They apparently exaggerated their income before they found fame and then tried to hide it after it landed on the doorstep of their illustrious mansion in Montville Township, N.J. They’ve filed bankruptcy on $10 million debt. A mother of four daughters — Audriana, Gia, Gabriella and Milania — Teresa, 41, said in a statement, “Today is a most difficult day for our family. I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me. I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career. As a result, I am hopeful that we will resolve this matter with the government as quickly as possible.”
Sounds like she’s passing the blame to Joe? Catch this dirt. In 2001, Teresa filed for a mortgage loan of $121,000, allegedly making a false claim that she worked as an executive assistant, submitting a fake W-2 form and fake paystubs as part of the scheme.
Joe, 43, is further accused of failing to file income tax returns for the years 2004-2008, when he allegedly earned $1 million.
“Everyone has an obligation to tell the truth when dealing with the courts, paying their taxes and applying for loans or mortgages,” U.S. Attorney Paul Fishman said. “That’s reality.”