Teresa And Joe Giudice Fraud Update [VIDEO] Real Housewives Of New Jersey Stars Take ANOTHER Ski Trip Despite Legal Troubles Doling Out MORE Money Obtained Illegally
Teresa And Joe Giudice Fraud Update: Teresa Giudice takes another laviah ski trip despite her huge fraud trial coming up in April and spending money that was obtained by commiting fraud. Though the Instagram photos don't show Joe Guidice, he may just be on the black diamonds while all of the Giudice women ski the easy green circles. Should Teresa and Joe Giudice be home preparing for their fraud trial or should they be enjoying as much quality time with their family as possible before the Real Housewives Of New Jersey stars could both be sent to prison for fraud?
The highly anticipated fraud trial starts in two months and until then it seems Teresa plans to make the best of her freedom. Soon the only pictures Teresa will have with the family could be ones inside a jail cell wearing an orange jumpsuits. No fancy clothes or expensive family vacations for Teresa and Joe come April! Rather then dwell on their fraud trial and grim future, it's good to see Teresa using her time wisely with he children. But do they have to post pictures of them flaunting their wealth? Can't Teresa and her family just spend time together without having to spend so much cash considering their charges?
Ski Trips are more expensive than almost any other types of holidays, but that hasn't stop Teresa and Giudice from spoiling their family. The travel cost, renting skis and boots, purchasing heavy clothes and the cost of using the mountain can add up to crazy money that Joe and Teresa Giudice no longer have! And this is their second ski trip in the last three months. It's unfair, but either way Teresa went down the mountains while her children and all seemed to be in denial of any legal fraud problems her and Joe will soon face.
Below is a summary of their Joe and Teresa's serious fraud 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.
6) Teresa signed false loan application claiming she was a real estate broker earning $50,000 per month.
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 an official 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."
Do you think it's okay for Teresa to be taking a lavish trip?