NEWARK, New Jersey (PIX11) – Reality star Teresa Giudice may want to get in touch with the producers at bio’s ‘Women Behind Bars’ after she and her husband Joe were indicted on federal charges of bank and bankruptcy fraud.
The ‘Real Housewives of New Jersey’ couple, who live in Montville Township, N.J., face 39 counts that include: conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud.
Giuseppe “Joe” Giudice, 43, is also charged with failure to file tax returns between 2004 and 2008, years he allegedly earned $1 million. Both face up to 50 years in prison if they are convicted on all charges.
The couple are accused of lying about their income to lenders while applying for loans before the reality show’s first episode in 2009, then, in that same year, hiding businesses and rental property income during their bankruptcy case.
“The indictment returned today alleges the Guidices lied to the bankruptcy court, to the IRS and to a number of banks,” U.S. Attorney Fishman said. “Everyone has an obligation to tell the truth when dealing with the courts, paying their taxes and applying for loans or mortgages. That’s reality.”
Teresa Giudice, 41, responded to the indictment through a statement from her lawyer:
“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.”