

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