Today, "Real Housewives of New Jersey," stars Teresa Giudice and hubby Joe showed up at a New Jersey court to answer to yesterday's indictment on federal fraud charges.
"Today is a most difficult day for our family," Giudice tweeted yesterday after the news broke. "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. Thank you all for your kind wishes, prayers, and support."
Yesterday, it was announced that the Giudices conspired to illegally obtain mortgages and other loans from multiple banks by intentionally overestimating their incomes in order to get more money, according to the U.S. Attorney.
The couple has allegedly withheld vital information about their net worth from a U.S. bankruptcy trustee after filing for Chapter 7 in 2009. The information withheld included Teresa's true income from "Real Housewives."
Her husband Joe is also accused of failing to file income tax returns from 2004-2008, during which he made an estimated $1 million. Additionally, they were charged with conspiracy to commit mail and wire fraud, which could result in a maximum prison sentence of 20 years. The bank fraud could result in up to 30 years. Yikes!
Joe and Teresa were quickly freed on $500,000 bond each, and had to surrender their passports, and are also not allowed to travel outside of New Jersey and New York. They did not enter pleas.
Teresa Giudice's attorney, Henry Klingeman, said she would plead not guilty. Joe, who is not a U.S. citizen, could be deported back to Italy, according to USA Today.