Teresa Giudice, Husband Indicted on 39 Criminal Charges; Face 50 Years in Jail

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Teresa Giudice and her husband are in major trouble with the law.

U.S. Attorney Paul J. Fishman announced today a 39-count indictment against The Real Housewives of New Jersey couple, alleging that the Giudices defrauded the IRS and a number of banks over an seven-year period that started in 2001.

Teresa Giudice, Husband Pic

According to the legal filings, Teresa and Joe schemed to illegally obtain mortgages and other loans from various banks by purposely overestimating their incomes in order to garner more cash.

As previously reported, the reality stars then withheld key information about their net worth when they filed for bankruptcy in 2009.

Joe, meanwhile, is accused of failing to file income tax returns for all the years between 2004 and 2008, despite supposedly banking $1 million during that time.

Overall, the charges levied against this couple include:

  • Conspiracy to commit mail and wire fraud, which carries a maximum prison sentence of 20 years.
  • Bank fraud, which carries a maximum of 30 years.

TMZ reached out to Bravo for comment, but the network is yet to address the situation.

Yikes.

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They all be okay

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I wish them luck. Everyone makes mistakes

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I wish them luck

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THESE ARE WHAT IS CALLED "MORANO" JEWS .... OF COURSE REAL ITALIANS ARE WHITE AND BLONDE ... DUH JUST TURN ON FOAX ..... AND OF COURSE JEWS ARE ALWAYS IN TROUBLE ......

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They will probably get off with slaps on the wrists and a scolding like every other bad-ass "celebrity" but maybe Karma will be a bitch just like Teresa.

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I once read somewhere that Teresa Giudice and that idiot husband of hers have double-crossed and screwed-over so many people over the years (including members of their own family). And, as for the possibility of that ugly-ass Teresa and her idiot husband Joe facing 50 years (or more) in jail...that's a truly excellent start!!!!! LOL!!!!!

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Awww facing the reality that they created. Boo hoo!!

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Oh but it isn't her fault! It never is! She is probably blaming BRAVO, her sister-in-law, her brother, any number of other housewives, or her publishing company...just to name a few. What goes around comes around. I don't wish ill will on anyone, but more likely than not, they will get out of it.....people like that always do. It's just all a big misunderstanding.....right..lol

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Feel bad for their kids, but otherwise...GOOD! What comes around goes around people. All they have ever cared about is money, possessions, and square footage. I hope they get a wake up call about what's really important in life. Maybe being away from their kids will do that.