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‘Housewives’ Stars Plead Guilty, Prison Likely

The couple faced several mortgage and bankruptcy fraud charges.

Teresa and Joe Giudice leave federal court in Newark on Tuesday, March 4, 2014. (AP Photo/Rich Schultz)
Teresa and Joe Giudice leave federal court in Newark on Tuesday, March 4, 2014. (AP Photo/Rich Schultz)

"The Real Housewives of New Jersey" stars Joe and Teresa Giudice are expected to spend time behind bars following their guilty plea Tuesday.

The Towaco C-listers accepted a plea deal last week and pleaded guilty to several mortgage and bankruptcy fraud charges in a Newark court Tuesday morning, according U.S. Attorney Paul J. Fishman.

Sentencing will occur at a later date. 

Teresa, 41, will face less than two years in prison and Joe, 43, will serve a minimum of three years, according to The Record.

“Teresa and Giuseppe Giudice used deception and fraud to cheat banks, bankruptcy court and the IRS,” said Fishman. “With their guilty pleas, they admitted the schemes with which they were charged. Having now confessed their wrongdoing, the Giudices face the real cost of their criminal conduct.”

The Giudices each pleaded guilty to one count of conspiracy to commit mail and wire fraud, one count of bankruptcy fraud by concealment of assets, one count of bankruptcy fraud by false oaths, and one count of bankruptcy fraud by false declarations. Joe also pleaded guilty to one count of failure to file a tax return, according to Fishman.

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Moira March 08, 2014 at 09:29 AM
I bet Theresa isn't on Andy's left at the next reunion.
eyes wide shut March 08, 2014 at 11:00 AM
@JOSEPH G MATTERAMarch 05, 2014 at 05:15 AM how come the bitch gets less than 2 years; and husband gets minimum of 3 years; another reason why I despise women............. Do you despise ALL women?? But you make a point.. Look at how much the infamous Leona Helmsley beat the govnt out of and she ONLY got 18 months.
Mariea March 10, 2014 at 02:02 PM
I HOPE THERESA AND JOE DON'T GET ANY JAIL TIME...........THINK OF THE CHILDREN. THEY HAVE BEEN PUNISHED ENOUGH BECAUSE OF THE BAD CHOICES THEIR PARENTS MADE............ ORRR DOES THIS ALL HAVE TO DO WITH ITALIANS AND JERSEY?
NJarhead March 10, 2014 at 02:43 PM
It has to do with crime. We don't let criminals off because they have children at home. They screwed their kids, not the courts. The rest of your post isn't worth addressing.
jp1 March 10, 2014 at 02:43 PM
Mariea, where are your brains these two idiots chose to break the law and did not think of of there children .Send them to jail and then deport the convicted felon.

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