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Teresa Giudice and Joe Giudice walked hand-in-hand this morning into a Newark, New Jersey courtroom to answer charges levied against them yesterday by a federal prosecutor.

The reality stars are facing the possibility of 50 years in prison for counts that range from mail and bank fraud to lying about their income when applying for bankruptcy.

Witnesses tell Us Weekly that Teresa and Joe were “very solemn” throughout the hearing, looking “professional” as they appeared before Judge Cathy Waldor.

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As for the results of the mandatory court date?

  • The Giudice are each free on $500,000 bail.
  • They have to forfeit their passports and are restricted to travel in New York and New Jersey.
  • Joe, who is actually not a U.S. citizen, will be subjected to drug testing.
  • These Real Housewives of New Jersey stars are now scheduled to be arraigned in federal court in New Jersey on August 14.

Will they go to jail for 50 years? We highly doubt it.

But are they in legitimate legal trouble? Oh yes.