Teresa Giudice Allowed To 'Remain Spokesperson Of Youthful8' Though Accused Of 39 Counts Of Fraud And Being Scrutinized By Prosecutors

Teresa Giuidce is allowed to remain the spokesperson of Youthfu8, the Milania Collecion Haircare brand, though she is Accused Of 39 Counts Of Fraud And Being Scrutinized By Prosecutors

Owner and CEO Jerel James Sabella told RadarOnline about Teresa Giudice and the future of their parnership:

"Teresa and I met last week in New York to discuss her future with Youthful8 ,The Milania Collection hair care brand."

"Obviously, Teresa has been in the headlines over the past few weeks due to legal issues, and I wanted to allow her some time to assess the situation and see how these issues could, or would, affect her role with the company before making any decisions."

"We understand the serious nature of the charges," he added. "But we will leave it to the U.S. court system to decide the outcome based on facts and not speculation ..."

"We are in the professional hair care business and Teresa, during her time with us, has professionally supported all initiatives. Teresa will continue to work with us as a spokesperson for Youthful8 - The Milania Collection."

The Giudices were charged with a whopping 39 counts of fraud. 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.

Giudice, 41, and her husband, Joe, 43, were charged in July with exaggerating their income while applying for loans before the 2009 debut of their Bravo TV show, while hiding significant assets and income during a two-year bankruptcy proceeding.

Joe Giudice was also accused of failing to file federal tax returns from 2004 to 2008, according to federal prosecutors, who say he earned roughly $1 million during that time frame.

The couple entered not guilty pleas in August.

If convicted on the multiple fraud charges, each of the Giudices could serve more than 50 years in prison and be forced to pay more than $600,000 in fines.

Both remain free on $500,000 unsecured appearance bonds.

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."