Real Housewives Couple Plead Guilty to Fraud

Teresa, Joe Giudice are in federal court today
By Newser Editors and Wire Services
Posted Mar 4, 2014 9:50 AM CST
Real Housewives Couple Plead Guilty to Fraud
In this July 30, 2013 file photo, Giuseppe "Joe" Giudice, left, and his wife, Teresa Giudice, walk out of Martin Luther King Jr. Courthouse after an appearance in Newark, NJ.   (AP Photo/Julio Cortez, File)

Husband-and-wife members of the Real Housewives of New Jersey cast are in federal court in Newark today to plead guilty in a fraud case. Teresa and Giuseppe "Joe" Giudice had pleaded not guilty last year to dozens of charges including bank fraud, wire fraud, and bankruptcy fraud. The couple is accused of exaggerating income while applying for loans before the show debuted in 2009, then hiding their fortunes in a bankruptcy filing after their first season aired. They are also accused of submitting fraudulent mortgage and loan applications and fabricating tax returns and W-2 forms, and Joe Giudice allegedly failed to file federal tax returns for several years beginning in 2004. (More Teresa Giudice stories.)

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