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'Real Housewives' Teresa, Joe Giudice Indicted on Fraud Charges

Reality television stars could face up to 50 years in prison.

Teresa Giudice and her husband, Giuseppe "Joe" Giudice, star on the Bravo television show "The Real Housewives of New Jersey." Photo by Getty
Teresa Giudice and her husband, Giuseppe "Joe" Giudice, star on the Bravo television show "The Real Housewives of New Jersey." Photo by Getty
Two cast members of "The Real Housewives of New Jersey" found themselves in real trouble with federal authorities Monday when they were indicted on allegations they defrauded lenders, illegally obtained mortgages and hid assets and income during a bankruptcy proceeding, U.S. Attorney Paul Fishman announced.

Teresa Giudice and husband Giuseppe "Joe" Giudice were indicted on 39 counts by a federal grand jury, Fishman said. Additionally, Giuseppe Giudice was charged with failure to file tax returns for income received between 2004 and 2008, during which time he allegedly earned approximately $1 million.

If convicted on the multiple charges, the Giudices could serve more than 50 years in prison each and be forced to pay more than $600,000 in fines. Teresa Giudice's attorney, Henry Klingeman of Newark, said she plans to plead not guilty. Giuseppe Giudice's attorney, Miles Feinstein, was not immediately available for comment.

“The privilege of living well in the United States carries certain real responsibilities, including filing tax returns when required and paying the correct amount of tax,” Shantelle P. Kitchen, special agent in charge of the IRS-Criminal Investigation Newark Field Office, said. 

“Today’s indictment alleges the Giudices did not live up to their responsibilities by failing to file tax returns, falsifying loan applications and concealing assets in their bankruptcy petition." 

Teresa Giudice, 41, and Giuseppe Giudice, 43, both Towaco residents, submitted fraudulent mortgage and loan applications to lenders from September 2001 to September 2008, according to Fishman. On the applications, the Giudices indicated that they were employed and making substantial salaries, when they were not, Fishman said. 

In September 2001, Teresa Giudice applied for a $121,500 mortgage loan and indicated on the application that she was working as an executive assistant, Fishman said. She submitted fake W-2 forms and pay stubs, acting as if they were from her employer, and she and her husband also used false information on bank loan applications, according to Fishman.

Teresa Giudice issued a statement through Klingeman.

“Today is a most difficult day for our family. 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."

Monday's indictment also included charges of bankruptcy fraud, as related to the 2009 bankruptcy filing by the Giudices. The couple filed for Chapter 7 bankruptcy in October 2009, and later filed for several amendments to their filing, Fishman said. As part of the claim, the Giudices were required to claim all incomes and assets, but Fishman said Teresa Giudice failed to claim her true income from the Bravo television show "The Real Housewives of New Jersey" and that she and Giuseppe Giudice did not claim businesses they owned.

“The indictment returned today alleges the Guidices lied to the bankruptcy court, to the IRS and to a number of banks,” Fishman said. “Everyone has an obligation to tell the truth when dealing with the courts, paying their taxes and applying for loans or mortgages. That’s reality.” 

Giuseppe Giudice is currently awaiting trial on separate charges that he used a fraudulent ID to obtain a driver's license from the New Jersey Department of Motor Vehicles while his was suspended following a DWI arrest.

Klingeman said he will work to bring justice to Teresa Giudice.

“Teresa will plead 'not guilty,'" he said. "The judicial process that begins today with an indictment is a search for the truth.  As it moves forward, we look forward to vindicating her.”
Dead Hoffa July 30, 2013 at 09:06 PM
I have a lack of tolerance for people who don't pay their bills and fill out bogus paperwork to hoodwink financial institutions.....yes, that makes them different than me... For you to defend these sub species, leaves me little doubt you are of the same lack of moral fiber and decency.....
DD July 30, 2013 at 09:08 PM
Defend? I'm stating facts. This must be a confusing concept for you, basing opinions on fact. I don't care about these people. I care about the system, and am deeply concerned that people around me are so quick to judge. Talk about a lack of decency. An ellipses has only 3 periods, BTW.
MC July 31, 2013 at 08:04 AM
I always wondered how these people could afford to take limos to dinner and have make up artists come to their homes to go out to lunch. All they ever exhibited was wasteful outrageous spending. I have watched the show and have not seen any of them perform one charitable act or exhibit any kindness to others. Now we know how they afforded that lifestyle, by lying, cheating, committing and not paying their fair share of taxes. Theresa was worried that her parents would become ill because Melissa failed to visit her father-in-law the same day he was hospitalized? I guess the prospect of going to jail for 50 years will not upset her parents. As far as their children, shame on Theresa and Joe for ruining their lives as well. If the charges are accurate, Theresa should be severely punished. If she was worried about her daughters not having their mother, she should have lived an honest life and applied her own makeup like the rest of us taxpaying citizens. By the way DD, who do you think supported their lifestyles? Our tax money did as well as bank loans and bank fraud effects all of us as well. Everyone pays the price for bank losses and stricter methods for loans. Money does not grow on trees.
Alfreddie July 31, 2013 at 09:12 AM
WE ALL pay for their lifestyle when they paid outrageous sums of CASH for furniture that they probably did NOT pay any income taxes on. We are all impacted by people who default on their loans, people who build outrageous homes that no one can afford to maintain. We pay for Joe when he is drunk driving and risking the lives of others in this community. There are many of us who pay all of our taxes and we do not drive drunk and we do not set an example of punching and screaming at family members for our children. I am speaking out of sincere concern that there are serious indications that these folks are destructive members of this community, taking advantage of the hard working people who do live responsibly (although we all are imperfect in some ways, myself included... most of us try very, very hard not to break the law and to be contributing members of society) and we are all paying for their actions... We will also pay big time for their jail time. I only wish they were stopped sooner, so this could have been corrected earlier. So sad that they thought they could get away with it. Hopefully it's a good lesson for those who think it's OK to do things like they did.
James P. Page July 31, 2013 at 09:23 AM
Andy Cohen must not be happy with this...
DD July 31, 2013 at 12:04 PM
Why would Cohen not be happy? This is free advertising. All of you people are talking about the show. The Patch can't stop talking about it. This a business, and business is very good for Mr. Cohen.
Peggy Garbers August 01, 2013 at 09:07 PM
The Federal Prosecutor has a 90% conviction history. There is a good reason for that. They make very sure they have all the evidence before they indict. I hope he is successful again this time. These people are crooks. Bravo seems to be protecting them and this is wrong.
DD August 02, 2013 at 12:13 AM
How is Bravo protecting them?
Moms Thoughts August 02, 2013 at 08:00 AM
DD Teresa was released on unsecured bail. Joe's father paid his 10%. If you think what they have alleged to have done doesn't hurt any one you are very wrong. When they don't pay taxes (and enjoy the benefit of those taxes) we all pay their share. When they defraud banks (and if banks fail) we all paid to bail out banks - and now good, honest, hard working people can't get loans and interest rates rise. When they don't pay creditors to the tune of $11 mil. those creditors suffer, businesses close, people are laid off, they default on their loans, interest rates go up, unemployment claims go up...we all pay for it. When people defraud the government (we, the people) or businesses - we all pay for it. While they live large and enjoy all the benefit and laugh at the "little people" paying their big bills. NOW add in the cost of the investigations, the cost of prosecuting them and the cost of incarceration. IF TRUE, they are a huge drain on the hard working people of this state and the country. I don't know about you, but I have enough of my own bills to pay, I really don't like having to pay someone else's bills and taxes. Why do you think all these things are CRIMES? They are not victimless. We are all the victims of these crimes. And, not for nothing...it does appear to be a pattern of behavior - a lifestyle for them. If true.
Patricia Cubas August 02, 2013 at 12:31 PM
Moms Thoughts - I agree with you 200%! For anyone who sides with them, let them pay extra interest points when they apply for loans. They defrauded the government, acted poorly towards their cast members/family & they lived the highlife on everyone elses' dime by taking out these fradulent loans.
BooBooBear August 02, 2013 at 06:14 PM
When will the rest of the ball of yarn be unravelled?? ALL those people on the RHONJ should be audited by the Feds. Where does ALL this money come from??? Feds will be busy, this is just the beginning of the inditments. WHY go on TV and flaunt all your "wealth" if you stole and scammed it ALL? Was it worth it?
Ann Kaye August 07, 2013 at 06:03 PM
Just wondering? Did Joe get his license back? Legally that is? I have seen him driving around town. I thought he had not gone to trial for it till Oct.2013?
MC August 07, 2013 at 06:26 PM
Was he running errands or returning from the Hamptons with Theresa after she finished shopping at a trunk show as reported in the NY Post? Hope she purchased some more one of a kind dresses for trial with matching Chanel bags. I guess their total combined wardrobe on their bankruptcy filing of $3,000 was running low.
Kelly August 07, 2013 at 06:47 PM
I laughed at every mom and dad who was excited to meet or see them in town. What stupid people. They all are trying to save face now and run away! They have embarrassed their children forever and for what??? At the end of the day, these two broke losers will have paid hundreds of thousands of dollars in Lawyer fees, huge fine's to the government, forfeiture of all their illegally and legally obtained homes, cars and businesses, all back-taxes PLUS interest and lose any monies they would have made while they were in Jail. Yes, both will go to jail for years, not months. This guy had a reputation for stealing and scamming people in his construction business. Then we find out that he really is a glorified handyman. Fake's and phony's. Now the egg is on their face and these idiots are still posting pictures of themselves on Twitter. I hope the judge and jury is watching!
Mrs. Smith August 09, 2013 at 10:12 AM
You may not like the Giudices, I have nothing against them but right now I think the most despicable person in town is the guy who defrauded his own parents out of $1.3 million dollars. HE should get Andy's Jackhole of the week award!
Peggy Garbers August 09, 2013 at 10:23 AM
When you declare bankruptcy, as these have 3 times, goods you have purchased are not paid for to merchant. When taxes are not paid, we all find higher tax rates, when banks are defrauded they find new ways for all of us to pay that deficit. It is also reported in several places that the work done by Joe's construction company was horrible so that took money away from people and paid for him to live high on the hog. I am wondering whey he kept his Italian citizenship unless New Jersey has suddenly become part of Italy. How can you not say these people lived on other peoples money and cheated all of us who pay our bills and taxes as the law dictates?
Peggy Garbers August 09, 2013 at 10:29 AM
Hey there DD We are not talking about debt here. We are talking about theft. We have laws in this country for a really good reason. We are not a Lasai Faire society and if we were, these people would still be thieves. The federal prosecutors are not frivolous when they decide to indict. They are pretty busy people and have no time for nonsense. That is why they convict in 90% of their cases. Must be something to that.
MC August 09, 2013 at 10:42 AM
Mrs. Smith, as awful as it is defrauding your own parents out of money, I have a bulletin for you, that is not going to cost me or any other taxpayer one nickel. Obviously, you must be one of the Guidice's friends. The conduct by your friends, Joe and Theresa, is so disgraceful it is incomparable to anything. They continue to thumb their noses at everyone. Vacation in the Hamptons? Driving without a license? Ripping off Sandy victims? Not ever becoming a US citizen? I guess the right to vote is irrelevant just the right to not pay taxes is what is important and to defraud your own partner by forging his name on a $300,000 loan. Nice people. Loved the phone call he was on in Napa with his grunting and groaning. He was talking to his "worker"? Funny, he made the same disgusting noises on a recent episode when he was in the bathtub with his wife. What a wonderful example they have set for their 4 daughters. It would be even more disgraceful if they BOTH are not punished. Did you read the indictment on line? I doubt it. Not rocket science to see the lies upon lies to rip banks off for millions of dollars. Maybe Mrs. Smith should marshal their public relations and advise them to stop shopping with our money. I do wonder when Andy Cohen will step up and do the right thing.
Kelly August 09, 2013 at 11:21 AM
They are a disgrace to Montville and to any other community. They never belonged here to begin with. Scam artists, both of them.
EMG August 09, 2013 at 12:20 PM
^^Because Montville is such an upstanding community.....
Kelly August 09, 2013 at 01:42 PM
No EMG, they don't belong in any community, if you finished reading my sentence. They have led a criminal past right before our eyes on TV. I think it's obvious that both have no class and only came to Montville to compete against her brother and sister. This woman only takes about how "beautiful, lovely, pretty" her daughters are...not how "smart" they are. She is vain, greedy and steals monies from hardworking people. Advertising any town on that stupid housewives show disparages those that actually live in the community.
Mrs. Smith August 09, 2013 at 04:51 PM
MS - my my my you assume too much. I am not friends with them, I simply stated that they are not the worst people here in Montville - in my opinion. Although it appears that you know many more details of their lives. More than I care to even find out. I still think someone who rips off their own parents is more disgusting. He's also a financial advisor with Lincoln - wonder how many of his clients have also been ripped off by him. Time and forensic accounting will tell. You should really research things before you go running your mouth or in this case your fingertips - the guy who defrauded his parents will certainly cost us $. He has already taken up the courts time and when he goes to jail, we will be paying for his 3 squares a day as well as medical care. If his family can't make ends meet without his income (I'm also thinking some of his assets may be siezed) they may have to draw on some social services like food stamps. Yes, he, like every other criminal will cost you and I money somehow.
EMG August 09, 2013 at 05:04 PM
@Elizabeth, yes I did finish reading your sentence and my comment was in regards to your second sentence "They never belonged here to begin with" - as if Montville is such an exclusive town of top notch people - all you have to do is read the Patch to see how top notch our neighbors are! If it wasn't Montville, it would be some other poor, unsuspecting town -
MC August 09, 2013 at 05:20 PM
This is not about Montville. The actions of a resident does not reflect an entire community. I have never been to Montville but the actions of a couple of criminals does not reflect the community as a whole and it is unfair to criticize any other resident based upon the actions of others. Also, to Mrs. Smith, I have done my research and actually read the indictment. If you had, you would see loan applications were filled out stating Theresa had different jobs with different incomes during the same time period for each different loan. These comments are not about many other horrible and unfortunate events going on in the world like the plane crash in Connecticut today or the two lovely boys killed by a snake in Canada. These comments relate to the Guidices and not intended to imply that their reported criminal behavior is the only crimes committed in the world or even the State of NJ. If you want to comment about that son who stole money from his parents, I am sure there is another article on the Patch for those. Other crimes are terrible but does not excuse the actions of the Guidices.
Kelly August 09, 2013 at 05:33 PM
EMG, my last sentence should say it all, "They never earned the right to be here". If you read the indictment, you will be mortified that these criminals used fraud to get the loans to buy and build their ugly home in Montville, their dump of a shore house in Beach Haven West, a rental property in Lincoln Park, another residential building.... Every single purchase they made was bought using fraud tactics. And then she and he, both lied UNDER OATH several times regarding their incomes, assets, future assets, etc. They haven't worked for a single thing they own. It's all fraud. Who makes up pay stubs and W-2 forms and claims she is making different incomes from different jobs but yet she is a stay at home mom in Paterson???
Kelly August 09, 2013 at 07:51 PM
Please read the indictment, these people are simply the lowest of the lowest. She was in on it, she is responsible, she lied under oath, multiple times to a Federal Court. http://www.justice.gov/usao/nj/Press/files/Giudice,%20Giuseppe%20and%20Teresa%20Indictment%20News%20Release.html
Peggy Garbers August 09, 2013 at 08:27 PM
It hs been reported that some of the cast or crew of RHNJ may be called to testify in this case. Andy Cohen made a bit push on last weeks show about having Caroline Manzo to "tell us what is happening in New Jersey". She said she had talked to Teressa the day of the indictment but she was not going to tell what was said by either side. That was the end of the discussion. This is making headlines for Bravo. I just keep remembering Caroline calling Teressa GARBAGE when they were in Napa, My how things just keep changing. I wonder why Caroline has made such a big switch. I wonder about all of them. I wonder why I have spent time watching them. All those hours I will never get back!
Moms Thoughts August 09, 2013 at 08:54 PM
It's all BS. And that is where it becomes interesting. If the FEDs call Bravo/producers as witnesses. They may have to concede the show is all staged. Which is akin to revealing the great oz. This could sink the whole reality ship. (yup, there are still people who really think "reality tv" is real)
Mrs. Smith August 11, 2013 at 12:59 AM
MC - if you have never been to Montville, why are you even repeatedly commenting on our Patch? I get alerts in my emails about news on our Patch because I live here, that's why I am commenting, you on the other hand seem to be trolling for news articles on the Giudices just to put your two cents in. Please get help for your obsession.
Michael MikeyDell Del Viscovo September 12, 2013 at 02:57 PM
PATCH: you seriously have nothing else to report? who cares about these POS's... He will be passed around for a pack of Marlboro by Bubba... they are all a disgrace to Italians and NJ residents!

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