Things over at The Real Housewives of New Jersey are getting really real.
Teresa and Joe Giudice are being charged in a conspiracy to defraud lenders and illegally obtain mortgages and other loans as well as allegedly hiding assets and income during a bankruptcy case, as announced by U.S. Attorney Paul J. Fishman this afternoon.
According to a press release, Teresa, 41, and Joe, 43, are charged with conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud in a 39-count indictment returned today by a federal grand jury. The indictment also charges Joe with failure to file tax returns for tax years 2004 through 2008, during which time he allegedly earned nearly $1 million.
“The indictment returned today alleges the Giudices 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 and her family have starred on the hit Bravo series The Real Housewives of New Jersey since 2009. The couple has been married since 2001 and they have four daughters together.
Shantelle P. Kitchen, Special Agent in Charge, IRS- Criminal Investigation, Newark Field Office, does not plan on letting the couple off easy.
“The privilege of living well in the United States carries certain real responsibilities, including filing tax returns when required and paying the correct amount of tax”, she said, and added. “Today’s indictment alleges the Giudices did not live up to their responsibilities by failing to file tax returns, falsifying loan applications and concealing assets in their bankruptcy petition. The reality is that this type of criminal conduct will not go undetected and individuals who engage in this type of financial fraud should know they will be held accountable.”