Teresa Giudice may put up an excellent façade for the cameras, but behind closed doors things are apparently falling apart.
For those who missed it, life began unraveling for the Real Housewives of New Jersey star when she and her husband, Joe Giudice, were indicted on fraud charges last summer.
The 39-count indictment included charges for conspiracy to commit mail fraud and wire fraud, bank fraud, making false statements on loan applications, and bankruptcy fraud in a 39-count indictment. Court documentation also purported that Joe was also charged with failure to complete tax returns for 2004 through 2008. Investigative reports have revealed that the couple owes more than an estimated $13 million in debt. Then, if that isn’t bad enough, now the couple faces yet another issue – the possibility of losing their home.
According to Radar Online, the Giudices may be forced to sell their home. An inside source close to the publication has revealed that the couple’s money tree has basically lost all of its branches.
“Teresa has hardly any income coming in because of her guilty plea in the federal fraud and conspiracy case,” a source told the publication. “If it weren’t for the money she’s made from Real Housewives of New Jersey, she would be in serious financial trouble right now.”
The source went on to further explain that the 41-year-old reality TV star’s other business ventures just aren’t making the ends meet. Its getting much more difficult to maintain the wealthy lifestyle the famed family has grown accustomed to.
“Her book sales have been very low, and Teresa hasn’t been offered any gigs for paid promotional appearances either,” the source continued. “It’s a foregone conclusion, Teresa absolutely will have to sell her beloved New Jersey mansion. She’s terrified she could end up homeless.”
Then, to add insult to injury, Teresa faces up to 27 months in prison, while Joe could be sentenced to 46 months.
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