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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

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1.

Lindsay Lohan's Drug Dealer    

Even these losers will be considered 'celebrities'.... I predict no jail time.

397 days ago
2.

Boogeyman    

good

397 days ago
3.

lynda    

If this was me or the average joe our asses would be in jail. They won't see a day of jail.

397 days ago
4.

Toilethead    

They should put the producers of that show in prison for fifty years.

397 days ago
5.

Simone    

Couldn't happen to a nicer set of weasels than these two disgusting pieces of trash.

.

And boy is KARMA going to come calling on Joe's rear end when he's incarcerated.

397 days ago
6.

spliffsmommy    

hmmmm.....thats why she was all gung ho to make nice-nice with her brother and melissa...s hits about to hit the fan..i wonder if she will screech in jail? and will he pitch or catch?

397 days ago
7.

All Heart    

I wonder if this means they won't foul my TV any more or if it means their trial will be turned into a reality show and we'll never be rid of them.

397 days ago
8.

larry fine    

Chris Christie will pardon them

397 days ago
9.

Jo    

Karma is a bitch......

397 days ago
10.

DaDa    

This is why this country is going to junk. It shows others to overextend and overspend, act like an idiot, and you'll be famous! People follow idiots like this and don't want to work anymore.

397 days ago
11.

Ashley     

Ghetto trash living above their means....
Bottom feeder.....

397 days ago
12.

lafreak    

Poor Theresa, she stated that she would "never" use a toilet that's been used by other people.....Im guessing the Jersey jails don't have new ****ters so she will be literally full of sh*t!

397 days ago
13.

Ashley     

Fake Staten Island people poor but run around acting rich.......
Racist disgusting guidos, men with shape up eye brows......you guys suck!!!

397 days ago
14.

backfire    

Check out the list of huge stars making millions that do worse.

397 days ago
15.

lts    

Excellent. About time these posers were acknowledged for what they are. Still, the 39 charges are just so they will plead on 1 or 2. Probably very little if any time will be served.

397 days ago
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments

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