Real Housewives Indictment: Teresa Giudice And Husband Charged With Fraud

Husband and wife team, Joe and Teresa Giudice, were charged today with alleged conspiracy to defraud lenders and receive mortgages illegally. The charges arose against the couple during the course of a bankruptcy case. They are famous for starring together in the T V show, The Real Housewives of New Jersey.

A federal grand jury returned an indictment on 39 counts of conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud. ABC news has seen a copy of the indictment which also accused Joe Giudice of failing to file tax returns for the years 2004 to 2008. It is alleged that he earned almost $1 million during this period.

The couple filed for bankruptcy in 2009 saying that they owed $10 million which they were unable to pay.

Henry Klingeman, Teresa Guidice’s lawyer, told ABC News that she will plead not guilty. “The judicial process that begins today with an indictment is a search for the truth,” he said. “As it moves forward, we look forward to vindicating her.”

Teresa Giudice declared:

“Today is a most difficult day for our family. I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me.” She continued: “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.”

Joe Giudice has been represented by attorney Miles Feinstein in the past. However, N.J., Feinstein’s office in Clifton, could not yet say if Feinstein would represent him in this particular case.

Shortly after the bankruptcy filing, Teresa Giudice told The View that the Guidices were forced into bankruptcy. The main reason was that the tenants at her husband’s four apartment buildings in East Orange, N.J., were having difficulty paying the rent due to the difficult economic situation.

Teresa Giudice said that her husband simply got caught up in the lawsuit that arose regarding his properties and the debts they created. She said their problems only came from the properties,
She added that he was caught up in this lawsuit because of the properties.”It’s all in the buildings,” she said.

The Real Housewives stars, Teresa Guidice and her husband, made an initial court appearance to respond to the indictment on Tuesday at 10 a.m. ET in Newark, N.J., federal court.