Teresa And Joe Giudice Fraud Update [VIDEO] 2 More Charges For Real Houswewives Of New Jersey Stars---Denies Lying About Being A Realtor In Court

Joe And Teresa Giudice fraud update: Add two more fraud charges to their already staggering 39! The 2 new bank fraud charges stem from allegations they filed a false application to get a $361k mortgage loan.

Teresa Giudice claimed on the loan that she was employed as a realtor making $15k per month but officials say, Teresa was "not employed outside the home at the time." Teresa plead not guilty to the two new charges on Wednesday. These two new fraud charges look very cut and dry. Did Teresa have a real estate license? NO. So..guilty! Call me crazy but teh RHONJ stars are in real trouble. 

Nancy Grace agrees and says Joe and Teresa should not have messed with the feds and their money. When the HLN host was asked what she thought would happen with Teresa and Joe Guidice and their fraud charges, Nancy said:

"I think they were in it together and you know what? You can get away with shoplifting, maybe stealing a car but don't mess with the feds when it comes to money. Never mess with the tax man. Never mess with the feds alright? They have no mercy. I predict they're going down. Much as Martha Stewart was used I think they will be used as an example to other people."

Nancy Grace was absolutely positive that Joe is going to prison and surprisingly was sure that Teresa was 'going down' too sating that Teresa is  just as guilty as her husband. The RHONJ couple are to arrive in court in February to face their sentence on the fraud charges.  

In case you didn't know, Teresa and her husband Joe Giudice are facing a multitude of very serious charges which can result in a 50 year prison sentence each.

Below is a summary of their charges:

1) Mail Fraud and Wire Fraud: The indictment states that between 2001-2008, using the U.S. mail, private carriers and wire communications, they defrauded 7 different banks and mortgage lenders.

2) Bank Fraud: The indictment states 5 banks were defrauded by submitting applications with false tax returns, pay stubs, and W-2s that gave false salaries and income. In total they stole $4.5 million from various banks.

3) Loan Application Fraud: For making false statements in those bank loan applications

4) Bankruptcy Fraud: Concealment, False Oaths, False Declarations. These are 22 different counts alone. In essence, they lied to the BK courts (under oath) about their finances and they knowingly filed false documents to conceal their income. That's perjury. Tre & Joe never withdrew their bankruptcy, the courts denied their petition on suspicion of fraud.

5) Failure to Make Tax Returns: These counts are all against Joe, and claim he didn't file tax returns from 2004-2008.

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

Joe Giudice, 43, was released on a $500,000 bond secured by his father, Frank. Teresa Giudice, 41, was released on a $500,000 unsecured bond.

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.

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."

On Watch What Heppens Live Teresa adds that "I can't fall apart. I have my daughters. They mean the world to me." For the sake of their daughters, we hope the outcome is positive.