Teresa & Joe Giudice

“Real Housewives of New Jersey” stars Joe and Teresa Giudice just got one heck of a reality check. As you may recall, Giuseppe “Joe” and Teresa were indicted for financial fraud by a federal grand jury on Monday, July 30. The reality stars first appeared in court in August 2013, where they were accused of committing 39 counts of financial fraud including defrauding the IRS and several banks between 2001 and 2008 and were facing a reported 50-year prison sentence.

Joe Giudice was also separately charged with falsely obtaining a license in another state and failing to file taxes from 2004 to 2008 on nearly $1 million of income. Giudice could be deported, as he never became a U.S. citizen after he arrived in the states at the age of 1, with his parents.

Among their crimes, the duo were accused of submitting fraudulent mortgage and other loan applications, including making false statements, conspiracy to commit mail and wire fraud, bank fraud, and bankruptcy fraud.

It was on Oct. 1 at 10 a.m. EST, that the reality couple faced the music when they appeared before U.S. District Court Judge Esther Salas.

After reviewing the “glaring omissions” from the Giudice’s financial disclosure forms, including cars, construction equipment, home furnishings, insurance policies and other items, Judge Esther Salas sided with the federal prosecutor who argued that the nondisclosure and discrepancies made by the couple were a clear part of a “pattern of deception, dishonesty and concealment.” A concealment which was intentional.

More than three hours later, Joe Giudice was sentenced. The former pizza parlor owner is set to serve 41 months in jail as well as ordered to pay $414,588.90 in restitution fees to Wells Fargo and another $10,000 to the government.

Just before his sentencing, Giuseppe “Joe” stood before the court and made a brief statement saying “I stand here humiliated before the court and my family and society. I disgraced many people, including my wife and four daughters. I take full responsibility for my actions. I promise to be a better person,” he said.

Teresa received a sentence of 15 months.

Together, Joe, 43, and Teresa, 42, are parents to Gia, 13, Gabriella, 9, Milania, 8, and Audriana, 5. It is because of their children that it is believed that Mrs. Giudice received a lesser sentence.

R. Hawkins

Humble with a hint of Muhammad Ali...

  • sue

    Well they should of thought about their 4 daughters before they did this. Now the girls have to go over a year without either parent and I am sure that Joe will to deported after serving his sentence.

    • butterbeanbabe

      they may not deport him since he has kids on this soil .. he may just get probation and fines .he has payed taxes before and is considered resident status they are harder to deport

  • butterbeanbabe

    BREAKING NEWS .. the truth about these reality shows is they are all fake , and all the people who come on there would not be in jail if they had not come on these shows exposing all thier business , the irs is monitoring every dime they get . you cant hide nothing , and these so called wealthy people were never wealthy til they realize the character on the show … THEY COULD NOT PARTRAY .. UNLESS YOU THIEVING AND LIEING TO PLAY THE PART .. APOLLO WOULD NOT HAVE GOTTEN CAUGHT IF HE HAD not been on house wives show trying to be seen as big rich man .. . HANGING out with rappers and people with money around la ..mean time spend money he didnt have .. . he was dippping in phedras house money for them to make it on ,then wen she come down on him he resulted to the streets .. instead of finding a job .

    i think its unfair that the NETWORKS LIKE BRAVO .. didnt pay the husbands for their appearnances which was a set up .. if your on tv your a brand period . no wonder peter went down hill lost all that business .and candy inveested wisely with hers plus she writes music she is the only one and kenya who has talent period … peter and the rest have to suck money out the wives to get anywhere and apolllo is locked up cause it was not flying with him .. . tereas i feel for cause she just wanted a better life and got to greedy . her husband is a nice guy he got caught up thats it ..

    you cant be on tv doing all kinds of shit .. not saying they were right for it but they made a hugh mistake air all thier laundry