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'Real Housewives' Stars

Facing 50+ Years in Prison

For Money Fraud

7/29/2013 1:00 PM PDT BY TMZ STAFF
breaking news

0729_joe_tara_giudice_01
"Real Housewives of New Jersey" stars Teresa Giudice and her husband Joe have just been slapped with a laundry list of criminal charges -- ranging from bank fraud to tax evasion -- and now, they both face more than 50 years in prison if convicted.

U.S. Attorney Paul J. Fishman just announced the 39-count indictment, claiming Teresa and her hubby massively defrauded the IRS as well as several banks between 2001-2008.

According to the U.S. Attorney, the Giudices conspired to illegally obtain mortgages and other loans from multiple banks by intentionally overestimating their incomes in order to get more money.

The Giudices also allegedly withheld vital information about their net worth from a U.S. bankruptcy trustee after filing for Chapter 7 in 2009 -- including Teresa's true income from the reality show.

As for tax evasion, Joe is accused of failing to file income tax returns for the years 2004-2008, during which he allegedly earned $1 million.

All told, the Giudices were hit with 39 charges -- including conspiracy to commit mail and wire fraud, which carries a max prison sentence of 20 years, and bank fraud, which carries a max of 30 years. The remaining charges carry the possibility of even more prison time.

Neither Teresa nor Joe has been arrested, but they're both due in court Tuesday morning in Jersey.

A rep for Bravo had no comment.

293 COMMENTS

No Avatar
31.

NE1    

holy sh*t. Bravo needs to fire them.

417 days ago
32.

pkjones    

This is what Melissa and every one else on that show has been trying to tell us.

417 days ago
33.

LordGobblecock    

Oops. if she goes to prison for a few years I think her eyebrows and hairline will finally merge into one big werewolf mess.

417 days ago
34.

bjay    

Prostitution who-wa.

417 days ago
35.

Dr. Cornelia J. Dogbarker PhD    

Enjoy prison, you disgusting thieving ass holes.

417 days ago
36.

Tiffany G.    

Wesley Snipes AND Lauren Hill went to jail for less charges...these no names are not getting off without jail.

417 days ago
37.

mustang2006    

HA HA. now that's funny.

417 days ago
38.

Susanlsmith    

Throw the book at them ....I'm tired of celebrities getting a free pass

417 days ago
39.

my 2 cents    

Where are the copies of the do***ents

417 days ago
40.

Jen    

Buh bye bitch.

417 days ago
41.

Los Pepes    

Entertainment for mental midgets

417 days ago
42.

Dan Frederiksen    

Their last name is literally plural of Guido :)

417 days ago
43.

AMY D    

Holy crap!! Crazy eyes!!!

417 days ago
44.

Mikey    

Don't forget Joe was arrested for fraudulently obtaining a drivers license using his bothers birth certificate after loosing his license for drunk driving. On top of all this he's cheating on his wife, but she won't do anything about it cause it might screw up the show. Teresa's own bother calls her s***.

417 days ago
45.

Mike44090    

We all now that this is Melissa and Jacqueline's fault...... somehow... just give Teresa some time to think of how.

417 days ago
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