Real Housewives of New Jersey stars Teresa Giudice and Joe Giudice have been 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, RumorFix has confirmed.
The feisty reality star and her husband were slapped with a 39-count indictment returned by a federal grand jury in New Jersey on Monday.
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.
According to documents obtained by RumorFix, the couple allegedly lied about their income to get $4.6 million in loans from 2005-2008.
“The indictment returned today alleges the Guidices lied to the bankruptcy court, to the IRS and to a number of banks,” U.S. Attorney Paul 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.”
If convicted, Teresa could go to prison for 50 years.