Teresa And Joe Giudice Fraud Update [VIDEO REPORT] Real Houswives of New Jersey Stars Plead GUILTY To Prosecutors Guaranteeing Jail Time And Possible Deportation--Is Punishment Enough?
Teresa And Joe Giudice Fraud Update: Facing double digit years in jail, Joe and Teresa Giudice took a plea deal and plead guilty to their fraud charges today. The guilty plea is a huge turn of events in the fraud charges as Teresa and Joe have been adamant that they are not guilty for their charges. Their sentencing for 41 counts of fraud will now take place on July 8th. The sentencing will be much lighter than had Teresa and her hubby take the fraud case to trial and lost.
The prosecutors made them make the plea in a 'package deal' meaning Joe and Teresa would both have to make the same plea together. Now that Teresa and Joe have plead guilty, jail time is very likely for the Real Housewives Of New Jersey stars. Teresa will most likely receive around 27 months in prison while Joe Giudice will get 5 years in jail. But these numbers are just hypotheses as the courts can make up their punishments as they see fit to a staggering 41 counts of fraud. But if both the Guidices are sent to prison, the courts might take pity on the RHONJ pair and stagger their jail times so Teresa or Joe will be able to parent their children one at a time.
Teresa and Joe plead guilty to several counts of bankruptcy fraud, conspiracy to commit mail fraud and wire fraud, and failing to pay taxes. The deal could be a smart move for the Real Housewives of New Jersey stars settling for a much lower sentencing then if they faught the fraud charges in court. Joe Giudice, who isn't a US citizen, faces deportation after his jail time is up. Juicy Joe claims before the fraud charges he didn't even realize he was an Italian citizen and never got his correct paper work in the states. LOL! Is Joe Giudice, the mastermind behind countless fraud charges as cluesless as wife Teresa?
The couple are parents to daughters Gia, 13, Gabriella, 11, Milania, 9, and Audriana, 5 who are completely innocent in their parents mess.
"Today I took responsibility for a series of mistakes I made several years ago...I am heartbroken that this is affecting my family. Especially my four young daughters, who mean more to me than anything in the world," Teresa Giudice said in a public statement read by her lawyer after the Newark hearing.
The letter continued, "Beyond this, I do not intend to speak specifically about the case outside of court, at the recommendation of my attorney and out of deference to the government and our legal system."
When countless media outlets covered the huge turn of events, people of all walks of life were outraged at the small punishment that would have been much more severe without the help of big time lawyers. The commiting so many crimes while on TV with 4 small children in the home and people believe they are common thieves that should be held just as accountable as regular folks.
I would like to repost the comments I found most interesting:
-The both of them are so dumb it's really laughable. They really think they deserve to live the life of luxury without working for it. He's an ignorant zip who belongs in Italy. He comes here living high on the hog, pays no taxes, drives drunk and then tries to get a false drivers license. Is this guy a moron or what? He deserves the book thrown at him. He thinks he's too smart for everyone. She's an idiot for believing in this idiot. Juicy Joe is gonna be real juicy for his inmates.
-Both of these losers could stand a good dose of humility - a nice stretch behind bars would be a great start."
-Why waste taxpayer dollars by sending him to Prison as he should be put on the next Air Italia Flight and send him back to Italy
-poor parenting, no discipline, no direction.....just oooogobs of entitlement, maxed out credit cards, rewarding for having done nothing to earn it.....and mp too much exposure into adult matters that children, especially the older daughter should never have been privvy to. That was too much for any child. She was put in the middle of adult disfunction and made to take sides which was really hard to watch. Not enough instruction on how the honor system works, and that working hard and having a purpose in life beyond shopping for things you cannot afford is how you get things in life. Not being handed everything without working for it. shame on them.
-"Having now confessed their wrongdoing, the Giudices face the real cost of their criminal conduct," said U.S. Attorney Paul Fishman.
-they admitted submitting fraudulent mortgage and loan applications and fabricating tax returns and W-2 forms.
-Both pleaded guilty to conspiracy to commit mail and wire fraud and three types of bankruptcy fraud. Joe Giudice also pleaded guilty to failing to file a tax return for 2004, though he acknowledged he didn't file taxes on income of approximately $1 million between 2004 and 2008.
-"I will describe the choices I made, continue to take responsibility for my decisions and express my remorse to Judge Salas and the public," she wrote. "I am heartbroken that this is affecting my family - especially my four young daughters, who mean more to me than anything in the world."
-Interesting that they both insisted they were not guilty all this time. Great role models for their children.
-Yet, through it all, Teresa plays the victim. "My poor family"....what about all of the other people you've hurt? Are you heartbroken for them? When you're overstuffing your closets with designer clothes, driving luxury cars, going on vacations and the people that you've shorted are struggling to buy necessities, do you think about that?
Please tell me your comments below. We are very interested in your thoughts. Don't be shy!