Teresa And Joe Giudice Indictment [VIDEO] $50,000 Pool Plans Are Terminated For The Real Housewives Of New Jersey Couple! No More Lavish Spending As Prosecutors Try to Prove Fraud Charges[REPORT}

Teresa and Jow Giudice are cutting their spending in light of their financial fraud charges. The first spending cut is their $50,000 pool that Teresa and joe had been planning to build in their backyard.

Teresa and Joe used to lavishly spend their money with no boundaries on The Real Housewives of New Jersey. Teresa Giudice was filmed countless times shopping with her children spending thousands of dollars per trip and paying with hundred dollar bills.

Now the Guidice couple is spending less money on lavish things and more money on lawyers.

Considering that the prosecutors are trying to build a case that Teresa and Joe do a lot of unnecessary spending, it's probably a good idea for Giudices to skip the swimming pool and shopping sprees for a while.

Teresa and Joe Giudice, who star in "The Real Housewives of New Jersey", were arrested a few weeks ago on fraud counts.

The couple is set to go to trial on October 8 for 39 counts of federal fraud.

The Giudices were charged with a whopping 39 counts. They included bank fraud, bankruptcy fraud, and conspiracy to commit mail and wire fraud. Joe is also accused of failing to file tax returns for 2004 through 2008.

Joe Giudice, whose real first name is Giuseppe, is an Italian citizen. Thus, he could face deportation if he is convicted.

The Giudices, who live in Montville Township, N.J., are facing charges of exaggerating their income while applying for loans before their reality TV show debuted.

The duo also had their travel restricted to New Jersey and New York and had to surrender their passports.

The pattern of alleged fraud may have lasted a decade, ," U.S. Attorney Paul Fishman said.

"They're serious charges," he said.

 "They are alleged to have made false statements to the bankruptcy court and the banks that lent them money," Fishman told press.

They also failed to file tax returns from 2004-2008.

In a statement, Teresa Giudice discussed the charges.

"I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me," she said. "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."

Teresa and Joe Giudice are causing problems for Bravo. Since Joe and Teresa are accused of financial fraud, producers of The Real Housewives of New Jersey are being forced to submit all footage of their show.

Prosecutors have asked Bravo to hand over hours of unaired footage from "The Real Housewives of New Jersey' which includes hundreds hours of Joe and Teresa Giudice committing their crimes.

"For every hour that airs, there are more than 20 hours of unedited footage," a source said. "They shoot for three months and end up using only the footage that fits into the story line they want to focus on. The network is not happy," says our source. Everyone is asking if 'Housewives' ruined Teresa. The real question is, will Teresa ruin 'Housewives'?"

Bravo executives are debating the future of "The Real Housewives of New Jersey," on which Teresa is the focal point of the drama. The bad publicity by Teresa and husband Joe has been a nuisance for the Network.

 

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