Teresa claimed to be employed as an executive assistant for Modern Era Investment Corp making $3,750 a month. At the time (September 2001), she was actually unemployed. Both Teresa and Joe are charged with falsifying federal documents (a HUGE no no) including income tax returns and fake w-2 forms as well as fake pay stubs. Based on the falsified document, they obtained a mortgage loan for $121,500.
But wait, there is more. In June of 2004, at another bank, Teresa claimed she was the owner of G&G Stucco and made $14,750 a month and had made that amount for seven years. Based on that line of bullshit, she was given a mortgage for $20,200. How dumb do you have to be to break a Brazilian federal laws for $20K? Teresa was unemployed at the time.
Who the hell would take these four girls to raise?
But wait, there is more. In March of 2005, at yet a third bank, Teresa provides false documents again stating she is the self-employed owner of G&G Stucco, and that she makes $12,100 a month and has been employed in that capacity for six years. Despite still being unemployed, she was given a loan for the amount of $151,550. That’s a lot of shoes and leopard attire.
BUT WAIT, THERE IS MORE! EDITED HERE TO ADD TWO MORE CHARGES EACH!
According to a statement from the U.S. Attorney’s Office in New Jersey, today’s “additional counts stem from a $361,250 mortgage loan that Teresa Giudice obtained in July 2005. In the course of obtaining the loan, she and (her husband) prepared a loan application which falsely stated that Teresa Giudice was employed as a realtor and that she had a monthly salary of $15,000. Teresa Giudice was not employed outside the home at the time.”
But wait, there is more. In November of 2005, based on more falsified federal documents including w-2s and income tax returns, the two Einsteins obtained. from yet another bank a Builders Loan for $800,000. My mind is boggled. You might could get out of ONE of these with remorse and a very expensive attorney with probation, restitution and a year or two of time. But these two are going DOWN.
But wait. There is more. In December of 2006, the morons falsified all sorts of paperwork AGAIN and received a home equity line of credit. Between December of 2006 and February 2009 the two withdrew $251,360.
But wait, there is more. They once again wandered into Wachovia in February of 2007. Using fake W2s and fake tax returns, they got ANOTHER home equity line of credit for $170,252.
But Wait, There is more. In February 2008, since things seemed to be so easy, the two idiots wandered into another bank and got a construction loan for $1,770,000. This was the year before the show aired but may have been filming at this time.
But wait, there is more. In July of 2008 they made up more fraudulent paperwork including federal documents and claimed they had $500,000 in the bank. In September they received ANOTHER construction loan for $1,720,000. Remember in season one when Teresa was paying cash for things like furniture and big ticket items? Now we know why she was so into paying with cash.
But wait, there is more. October 29, 2009 The two apply for bankruptcy. They can’t pay back all that money! Both testified under oath, under penalty of perjury as to their assets and liabilities. Both bankruptcies were denied. However, despite the bankruptcies not going forward, it was found that Teresa lied under oath. Teresa failed to disclose her business TG Fabulicious LLC as an asset. Joe also lied. Apparently he has a company called Name Brand Clothing an LLC. That he failed to mention. But wait, there is more… Joe also had another LLC called 1601 Maple Avenue which was a property (gas station) that he collected the rent on. Joe also had a corporation called Turbo Fuel that was solely his as well. All four of these companies had their own bank accounts which were also concealed during the bankruptcy proceedings. Teresa also bought a rental property (residential) in Lincoln Park. Joe signed a rental agreement and the tenants paid them $42, 968 from April 2009 to January 2012.
From June of 2008 until October of 2009, TERESA MADE $110,677 in total income from RHONJ, Fabulicious, and Magazine interviews and appearance.
For Season TWO Teresa and Joe (husbands not really paid, the wives check is the couples contract) signed a contract for $110,000.
Count One: Conspiracy to commit mail and wire fraud.
Counts Two-Six Bank Fraud
Counts Seven-Eleven Loan Application Fraud
Count Twelve Bankruptcy Fraud
Counts 13-18 Bankruptcy Fraud- Concealment
Counts 19-24 Bankruptcy Fraud- False Oaths (count is for both of them, two are solely against Teresa, three are solely against Joe).
Counts 25-34 Bankruptcy Fraud -False Declarations
Count 35 Failure to make a Tax Return
Joe made $243,919 in 2004 but did not file taxes.
Count 36 Failure to make a Tax Return
Joe made $323,481 in 2005 but did not file taxes.
Count 37 Failure to make a Tax Return
Joe made $26,194 in 2006 but did not file taxes. This is not a typo on my part, what the heck happened in 2006? Maybe it’s a typo in the document?
Count 38 Failure to 2make a Tax Return
Joe made $377,423 in 2007 but did not file taxes.
Count 39 Failure to make a Tax Return
Joe made $25,442 in 2008 but did not file taxes.
The Season One contract didn’t have Joe on it. I have always heard that the husbands “get paid through the wives.” (From a reliable Bravo source) I didn’t think they actually signed a contract. If Joe did sign a contract on Season Two agreeing to be on a certain number of episodes, that would make sense that in 2009 he suddenly started filing taxes. Sort of. It seems to me that the husbands sign RELEASES but not CONTRACTS.
So that is it in a nutshell. I think both of them will be doing jail time. Who will take the kids? Melissa?
I feel sorry for the kids and the kids only. The adults made their beds and now they must lie in them. But with all the RHONJ’s shady dealings, this should scare all of them. Those poor girls.
JAIL JUICY!
Who needs to read the papers or watch the news when we have you Tamara. Instead of reading 100 tweets, I can just come here for the Tea.
Having said that, I hope Teresa and Juicy get the book thrown at them. In the past Teresa said Juicy handled everything, this just proves how much she lies. There is no way she didn’t know what was going on. they deserve everything that the judge hands them. I would pay to see the look on Melissa’s face when the verdict is handed down. Looks like Bravo might need Danielle Staub back soon.
Danielle OH NO—another crazy, and a sex addict to boot! It’s just so embarrassing—like watching a train wreck! hey I wonder what happen to her, she reminded me of the Grinch a little.
HOLY SHIT. Omg, they are going down and it is a very good thing.
The best thing to come of this may be that everyone stops saying that Nene and Tre are making these outrageous salaries.
How the hell are they paying salaries to all these “assistants”, nanny’s, hair and makeup, whatever they are called??? For a family of 6 to live that kind of lifestyle and sustain it, there has to be money somewhere. The book deals? The hair crap? The burpy wine?? Where in the world is this coming from? Does Bravo pay for the trips as well? They always do these lavish trips, who funds that? Joe could not even keep a pizza place open. There are ways to recast your business books to make them look more profitable and it is not illegal to put your spouse down as an employee even if they never or rarely show up, so the salary thing, that is maybe up in the air in the legal realm, but something else is off here. You would think that someone had to review the books at some point and see this is just not adding up.
Im under the impression that they can go after her for lying about employment was because the companies didn’t exist
LOLOLOL, on another blog site someone found the old Kim G (Granatell) newest Twitter war?? with Teresa, here are just a few, Teresa will be wearing pants that say INMATE instead of Fabulous, Payless shoes will be slip-on sneakers, it just goes downhill from there.
You are supposed to read the comments HERE Bella. LOL. I posted the whole thing yesterday, it’s a bolded comment here somewhere.
I am loyal to you to a fault! A girlfriend sent me a link to a blog and I was like… GURL… I get my inside info from the main source, TT! You are the only one I never cheat on and that is a FACT!
Apparently you do that with 4 counts of bank fraud and 4 counts of loan applications fraud.
As my loving dad always said, “send her to prison & throw away the key!”
Yes, even danielle would be better than Tre, the profligate spending, fallacious, backstabbing, crazy bee-och!! The sooner she goes to prison, the sooner the show’s class & ratings should rise!!!
Yeah, I’d say that if that’s the best of it…
TT thanks for the tea. I think the good thing is hopefully people will stop thinking that only atl has fraudsters. I think all of them have this, but they don’t get trashed like that. Why do I feel like this investigation started whenTre lied about the bankruptcy on one of their reunion shows?
Teresa will probably get probation. Joe may go to jail. I think they are trying to get someone bigger. Did Wachovia bank go under? They may have received some of the federal bailout money. If they end up going to jail, it is possible that Joe and Melissa would get the children. It is also possible that Dina may end up with the children. This is unbelievable!! Thanks for all the tea!
Just out of curiosity, why do you think Theresa might get probation? Also why do you think they may want someone bigger? She is implicated in just as much illegal activity as he is so why would they not get the same punishment? They seem to be pretty big fish here so I have seen people say things about the Feds/IRS wanting someone bigger but that doesn’t make sense. Not trying to be confrontational, just trying to figure out your thinking behind your post, thanks!
This would be Teresa’s first offense and she has children, so it is likely that they may cut her a deal. Stranger things have happened. Legitimate banks do not just hand out loans to people without verifying personal information. The whole point of giving a loan is to make money. A lot of banks were caught up in mortgage fraud during that time period. The federal government bailed a lot of them out. Maybe this case gives them some insight on what happened.
Teresa will do time to along with Joe, but they are going for bigger fish also. They know Joe and people he associate with are crooked and so they are wanting them to start squealing to lessen their time. And they will, because along with being deported after going to prison he loses everything. They are the tip of an iceberg and we will see more as the months go by.
So your not really talking about bigger criminals but just more quantity of the same types of criminals?
Maybe the court will think that she has to take care of the girls? That was my thought when I read it.
What do you mean Tre first offense read the charges about half of them are against Teresa!! Both of them will probably do some time we are talking about allot of money. They wont get as much time as Bernie but I definitely think both of them will do time.
I think Joe Guidice’s thought was that bc he was not a US citizen that they would never catch him. I agree with you on the possibility of Teresa not doing actual jail time. These are white collar crimes, (granted, several of them) not violent, and it is her first offense, and she does have 4 young children. Joe will definitely get jail time, if not deported. Teresa’s sentence could be suspended or commuted.
I also see them arguing that this was all Joe’s idea and that she had no idea she was Doug anything illegal. Joe will testify to that as well.
Ignorantia juris non excusat. ~ Ignorance of the law does not excuse.
I don’t know if having kids will help. Lauren Hill, that singer who lives in Jersey has 6 kids and had to do some months in Fed prison for tax evasion even though she finally paid them. It was part of her fine. I know every case is different, and it depends on a lot of other things like evidence and which lawyers one can afford. I wonder if they will deport Joe? I have been reading he isn’t a citizen. Anyone have more info on how that would work?
I am not a US citizen, I could still be sent to jail/prison or deported if I were to faces criminal charges. He has children that are US citizens though so them deporting him is highly unlikely. When I came here, I had to prove that I would not a drain economically to the system, have a sponsor that would vouch for me, it was a huge pain in the ass to get it all done but maybe 20+ years ago things were different.
two words: Martha Stewart.
Bobbi not saying ignorance excuses, just my speculation on how they will try and get out of this. I☺
Off topic: What a sad note for Lauren Hill and her incredible talent that she has fallen to “that singer who lives in Jersey has 6 kids and had to do some month in fed prison”. SMH
Mina – Lauren Hill pleaded guilty for not filing and paying taxes for approximately 3 years and she is going to jail for 3 months. Lauren did pay her taxes. She was hoping that they would put her on house arrest because of the kids. I did not realize that she lived in New Jersey too! She actually got off easy. I don’t think Teresa will ever plead guilty.
The Federal gov. don’t play they will do time.. ask martha stewart.. Teresa is going down too. there is no probation for all them counts sweetie.
Katrina, ever hear of NINA bank loans?
The bank didn’t need to do any fact checking on applicants. This is a reason for the housing/banking/economic crash. The difference between Tre and ‘some bigger scam artist’ is that most loan applicants don’t blatantly LIE about having employment, which is critical to be able to pay back the loan. Tre supplied W-2s, a government document, and pay stubs, so the bank believed she was working and would be able to pay back the loan.
Tre and Joe weren’t the only people without assets or cash to get approved for NINA loans during the housing boom. But that’s what Republicans guaranteed by law and then banks allowed – bank managers approved loans for people who would never be able to pay back the money.
Tre knew dang well what she was doing to secure that cash, cash so desperately needed so she could by more leopard crap. She’s a seriously greedy crook.
Wachovia did not go under…they were bought out by Wells Fargo a few years ago. 🙂
The IRS does not play, male or female, so good luck with her getting leniency.
Wachovia Bank is now Wells Fargo Bank.
kinda betting they all go down, the manzos (who gov chritie has a special distain), the lauritas, the wakiles,the gorgas – bet they have all been investigated and continue to be – look at the lauritas – their crap is just starting to surface – the gorgas have been neck in neck with juicy in the building / flipping properties until just a couple of years ago, yet they lived in their “spec” house illigally – oh heck, i thinkt they are all shady — this show is cooked, last season for them all
Thank you for doing such an in depth article on what’s going on. I do not like Theresa and have always seen through her. However this goes beyond who you root for on a reality show. This is real life and it breaks my heart for the whole family. While I do understand that Theresa had alot to do with this I still don’t believe that she knew what she was doing. I honestly do not get any type of enjoyment by saying that these two people will be doing some serious prison time! I hope I’m wrong but I don’t see any way out of it. Those poor children and her poor parents have got to be heartbroken! I only hope that she finally sees what Joe has brought her to and what he has done to his family. I may be wrong but I just can’t see any of this being completely on Theresa. She loves this criminal and believed in him to take care of her and their family so I’m thinking she only done what she was told to do. I have wanted Theresa to be knocked down and the real her discovered but definatly not like this. Even though I know she has done some major wrong doings here my heart breaks for her and her family! Also if I hear one more person insinuate that Jacqeline or Caroline ratted on her to lesson any deals they have going on I’m going to scream! I highly doubt that anybody knew what these two were doing. These are not the kinds of things that the Guidici (sp?) would go talking about because they have always wanted to keep up an image. It doesn’t make sense that they would do all this stuff to keep up with the joneses and then tell anyone that they were getting money illegally. Nor does it make sense that anyone would have to turn them in since they were so stupid about how they lied about everything during the bankruptcy. That to me was their biggest downfall and where they went wrong. Nobody had to tell the IRS FEDS or whoever else anything about them because they pretty well wrapped all their indescrepancies in box with a pretty little bow on top!
I love Teresa, but of course she knew. She walked into the banks with documents saying that she worked at places, and had businesses that she didn’t. She was there and handed the documents and signed. Ugh Teresa! What the Hell is going to happen to those poor kids?
Of course she knew what she was doing and she knew it was wrong. However I do not think she really understood how bad it was or would have ever done this on her own. She’s just not that smart. I think she trusted her husband and would have done anything he told her to do. I could see him tell her everyone lies about this sort or stuff and the banks get paid back so it’s a win win or some kind of crap like that. Idk I just don’t see her to be this bad of a person and trust me I have a very low opinion of her. I just can’t help but feel bad for her cause I think she got used by her husband and now she is the one that’s going to be paying, big time!
ALOT of the charges are on TERESA ALONE Her fake W2s Her continued lies about employment she did not have with FAKE w2s and UNFILED fake income tax. This took a lot of fore thought. I am sure her atty is going to advise her to say Joe made her do it. She didn’t understand. Etc. But I don’t think that dog has much chance at hunting.
I just wonder if this is gonna get ugly between the 2 of them? This may come down to saving yourself and throwing the other under the bridge. Even if she does claim she didn’t know what she was doing and her husband told her to then it still won’t matter will it? From what I have always understood the courts don’t care about ignorance, guilty is still guilty wether you knew what you were doing or not! I could see this becoming a very dirty fight and possibly an even dirtier divorce. Now that I would love to see but I do not want to see Theresa go to prison. I couldn’t wish that on my worst enemy!
I think it is quite possible that Joe may have turned the documents in on her behalf. I know for my mortgage, my husband signed the final documents but NEVER actually provided anything else – I did! If Joe is a crook, and I completely believe he is, this really could be all his doing. I am willing to believe that she is probably more stupid than criminal.
I don’t buy that BS about Theresa not knowing what Joe was doing. When you sign your name to a document an hand over paperwork that includes a FAKE W2 with your name on it, you know full well what you are doing. Did they have help? Probably. Are they the only ones? Nope. Are they stupid to parade themselves on television knowing they committed many felonies? Hell yes. Then again, no one has ever accused Theresa or Joe o belonging to Mensa.
I do feel sorry for the girls, they had nothing to do with this but I’m sure Gia will hear chatter at school. Much like Brielle, Kim z’s daughter.
I think that the proof that BOTH knew what they were doing is that they stopped almost at the exact time that they signed on to do the show on Bravo. That’s going to make it much harder to wiggle out of this.
It does not take an extremely high IQ to understand that in order to get a cash loan, you’ve got to prove that you are employed. How do you prove that? The bank told her: give us pay stubs and W-2s. Tre then asked, ‘What’s that youz guys?’ she was told, and she understood their explanation. She and/or Joe then made the fake documents that she handed over to the bank.
I wish Trehuggers would quit making excuses for Tre’s behavior. First they say she’s SO smart, a shrewd business woman who’s playing up her Lucille Ball character on TV, and then when Tre’s in trouble they say she’s dumb and followed Joe’s lead. It doesn’t work both ways. Tre is guilty. That’s why the federal government is after her.
OMG.
I just don’t know what to say. I’d say for sure they are both going to be serving time. But I will not hold my breath. You never know how these things will end. And what the hell is wrong with the banks?? How were they able to obtain these loans so easily?? They were in the wrong but the banks are just as guilty on some levels.
They were White Tamara! Do you know any black people living off of a line of credit? White colar crime at its best!
R.I.C.O……and wasted on such a dense bunch
I don’t think White Collar crime means what you think it does…
/facepalm
Second hand embarrassed for you. facepalm.
………………and hard working honest people can’t get a mortgage without basically giving enough information for a kidney transplant. I am not sure how these people get away with this stuff. Fortunatley, in many of these types of cases many get their hands slapped. Juicy might get time because he is just an institution of crime. Tre just seems dumb and signed whaterver docs were there.
True dat! I went through HELL getting one, and I earn a solid income, have super-high credit and had quite the bounty saved in the bank (due to an inheritance I never touched until I had enough to buy a home). I was so stressed and pissed off because I pay all my taxes on time and in full, as all my bills. And I had to go through the hellacious wringer! I wondered out loud how decent hard-working people were supposed to buy a fucking house?
I just saw another article on this, and it is on everywhere. One photo shows Joe’s dad shooting a bird at photographers who they were probably calling as late as last week to get them IN the news. Another quote has Joe’s mother telling the newspeople that it “is none of your f#$%ing business”. Classy, right?
good lord this is EVERYWHERE. Like on the closest things we have to real news channels in this country!
These two are the grifters of all grifters! What scumbags! You can live a very comfortable life on the money they made, even after paying taxes. To be so blatant and aggressive in their thieving is disgusting. I hope they both do serious time. They are criminals, liars and thieves. I feel very sorry for the children. Hopefully they’ll be shielded from this, but seeing how Teresa and Joe are with them on the show, I’m sure they’ve heard all the scary details and possibilities already. Those poor girls.
It is mind-boggling to me that these two idiots were somehow able to forge documents that looked good enough to fool banks over and over again. Neither of them seems intelligent enough to have come up with these schemes to get money. Should be interesting to watch the RHONJ reunion this season…
1$ says she won’t say jack shit on advice of her attorney. The more I hear about her the more disgusted I get.
Yeah, I cannot wait for the reunion; if she is not in jail.
The mortgage company loan/bank officers usually prepare the paperwork and guide the buyers on what docs to bring, where to get them etc. They do whatever it takes to make the loan go through. The generally work on commission. They should be at the front of the line if anyone goes to jail.
katelin : I AGREE 1000 % . The loan officers and bank officers need to be held accountable. Do they just accept w2s at face value ? THey dont run the social security #s to double check and actually SEE if that income was earned ?
Most people have the sense not to forge W2s. It requires quite a bit of forethought to ….start a company, get a tax id number, fake employees, fake a salary…. It’s not generally necessary to triple check a W2 because of …well you know…. THE LONG PRISON SENTENCE FOR FORGING ONE…
Wow, they are real stupid. How did they think that almost a decade of frauds will not catch up to them; especially since they are on reality TV. S1 of RHONJ was filmed between summer-fall of 08, so these charges LITERALLY stopped before filming.
I feel bad for their children; what is going to happen to them if both to to jail? Teresa’s parents? Joe and Melissa? Joe’s parents? They should not have to be subjected to all of this.
What the hell is Bravo going to do with this. If Teresa gets arrested, she is off the show, and RHONJ could go downhill since she is kind of the star and almost all of the others are blank slates. I know for sure the lineup is going to change for S6.
20-30 years. Joe is screwed. I swore he had another case prior of this one taking place that was supposed to be settled in court in September?
Right. They have been putting Joe’s trial off for 3 years now. What charge? More fraud. He got caught using his brother’s drivers lic. after his DUI. Oh my goodness, they are going to need to hire a time management person just to keep up with their court dates.
I completely expected some to say it was all Joe’s doing but the extent of the denial is insane. There’s no way Teresa knew nothing about this. It wasn’t a one off, it happened at 4 banks!!
The leverl of denial and covering for this woman is mindboggling to me. She didn’t just sign stuff. She walked in and produced fake paperwork, she knew exactly what was going down.
She certainly enjoyed spending every penny of the ill-gotten gains on that tacky house and her tacky wardrobe. Notice she’s not wearing any jewelry with her court suit. Like there isn’t tons of footage from the show with her decked out!
My opinion is people aren’t trying to deny the fact that she knew what was going on. It’s obvious she knew very well what was going on and knew it was illegal and wrong. However I don’t think she knew how wrong or how illegal it was. I think we can all agree that none of this wa her doing and she definatly didn’t come up with any of it. She’s just dumb and naive and trusted her husband way to much. I can only imagine the things he told her to get her to go through with this kind of stuff. I always feel as if I have to say this but I am not a Theresa fan! I can’t stand her nor can I stand 99 percent of her fans! She is delusional, petty, childish and a vile human being. I have been waiting for her to be knocked down for the longest cause anybody with common sense knew it was coming. I just hate that it had to happen like this and to her family. While I genuinely believe all those things I just said about her, she’s not someone that can fully grasp what she has done. I think she would have gone along with a kidnapping scheme in order to get ransom if Joe had told her it was ok. She just doesn’t think rationally and can’t grasp things that normal human beings can. Also in order to truly know how wrong what she done is she would have to watch the news and understand where taxes come from and the where the money the buy outs came from. She’s just not smart and for that I can say she didn’t know what she was doing and I think that’s what most people mean when they say it as well. At least on this site anyway cause the ones on the other sites are crazy as hell and really think she knew nothing of it and its all a conspiracy that the lauritas, gorgas and the manzos came up with!
Hum, according to that theory, she might also believe she was a “little” bit pregnant. Nope, she cannot have it both ways. I think she is smart enough to have fooled a lot of people, myself included. I always wanted to think she was the long suffering wife to an orangutan cretin, turns out she really is a scheming grifter. (Damn you auto correct wants me to call her a greeter)
LMFAO. No we can’t agree that none of this was her doing and your reply (including how long it is) simply proves my above statement was correct.
We can all agree? Hardly. I am a Teresa fan (at least this season lol), but anyone who thinks she didn’t know and grasp what she was doing is probably what they are saying she is… unable to grasp. Sorry, and I don’t mean to be rude, but did you just read the same info that I did? She has individual charges. She went in and did the talking. Bold faced lying. Joe may have been able to convince her that they wouldn’t get CAUGHT, but to say she didn’t fully understand what she was doing, and how big of a no no it is? No way.
What I said was that she didn’t come up with any of this. Y’all really think she came up with this whole plan to scam the banks and essentially the government? You honestly believe that she had anything to do with any of this? The only thing I will ever believe is that Joe told her exactly what to say, sign, print and believe. For anyone to think that she is the mastermind behind any of this is insane and I will have to just agree to disagree. I think people are misunderstanding the difference between someone knowing what’s going on and that it’s wrong than understanding what their doing and just how wrong it is. I don’t know I guess some people just have more faith in her than I do because she’s way to stupid to understand any of this. Again I will say that of course she knew what she was doing and that it was wrong but by no means did she understand nor come up with any of it. That’s just my belief though and I have been wrong in the past and very well may be wrong again, who really knows other than them two.
Ridiculous statement. I don’t see where anyone said that she masterminded this. But she certainly had alot to do with it and is culpable. She wanted to pretend and lived behind a phoney facade.
She wasn’t too stupid to try to manipulate or market her 2nd rate products, steal ideas from others or feign perfection. She may not be book smart but she is clever and loves the attention her Dlist celebrity gave her. Celebrity blinded her and she didn’t think about the consequences to herself or her family. She thought she would continue to get away with it and just continue on as she always did. She knew Joe wasn’t bringing in a salary and she knew what she was making and it wasn;t enough to pay for her lifestyle. She was stupid to not think her house of cards wasn’t going to fall but clever enough to try to manipulate to keep her con going.
For starters she knew she signed a book deal and received a monetary advance yet she didn’t disclose it. She knew she got an increase in salary from Bravo but didn’t disclose it.She knew she had an LLC registered yet didn’t disclose it= all under oath,… She may not have known what she was signing in the beginning with some of the loans but in any case that is no excuse, or that Joe didn’t file income tax for years but she knew they were hiding assets during the bankruptcy and lied on more than one occasion, every time they amended it. She knew she was unemployed yet signed documents stating she wasn’t to qualify for loans. She was disingenuous about a lot of things and is a compulsive liar to keep up her facade including claiming she voluntarily stopped the bankruptcy, when in fact it was denied, She knew they owed a lot of money to creditors,lawyers, etc. yet she continued to flaunt her spending to impress others and pretend to live a lifestyle she couldn’t afford. She is responsible for her own actions and commited crimes so to think otherwise is ridiculous.
Anyone remember her on Celebrity Apprentice??? Stupid enough to make it to top 5….
oh please if Joe tells her it’s ok to jump off a mountain then she’s suppose to trust him, BS she knew exactly what she was doing and the court isn’t going to give her dumb ass a break just because she claims to be stupid. They ripped off hard working families to live a lifestyle they couldn’t afford and then went on TV flaunting it, this is the beginning of the end for them.
families toof the people they ripped off you would not be so quick to defenc them. And using stupidy as a defense, doesn’t cut it in court. I go news for Teresa fans the fed don’t indict unless they have a solid case and just because she has 4 kids doesn;t means squat to them. She should ghave thought about that before she and her husband committed 39 counts of fraud.
dyol : maybe THE FIRST TIME IN 2001 Teresa didnt know. But she went back multiple times, submitted fake w2, lied saying she was working for GGStucoo. she had to have known. I dont care if it was Juicy Joe’s plan, SHE DID IT. Shespent the money as well, she used the $ for implants and fertility treatments
TMZ has new photos up today of Tre all smiley and giggly playing with her kids as if she just won mother of the year. That’s Tre for ya!
She just loves loves loves!
Tamara, fyi, per my comment July 31 and your reply. White-collar crime is financially motivated nonviolent crime committed for illegal monetary gain. Within criminology, it was first defined by sociologist Edwin Sutherland in 1939 as “a crime committed by a person of respectability and high social status in the course of his occupation”. Sutherland was a proponent of symbolic interactionism and believed that criminal behavior was learned from interpersonal interactions. White-collar crime is similar to corporate crime as white-collar employees are more likely to commit fraud, bribery, Ponzi schemes, insider trading, embezzlement, cybercrime, copyright infringement, money laundering, identity theft, and forgery.
A release IS a contract.
nope, a release is a release from the need for a contract. you release your rights to be paid.
That is a contract. Money does not need to be involved. Basically, if I write “I will see you in hell.” On a napkin and sign it, that is a contract.
Well that was a shitty example. But I will save you a seat anyway.
Teecee’s correct in her first comment (a release is a contract), but not on her second “see you in hell” written on a napkin comment. A contract (including a release) is only enforceable if there is “consideration” — a legal exchange of covenants, promises, money, etc. that has value and is sufficient for the other party’s contract. If Teecee promises to see me in hell and writes in on a napkin: (1) I won’t be there to enforce it (insert smiley face here); (2) I haven’t given her anything in exchange for that promise; and (3) if for some reason, I end up in hell, she could refuse to see or meet with me because I did not offer up anything in return. I’m confused as to what the consideration would be for getting a husband to sign off on a release for compensation (e.g., a promise to enter into the contract with the wife), but I guess it might also depend in part on whether the state is a community property state. But that’s all out of my realm….
NJ is NOT a community property state and his debt is her debt until a LEGAL separation occurs. I can also tell you from personal experience that if your spouse signs any promise or promissory note to you or about you it can be enforced 100%.
again, I disagree. all day. Signing a release saying you can use my picture on TV and here I am signing away the rights to you is not a contract just for the reason you said. There is no mutual consideration.
TT: not that I necessarily agree or disagree, but some people would “pay” to have their photos splayed all over and getting to have that happen for free would be considered valuable consideration in exchange for a release (at least by famewhores like Juicy and Tre).
I know it’s wrong, but it put a slight smile on my face to picture the “post-mortem” message at the end of the RHONJ reunion — “And Teresa and Joe have filed for divorce, but continue to communicate through the federal prison mail system, from FCI Fairton (Joe) and Aliceville, Alabama (Teresa), in the hopes of working out a parenting plan upon their respective release dates” — cue photo of Teresa in jail stripes, handcuffs, and ankle chains. Fade to black.
It makes you smile to think of four little girls losing their parents?
Can feel bad for the kids, but not for the folks who do the crime. They weren’t thinking about their kids; only their greed. If everyone could use that excuse as a way to get out of doing their time, then our prisons would be empty.
I was not saying it’s an excuse at all. But it is the fact. Period.
Teresa and Joe obviously don’t care about their kids, so why should I care anymore than they do??
Amen!!!
BINGO
I agree! Thousands of kids lose their parents to incarnation everyday. Most of those kids do not have family to take them in and land in the foster care system. Parents make bonehead choices and their kids suffer, but Joe and Teresa’s kids are not any more special than anyone else’s
Because they are innocent children maybe?
irony was watching the end of the latest rhonj episode when teresa says joe always says: “If you do good, good comes to you; if you do bad, bad comes to you.”
Here is a dumb question. I understand that not paying taxes and lying under oath are criminal offenses. Is lying on a loan application a criminal offense? Isn’t that a civil matter between the bank and the liar?
Don’t do banking stuff, but if the loan is backed by some kind of federal mortgage insurance (FDIC, etc.), federal criminal statutes governing bank fraud are likely in play as could be state statutes.
That too the FDIC insurance was mentioned in the original 33 page document that I dumbed down here.
I don’t know about US law but in Australia it is fraud ie criminal
NO, it is a crime. Mortgage Fraud is FEDERAL CRIME in the US.It is prosecuted in federal courts, mortgage fraud is prosecuted as wire fraud, bank fraud, mail fraud and money laundering, with penalties of up to thirty years imprisonment.
I just learned this in my class, it is a VERY BIG DEAL.
not when you falsify federal documents to fraud the bank.
So but then…bumping up your salary a little on an innocent credit card app? Not a federal offense or anything, right?
It honestly is a crime to lie or misrepresent on any application where money lending is involved.
lol, oooh Teecee are they coming for you next?
teeheehee… it’s amazing when faced with facts, one who feels she knows everything goes silent! :/
Did Teresa & Juicy Joe have a hint this Federal wrath was coming?
Did they get blind sided yesterday by the indictments and find out the same time as the public?
She was on WWHL just the night before acting her usual fame whore self.
I totally agree with Tamara.
These banks did not run credit checks.
Validate statements..or employment or llc info? And we Americans bailed them out? Teresa will serve a year and get out
.the asshole will get a free trip back to Italy..where he will be a hero for fucking over the USA..bang every cheap whore and not give a second thought. Kids will be stuck with those loser grandparents
Score one for us cheap whores everywhere.
LMFAO!
At Isabella’s comment, I mean. 🙂
As far as the banks not running credit checks, at this time I am assuming they had extremely good credit. I may be wrong here but it’s a logical thought. On to the validating statements, they forged their w-2s which is one form of validating statements. They have enough businesses that its not far fetched to think they could have used any of them to lie about income or employment. As in they fill out an app and put the pizza business on there. Then they falsify the w-2s so all they can do is look to see if the business is real. Am I not looking at this right? I honestly don’t see any other way the bank could be liable for this in any way. However I am looking at it on a smaller scale. I have done many loan apps in the past when working for loan companies. We used w-2s (falsified) check stubs (falsified) and then called places of business (legitimate place) so how could the banks have done anything better than what they done?
Maybe Joe and Melissa will take the kids.
dylpeyt– The bank or mortgage company can verify your salary history with the IRS. If you provide a false W-2, the IRS would not have a record of your income. If you can’t verify income, then you shouldn’t get a loan.
Katrina, I’m sure they can verify through the IRS but is that something that banks normally do? I can’t say for banks but I do know that loan companies do not. Well I should say around here they don’t anyway. I guess I woundnt have known if any banks I have used verified with the IRS but to the best of my knowledge they didn’t. It doesn’t seem like something they would readily do if they have what appears to be a legit w-2 but I honestly I have no idea. So lets just assume that banks don’t normally verify through the IRS then is it fair to say that they done their job to the best of their ability?
I saw her on WWHL. Do you think she seemed a little depressed? I did. Maybe she knew.
Dr. V won’t be able to fix this!
Dr. V can’t fix anything for anyone unless they touch her vagina.
I’m sure Jaq Laurita is happy.
Jac Laurita is next. They have a ton of weird LLCs too. In fact Chris has a weird clothes company.
I don’t know what Juicy’s “Brand Name Clothes” company is about but that is going to be an interesting little detail to find out. The only clothes related situation close to that account is called Money Laundrying.
You are correct Tamara..a friend of mine just recently retired and took her pension and started two LLCs for legitimate reasons but they protect you the person. So the businesses you set up can go belly up but you the person can still keep money
You are just too witty TT.Love it.I agree, I’m betting on other indictments of Realebrity stars. Orange County seems like it would be a hotbed of financial fraud.
So, this could get more interesting… did he do business with Chris? Wasn’t Name Brand Clothing owned by him as well?
Do Joe Giudice’s parents live in Jersey? Is that dumpy frumpy blond lady walking in to court with him his Mommy? Who ever it was took a swipe at the cameras, lol. Apple…….tree.
Also Tamara I have been viewing your blog for six months..just have not posted..your coverage on this is BY FAR the best and I did not really understand what was going on until you broke it down
Thanks Travis! Spread the word! 🙂
I thought the back story was that Tre & Joe had attended high school together, but now we’re hearing Joe’s NOT a citizen. So what’s up? Did the entire family come over for a vay cay 20+years ago & never leave?! That old feisty blonde woman on Joe’s arm, the one slapping the camera& telling reporters to eff-off, is his classy mom! The turd never falls far from the asshole does it!
No, Joe’s family came over when he was a baby.
I’m wondering if the bigger fish the Feds maybe going after are whoever Tre and Joe got their phony W-2s and phony tax returns from? I’m sure there is probably some fraudulent document Ring they could be after as well.I don’t think Joe or Tre are document or tech savy,at least by the way they act ( very uneducated).I wonder how they were able,even with the fake documents,to pass credit checks and bank account verification? With the $ 1.7 million loans they would have to have income proof of at least $ 500,000.00.
Sigh. There are no bigger fish. The W2s were from “their companies.” Every company makes their own W2s. The fake income tax forms were ones they fraudulently filled out but never sent to the IRS (because the income info was false).
Welp, Kim G is being her usual cuntbag self. Shocker. I feel sorry for Kim G’s children. What a role model to her kids she is.
Kim Granatell @Kimgranatell 2h
@Teresa_Giudice Your ugly 1000 count sheets will soon be like gauze + your stolen @PaylessShoes will be slip-on sneakers
Kim Granatell @Kimgranatell 2h
@Teresa_Giudice Get ready-Only 5 articles of clothing washed over + over, watch out for broom handles, hope U like bologna
Kim Granatell @Kimgranatell 3h
No toenail clippers in prison @Teresa_Giudice so start chewing
Kim Granatell @Kimgranatell 3h
@Teresa_Giudice in jail without makeup-SCARY! Mascara is a toothbrush dipped in ink, eyeliner is a #2 pencil
Kim Granatell @Kimgranatell 5h
The Do’s and Don’t list. Coming live from a real prison inmate @teresaguidice
Kim Granatell @Kimgranatell 5h
Stay tuned for my Helpful Hints for being in prison.
Kim Granatell @Kimgranatell 6h
Btw @teresaguidice II have an Orange Hermes Birkin bag to match your orange jumpsuit.
Kim Granatell @Kimgranatell 6h
Teresa, make sure you stock up on toilet paper. U r only allowed one roll per week in prison.
Kim Granatell @Kimgranatell 6h
Every dog has her day and today is her day. Woof woof!!!
Kim Granatell @Kimgranatell 6h
God is good. Finally, justice shall prevail
What a sick twisted bitch. And she used God. Cunt. I can’t watch these shows anymore and I’m glad I don’t. All of them are fake. I knew Teresa and Joe were into something illegal when I saw all that cash. I also think they knew what was coming. Gia will take care of the kids no matter who they live with, and no doubt with Milania’s help, do a better job than their parents. I hope. Poor kids.
Deep seeded anger me thinks…. well, mixed with a little sociopathy. Pity, she feels she has to leash out in such a manner. :/
This sheds a lot of light on the character and credibility on the Guidices. They both knew what they were doing and it wasn’t like it was done unknowingly. The Feds waited to hand down the indictment to ensure they were able to convict the Guidices on huge amounts of money fraud and to make sure they would get jail time. The Guidices kept up the fraud for over 7 years and that is enough for indictment. They will definitely get jail time for this one and that’s what the Feds wanted all along.
P.S. The Feds basically waited patiently for the Guidices to hang themselves.
Were they so broke, or just so dumb to agree to being on the show. Maybe they didn’t consider themselves criminals, or they thought everybody else was stupid.
.
Probably so stupid and narcissistic (sp?) that they thought they were above getting caught.
P.S.S. Another stereotypical shady mob Italian Family bites the dust….
Thanks TT for the great reporting on this…no one else seems to accurately set forth what the details are underlying these charges. Prior to 2008, banks were handing out loans to developers like candy. I’ve seen so many developers get loans with incomplete paperwork, insufficient income, etc. Teresa and Joe, however, seem much more flagrant and engaged in a more serious pattern. Typically, if it’s just once or twice, it’s handled via civil lawsuit. But, when you are a public figure and try to discharge all of it in bankruptcy after engaging in a long pattern of fraud, then you attract the feds. Several of the banks probably failed, then the FDIC took over collection of the bad debt or sold it to the assuming bank and, thus, found a pattern. Why the hell these banks get bailed out when they probably knew about these other loans is just beyond me. I’m sure Joe and Teresa put down the SSN’s or other identifying information that the banks doing a credit check (purportedly) could have found these others loans. Loans like these are exactly why we had the bubble. I read Joe was not a US citizen, if that’s true, it will be interesting to see whether he gets his ass kicked out of the country.
That’s it in a nutshell. Financial crisis 101 and the small individual home loans for property worth half there value to unqualified buyers.
P.S. a release is a type of “contract.” You are granting a release to use your image, etc., but you are still agreeing to something — foregoing your legal rights in exchange for your wife being paid or a symbolic $10 consideration typed into the “release” agreement. A waiver is another type of agreement.
Apparently Joe and Teresa are two supremely stupid people to think that they would get away with what they did indefinetly….they apparently don’t or haven’t looked at the news in a few years to notice that people with more celebrity than them have gone to prison for less. Never really cared for Teresa (or Joe) on this show, they are annoying. I do feel sorry for their daughters who didn’t ask for this, but there are enough family members to step in and look after those girls. Kids are pretty resillient, although Gia might have a hard time for a while. Greed=Nobody really wins in the end except the lawyers.
I find it VERY ODD that this started in September of 2001, the month of 9/11. I was working with a bank for a loan to buy a floral Shop in Saint Simons Island just prior to that. Then, the twin towers were attacked my bank got VERY sketchy and no one wanted to approve anything. And I was all …..grieving or whatever we were doing and we all just called the whole thing off. That was a month that NO BANKING was being done. It was kind of crazy. And that is when these two started to engage in federal crimes?????
Since you said that it makes me wonder if the twin towers thing set a lot of things in motion (financially) on purpose? #myconspiracythoughts
Interesting point. I don’t know what month Teresa got married, but apparently it was in 2001.
That makes me think of the comment she made about there being “more jobs” after Hurricane Sandy.
I’m sure this will be hard on ALL of the kids. Just because two of them are hardly ever shown on the show… They are probably more on the shy side than Gia and Milania. They may have an even harder time since they seem to not have as strong personalities as the other two IMO.
Great breakdown of info! I really hope justice prevails and they do time. They’re a disgrace and she should be kicked off Bravo! I don’t support TV that condones that kind of behavior!
I don’t know that any tv supports that behavior. My tv is supported by a stand but doesn’t support anything else.
If you mean you don’t support networks that condone the behavior then you should stop watching all tv. Typically networks will just distance themselves yet continue with their shows because the new press can be a good thing for them. Plus, as we know from many articles, not many RH (none of the NJ cast) are free from the financial issues/court problems.
This is excellent! Thank u all so much for sharing. I followed the bankruptcy filings carefully and was stunned they were allowed to w/draw the requests w/no consequences for their fraud. Little did I know the Trustee worked w/the Feds all this time. Tre knew she was stealing from the banks. Y
They stole from every company they didn’t pay back to live in their own “Taj Mahal” while their poor tenants had no heat! The ENTITLEMENT Tre has makes me angry. Profiting deliberately at the expense of other deserves to be punished. Hopefully their children will see that crime doesn’t pay and their learned ENTITLEMent behavior will b mitigated.
Yes, I remeber you well from when you were in touch with the original prosectors working with them trying to help and providing them with information. You posted about it A LOT on another blog.
?
I’m thoroughly confused by this comment. Does this person know them personally? If not how could they help anyone with any info about them.
Thanks for posting this. I didn’t realize it was the Trustee — but that makes sense. I think Joe’s ex-business partner that sued him had his lawyer working with the feds, too.
I’m sure someone already asked or mentioned this. If Teresa and Joe knew they had pending charges relating to money, why was she paying contractors, installers, and furniture companies from stacks of $100 bills. And on national TV, no less. I like her, but, that was truly dumb.
she had no idea she would be charged. She thought it would look “rich” to pay with wads of cash. She clearly knew they were hiding assets and could be caught with credit cards,.,,,paper trail… It never occurred to her she was doing all this on NATIONAL TELEVSION because she is really, really, really dumb and at this very moment, she has no idea how fucked she is…
I think Tre knows, she’s fucked but she’s really good hiding her emotions. Until she blows up or course.
I can honestly say that I did not see ALL THIS coming…WOW. Hope it was worth it, Tre!
According to Yahoo News, Teresa’s attorney, Henry Klingeman, believes that the couple is being targeted because she is a celebrity and that the federal prosecutors go after well-known people so that their work can be spotlighted.
I find that hilarious. A well known person is Angelina Jolie or Brad Pitt not Teresa Guidice. If I asked my husband who doesn’t pay attention to this stuff who any of those three are he’d know the first two and no clue who TG is.
I am shocked, though I really should not be, at how many of you think Tre won’t do time. And the reasons….she is too dumb to be guilty….mother’s can’t go to prison because they have kids…Joe tricked her…millions of dollars worth of bank fraud is not that big a deal…maybe they just forgot about all their assets when testifying under oath…lol…
That’s it! The Feds are just jealous of Tre and Juicy’s success!!!!!!!!! kh
Ever since I read this wonderfully researched post (Thanks TT), I haven’t been able to get John Mellencamp’s song “Tumblin Down” out of my head.
Lauren Hill is doing time for not paying taxes for a few years and she has five kids, it doesn’t look good for the Giudice kids. Will the government seize their house if their convicted?
I think that Lauren Hill is currently serving 3 months and will (or has already) repay all back taxes and penalties. She recently released some weird manifesto from prison about how she is a victim of her situation.
Seriously! Having kids won’t keep them out of jail! That’s the most foolish thing I’ve ever heard!
I’m a 2-year lurker, 1st-time commenter, and I have mad love for TT & her site (recent retirement from state gov’t has given me too much joy reading time:)) Of all things I’ve almost commented upon (those damn trials), the Giudice indictment broke my camel’s back!
I couldn’t stop myself from crossing into the dark side recently by some posters on RT absolutely rejoicing in a sh**load of dirt some anon poster shared on extreme anti-Gorga, Laurita and Manzo blogs (LSA, FW), so I checked a link to ‘proof’ which was the NJ Ledger, which happened to be at the very time the paper’s website broke this news. But of course, today I checked here, & TT broke it down properly, as I expected. Just want to add couple things:
The charges actually are for conduct from 2001-2011, not just 2008, when they started filming RHONJ. The bulk of the 39 counts against them are Bankruptcy fraud related (counts 13-34) & are up to and include 6/29/11 – well into their RHONJ “stardom.” IMHO, savvy T or diehard fans can’t claim she was a simple patsy to Joe’s manipulation during this time-frame, can they? But, then again, incredible stupidity or unbearable arrogance was behind these 2 denying or hiding things so easy to disprove or verify by the gov’t let alone any of their 2 million plus viewers. For e.g., after I believe 3 amended filings, they omit the income generated from the signed book deal & the existence of these LLCs, the intellectual property patent on ‘Fabulicious’ & other activity by entities with whom they did business that leave major paper trails, i.e. BRAVO, Hyperion etc. And, most of this occurred just months BEFORE filing their petition.
Anyway, as most everyone, I feel horrible for what the 4 girls face, but have zero sympathy for arrogance. Thanks TT for all your work!
I so agree with your comment and appreciate your pointing out that the attempted bankruptcy is where things went South (and rightfully so) for them. If they had obtained those loans – even with falsified information – and were in good standing today then this wouldn’t be happening to them. The fact that they had the extreme arrogance to march into bankruptcy court to have the debts discharged while knowing fully of their previous lies is beyond belief. There is NO DOUBT in bankruptcy court that you will be in big, big trouble for lying about your finances. They not only lied, they appear to not care one bit about the fact that there original loans were based on falsified information. Or that Joe didn’t file tax returns. That really just blows my mind. Finally, the thought that some kind of exception will be given to Teresa because she didn’t know what she was signing or is a mother – in my opinion – is ridiculous. She is in very big trouble and will be made to pay just like the rest of us would, by spending some time in Federal prison.
So let me get this straight….
They took out all these loans, totalling in the millions, on fraudulent documents, falsifying their income and net worth, ETC, then marched into bankruptcy court saying “we can’t repay all these loans that we fraudulently obtained because we never had the money we said we did when we applied for them”. And expected to get all the debt forgiven? I mean, that’s how I understand it, but to think you can get all these loans on fraudulence, then have them forgiven because, well you were lying when you obtained them, is just fucking ABSURD.
Not all debt can be discharged in bankruptcy. Sometimes, they restructure your paymemts to fit current income and protect certain assets. Since bankruptcy was denied, then none of their assets are protected from current creditors that are not being paid.
Yes I agree w/ Lisa et al, it’s absurd and yes, they did file Chapter 7 – complete discharge of their debts up to and including the date of filing at end of Oct. ’09. But I’m still more shocked they were given MULTIPLE opportunities to amend the petition, give oral testimony, under oath, to court and creditor meetings, through 2011, to tell the friggin’ truth on their true assets, holdings, bank accnts., & LLCs, the bulk of them created as a result of the new fame/fortune from BRAVO…..they forget? Was their cousin Vinny their lawyer? (nevermind, Vinny ended up out-smarting everyone – in the movie)! Their lawyer didn’t tell them their biggest nemesis, his ex partner, whose name was forged to rip off for about $500K, won a judgment against him for almost 300k, and Joe blew it off? Didn’t think he just might show up as a creditor during the bankruptcy hearing? Hell, the ex-partner’s lawyer’s wife showed up on the show!!!!! Just maybe, if Juicy would have had his wife pay that little debt, they told the truth about their newly acquired, traceable ‘assets’ after given all those chances, they could have avoided this indictment, beg for mercy, grovel to make civil restitution. But then again, I only saw Juicy Joe grovel once and it was on a cell phone in a different language, in a vineyard!
There’s speculation unknown 3rd parties dropped the dime assisting the gov’t with juicy details on the Giudices, but so far I’m leaning towards their arrogance and/or utter stupidity perhaps even bad, bad, legal counsel:
Filing bankruptcy to discharge about $11m including a time you don’t file or pay taxes? Hell, thinking you’re smarter than the Feds and that they won’t check around on ya’ while plastering your face all over TV, print, and internet media? Or maybe stiffing small time businesses/contractors in your home town while they watch you live the ‘good’ life on Sunday nights might make them a little irritable?
Greedy, arrogant, both of them. DUMB DUMB DA DUMB (not the marriage drum song:))
In the end for all the money they have “allegedly” stolen, hidden, and all the money they have been shown to spend, the filing of this bankruptcy: Priceless.
I’ve been trying to post this comment since Thursday night. Hope it goes through!
Here is another quote from Monica who was the atty for Joe’s business partner.
Wait a sec…Joe owned a clothing line like the Lauritas, and a gas station, like the Wakiles? Hmnn…I wonder how much of this ties into the dealings of the rest of the NJ clan, and how many of them are next?
I wondered the same thing. Interesting commonality. Wouldn’t that make quite the finale — the feds busting the entire case of RHONJ on RICO charges.
Melissa and Joe….you’re next!!
TOTALLY OFF TOPIC BUT BIG NEWS HERE IN NEVADA, OJ got parole! He will be staying in prison for other charges.
Isabella, I read that. I don’t quite understand. He has been granted parole but has to serve 4 more years. Damn, nothing is breaking his way anymore, is it? Bad luck couldn’t happen to a better person and I hope it continues to rain down on his ass.
Yeah, i wonder too. Kathy’s husband Rich is always on the sideline, laughing and instigating in all the drama. I’d like to see what he’s hiding.
Not sure what allegations are out there about the Laurita’s but Walkiles do actually own and operate several gas stations. Rich may be a misogynistic pig but he’s legit!
Nope mom. Richie actually was sued by Exxon for sending them bad checks. He didn’t pay for something like four months of gas delivered. The Lauritas defrauded a ton of investors including the Susan G. Komen (spell?) Cancer charity. They funneled money into phoney businesses and paid it out to themselves.
Question: were Teresa & Joe trying to discharge all of these loans in bankruptcy? Or, did they pay them or some of them back and are simply being busted for lying/fraud portion? Banks would have had deeds securing the debt, so the banks would have foreclosed on the property securing the loan to get repaid.
I think the bus throwing may have already begun. I found the following comment from Teresa very odd. As if only Joe has something to worry about.
“Today is a most difficult day for our family,” Giudice tweeted on Monday after the news broke. “I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me. I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career.”
Joe will do time, but I’m not so sure about Teresa. He would be willing and she would be willing for him to take the total fall if possible, imo. It will be interesting to see how Bravo handles all this REALITY!
Hmmmmmm… Remember that comment that Caroline made last year? Now it makes perfect sense. Something along the lines of Teresa throwing Joe under the bus and playing innocent? Does anyone remember exactly what it was that she said?
Joe won’t do time, he isn’t an American Citizen. He will get deported back to Italy. …Which is where he most likely has funneled money to live on. Teresa will continue on with her idiot fans rallying behind her after she throws her husband under the buss claiming innocence and ignorance. She will over spend her entire remaining 15 minutes of fame and then move in with her daughters.
@Lori ~ This is what Caroline said about a year ago:
“Teresa wants it all, and I think that the demands she put on him led him to make decisions that weren’t the best. And I think he resents her for it, and he’s going to pay the ultimate price for it.”
“Prediction: Something may happen where someone has to go somewhere. Teresa’s going to have to pull herself up on her bootstraps and take over. She’ll say, ‘You know what, I tried. I stood by him, but I have to divorce him now. And I’m gonna show my daughters what it’s like to be strong and independent on your own and survive. You heard here first.”
It looks like the jail time for Joe is right on, but we’ll have to see about the rest of Caroline’s prediction.
Wow! How did you know that?!? Anyway, I thought it was a bit more predictive than that, but still. Thank you!
@Grace, he will do time BEFORE being deported. It happens all the time. He’s not simply here illegally, he’s committed felonies that the fed will lock him up for.
She really thinks she is gonna walk away from all this,that they wouldn’t Dare blame and imprison Teresa Guidice.Hilarious, she is gonna rat everyone she can to get a reduced sentence.Let the Games Begin!!!
There’s nobody for her to rat about.
I love the excuses people are making on her behalf. She won’t go to jail – she has kids! She won’t go to jail – she doesn’t have a record! She won’t go to jail – she’s on TV! The Feds and the IRS do NOT eff around. They don’t bring charges unless they are ironclad. Some of these charges are on Teresa alone. They will both do at least some time. The Feds don’t care about reality TV or upkeep of Teresa’s tacky mansion.
WORD
They have to each defend themselves, thats why they have separate lawyers. They may try to scheme so that Joe takes the rap for some of it, but she can’t get out of hiding her income when she filed for bankruptcy..that was solely on her.
All I know is that if Teresa takes the stand, their goose is cooked. Between her inability to take responsibility for anything, her low brain cell count, and her habit of talking in circles… oyyy!
Tre on the stand would be excellent reality TV
I read somewhere recently (tmz I think) that Joe isn’t even an American citizen. Crazy stuff.
Awesome website btw, Tamara.
He was born in Italy and came here as a young child. Yet he had a US passport. Hmmmmm….
I have a US Passport as well. I married 5 American men, so you get one. Obviously they are not that picky.
Could it be that loan officers were helping the Giudices get the loans knowing the documents were false? Banks routinely request transcripts of tax returns and tax forms from the IRS to avoid scams like these. There is no way these geniuses would have been able to get loans at the bank I work in. The fraud would have been easy to see.
in trying to get me to apply for a loan, the bank loan officer definitely tried to get me to overestimate my income. he was going to fill the form out there while we spoke on the phone. i chose not to apply for one. my supervisor at ucsf was getting a mortgage for a lake tahoe property and that loan officer got her to say she had a private plane (she did not) to travel between SF and Tahoe. as far as i know that stayed on her application. so i don’t doubt shadiness on plenty of banks’ part, but for a person to fill out falsified and totally inconsistent loan applications/documentation at multiple banks clearly shows the onus on her/him for the crap they’re in now.
Were the loans through actual banks or mortgage companies. Some mortgage companies send representatives to your home to present and gather the necessary paperwork. When the loan is approved, you go to the title company to sign the final docs. The buyers and the loan rep. have every opportunity to manipulate the process. It isn’t as formal as in a bank.
some were banks others were mortgage companies
I think part of the problem we are all having is we are applying today’s strict guidelines to the loan process, this was back before the collapse of Lehman Brothers and the fallout. Back when loans were easier to get than buying beer underage. When we first started looking at houses, back in 2004 were were approved for double what we were approved for in 2010, even though our income was higher in 2010 and credit scores were exactly the same. Back in the early 00s they it was so easy to get money.
Times were way different before 2008. Loans, mortgages, etc were impossibly easy to obtain. In a lot of instances they didnt even bother verifying income to give someone a home loan. That’s how the debt crisis came to be.
Oh…no sympathy here…there are consequences to unlawful actions….they knew what they were doing…shows how dumb they are…how do you forget your lies and then file bankruptcy….
I hope the Feds are investigating other people on RHNJ. Especially Joe and Melissa. I’d like to see what’s in their background.
I also think that Joe and Melissa are probably guilty of similar crimes. I remember on one episode, maybe last season, Joe Guidice saying that he taught Joe Gorga everything he knows and that’s why Joe Gorga has everything that he does.
I do not think that there are any clean hands in that family and that extends to Kathy and Rosie’s branch as well. Have you ever noticed that when Teresa gets cornered, or she is lying, her voice goes up several octaves? I have a feeling that when it comes time for her to work out a plea deal, she will start singing and throw anyone and everyone under the bus.
I think after JG serves his time he’ll be deported since he’s not a citizen.
Thanks for the breakdown. This is quite serious!
At some point a few years ago, I stopped watching NJ housewives. Same story, different night. I must say that I am confounded by how loyal some of you are to Tre. It is so obvious that she was in, as we say in the deep south, whole hog. They’re going to jail, the banks were not helping them commit fraud, and they are idiots. Someone above mentioned that Lauryn Hill had 5 children and she is in jail TODAY for much less than what Joe and tre did.
Exactly. Being “stupid” and having a litter of kids doesn’t mean you don’t qualify for consequences for your blatant and egregious theft and fraud!
We will see how justice system really works. Lauryn Hill tried to do the right thing by pleading guity and repaying the money. She hoped they would be lenient because of her children.. Teresa will not be pleading guilty and the prosecution will have to prove the case.
The more documents I read, the worse things are for Tre. First of all when the bankruptcy was back in 2010 they knew the reasons the bankruptcy was denied was because they lied A SHITLOAD about their assets. One thing that was not mentioned in the current 39 charges that was reported to them back in 2010 was that Tre got a $250,000 book advance for Skinny Italian and did not disclose that, plus they did not list their vehicles on the asset sheet. It’s just a whole list of blatant lies. But my point is THEY KNEW THE SHIT HAD HIT THE FAN IN 2010. They have just been waiting for the hammer to fall.
So basically, Tre probably did lie about her friends and relatives in the cookbooks, tabloids and magazines just to help sales. She needed, or knew she would need the money. If they can pay IRS what’s owed they can stay out of jail, like Wilie Nelson, Nic Cage and Martha Steward. Martha went to jail for insider trading, but avoided being jailed by IRS because she paid them. Unfortunately, the IRS isn’t their biggest problem.
I think Tre and Joe will both go to jail, for a long time. Hmm, greed is a biach.
Lol. An alternate title for this blog could be “but wait-there is more.” I have to say it is astonishing the amount of charges they have levied against them…they didn’t just do this one or two times, this was a way of life from them. Joe is def screwed bc of his DUI on top of all of this, but Teresa better hope she can plea deal. Her parents are too old for those 4 rowdy girls, and you know that’s who Teresa will pick for them to go to of she has to serve time. Listen, Casey Anthony got off so in my opinion, anything is possible where Tre getting off is concerned.
I agree if Casey Anthony got off anything is possible.
TamraTattles is Gone with the Wind Fabulous. Love this info and site.
OK, I am shocked that Juicy is not a citizen. I feel certain with all of his criminal activity that he will be deported……..
Tre, said first season she only deals in cash which raised my eye brow. She had no respect for money because she wasn’t working to earn it nor was her hubby which explains her behavior of spending countless dollars on worthless items. The case is an example of how some can default banks while others can’t get a seat in the loan office.
Just one more thing : Attorney costs for these two for legal representation are ENORMOUS.. …with help from ALL family members probably cannot afford to continue holding off the inevitable this time….. Anyone know what assets will be seized?????
Since they withdrew the bankruptcy petition, can they still be prosecuted for it?
They DID NOT withdraw the bankruptcy petition. It was DENIED because they LIED THEIR ASSES OFF. That is when charges started being made, IRS was brought in, Bank Frauds were discovered, etc.
I am not sure I believe the media about Joe not being a citizen. I think because he was born in Italy and is an Italian by birth, that may have been turned into “he’s not an American Citizen!” by the media. It’s possible that he is not a US Citizen, but I have not seen sufficient proof of that yet. He could well be a dual citizen.
Joe’s Atty confirmed that he is not a US Citizen but is living in the states legally, his status is a legal permanent resident.
Bet he is wishing he applied for citizenship now….
James, I read today that they commited fraud on $5 MILLION with a capital M. There is no way they can repay that amount of money in this lifetime. Love the comment about no matter where the children are, Gia will take care of them. I so agree. Poor little thing. Having been the older sister of an alcoholic brother, I can’t begin to explain the internal desire to protect your sibling, no matter their age. I continued to rescue my brother until he died. Truthfully, I’d do it all over again if I could just have him back. When I lost him, it felt like I lost my history; we knew it all together. Guess we should all start sending goodwill to Gia and her sisters.
Gia may be well be aware of her parents’ criminal activity. I’m sure lots was discussed at their home. She always looked sad, accept when she was dancing or taking acting classes. I think she’ll be able to rise above all of this when she’s older and make better choices.
Looks like Joe (and I am guessing his parents) have made themselves quite comfy in America for decades and cannot be bothered to become American citizens in all of that time…shame on them
Jr. L, it just sank in on me that his non-citizen ass has already been to jail in the US and we didn’t kick him out. So much wrong with this country. The NY Post has a couple of hit pieces on them today.
Normally you only get kicked out for a felony, he spent time in jail for a misdemeanor. One of the NJ papers had a really interesting article about the fact that he should be hiring an immigration lawyer first, because that is his biggest problem right now.
Correct. A felony makes them pay attention to immigration status. I just get ticked by folks coming here (even legally) and living for decades and not making any moves towards citizenship.
Why? You have a problem with me living here as well? I will never become a citizen yet I speak your language, I pay taxes both here and in Finland, I drive, I pay insurance, I contribute. Just what exactly do you have a problem with in foreigners being in the US? Oh wait, I am sure the native Americans felt the same way about your ancestors.
Why do you not have dual citizenship then? You state very firmly that you will never become a citizen here…Wow! If I were to move to your country of Finland for an extended period of time (or perm.), I would gladly learn the language AND become a dual citizen to show my gratitude to my adopted land. I am only second generation “off the boat” and BEFORE my grandparents could even board the boat, they had to have multiple sponsors, jobs lined up and a place to live lined up. They learned the language and applied for citizenship as soon as they were eligible to do so. About half way through the process, my grandfather got drafted into the war by his native country…soooo, they packed up, went back to their country, and he served in the war. When the war was over, they had to reapply for entry to America, had to have the sponsors, jobs and a place to live lined up ahead of time all over again. They started the citizenship process all over again and became citizens of this great country….and I am grateful everyday that they did. The Native American argument does not really hold water with me because I do find what happened to them to be horrifically tragic, but I nor my ancestors were no more directly responsible for that happening to them than you were…but thanks for playing.
Yeah, um whatever. I won’t become a citizen because I won’t be living here forever. I think Finland would love to have you though, go for it!
While I do not see a move to Finland in my future, it is actually one of the places on my list that I would like to visit.
I would highly suggest you do visit, they simply adore uptight white women that travel by broom. You will fit right in.
Aren’t you just the funniest thing? Stay classy, Isabella.
Daily Mail (UK) website is popping them pretty good today too.
I was just reading the Daily Mail article on the house, they did not hold back on what they thought of it. Loved it!
I know this is wrong place but I could not find spot to reply to JR. LEAGUER and I hope she is able to read this. I want to apologize for my comments to you, it was not nice and I am sorry. I was bothered about the non-citizen comment and I way overreacted. You would love Finland and we would be very lucky if one day you did visit. I am sorry I was rude to you.
I feel so sorry for her parents and children
Theresa may have thought Joe would take the fall, but I don’t think that’s gonna happen. Also think there’s more to this story. There’s no way all those financial institutions could be that “stupid.”
Am I wrong or did Tre not say at one time (maybe 1st season) that her father helped Juicy build his construction business (um G&G Stucco)? Maybe I’m just old and my memory is not what it use to be. However I do believe Tre (regardless of what Mel says) when she sd Juicy helped Joey get started. So it would not surprise me if Joey has not done a few of the same things. Remember Mel sd she used to help with the books as well when they were first married. I do think someone helped Juicy learn how to do this, he just doesn’t seem smart enough to cook all this up. I think the Gorga’s & the Lauritas are just as crooked but like one person above sd Tre and Joe tripped themselves up by filing bankruptcy AND lying while filing. If they hadn’t filed none of this would probably be happening right now.
I do feel bad for those girls and for people say “well they didn’t think of the children” I say “no they didn’t but that doesn’t mean as decent human being I can not help but to feel for them”. I only comment on that because I read a comment above that sd that. I think most of us all agree the losers in this are the children.
From FOX http://www.foxnews.com/entertainment/2013/07/31/teresa-giudice-case-could-get-messy-for-bravo-housewives-franchise/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxnews%2Fentertainment+%28Internal+-+Entertainment+-+Mixed%29
Teresa Giudice and husband Giuseppe “Joe” Giudice may not be the only ones losing sleep over their latest trouble with the law: their costars on Bravo’s “Real Housewives of New Jersey” and the network itself could get wrapped up in their legal woes.
Because Bravo is an entertainment network — and not a news agency — it likely does not maintain any First Amendment privileges, meaning execs and personalities from the network may be called to court, New Jersey-based attorney Darren Del Sardo told FOX411’s Pop Tarts column.
“Employees filming for Bravo can certainly be called as witnesses to establish that the Giudices were perhaps making large purchases in cash during the time of the bankruptcy,” he explained. “The network could also be called as a witness to support an increase of anticipated income paid by Bravo to Teresa that was not disclosed in her bankruptcy filing. In addition, they could be asked questions regarding the Giudices’ business operations that Bravo followed at the time of the filing.”
According to another legal expert, who wished to remain anonymous due to associations with the network, it’s a big problem that Bravo filmed the Giudices talking to their bankruptcy attorney last year.
“There is a chance that there is raw footage, which didn’t make the air that could be incriminating. Federal investigators will likely want all of what was shot to see what Bravo and others involved in the production knew, and how much did they know. The question of co-conspiracy, even unintentionally, could be raised,” the source said. “And filing for Chapter 7 is no light issue. It’s odd that they were able to continue living in that opulent mansion and living such a lavish lifestyle when they were in that kind of financial ruin. Who was paying for it? Were their show payments going directly to them or their trustee? Their bail was set particularly high which is unusual, and suggests that there is much more to come.”
Teresa opened up about her financial woes in one of her BravoTV.com blogs written during Season 4 last July, calling the bankruptcy filing process “a nightmare.”
“If you have (filed for bankruptcy), you know exactly what’s going on and why and how terrible it is. And it takes a long, long time,” she wrote. “As you saw in our lawyer meeting, we withdrew our petition for bankruptcy and are paying our creditors back.” (TT note: We now know this was a lie, they were not allowed to file bankruptcy because they committed FRAUD during the process)
Teresa also hinted that their money problems were far from behind them.
“It’s…still…not…final. I’m so sorry I can’t talk about it in detail (again!), because it’s not done, but the day it is, I will write a book and tell you all about it, I promise!” she continued.
However, she now faces writing that tell-all from behind bars. The most serious charges Teresa and her husband face are bank fraud and loan application fraud, which carries a maximum potential penalty of 30 years in prison and a $1 million fine.
Still, these issues are nothing new for the couple. Their financial woes have been featured throughout the popular reality television franchise.
“The first season Teresa just seemed really rich and they spent a crazy amount; there is one scene where they pay to furnish their huge home all in cash,” one entertainment industry insider connected to the popular franchise recalled. “They filed for bankruptcy in between Season 1 and 2, they mentioned the bankruptcy but it seemed Teresa was in hard-core denial about everything and just continued to shop and live the life.”
With the exception of the reunion shows, the fifth season of the “Real Housewives of New Jersey,” which premiered in early June, has reportedly completed the filming process, so none of this new off-camera drama is likely to make the airwaves anytime soon.
“It is unlikely that Bravo would be named in any criminal action. However, Bravo may be concerned that someone may infer they knew of the false representations made in the bankruptcy filings by the Giudices with regards to any anticipated income and failed to take the appropriate actions to correct the misrepresentations,” Del Sardo said. “Bravo is most likely discussing this matter with its attorneys to make a determination if the recent charges are grounds to terminate its contract with the Giudices. Bravo may [need] to release them from the show after these charges.”
Bravo declined to comment, and the United States Attorney’s Office, District of New Jersey, was not immediately available for comment.
I smell spinoff! If Andy was idiotic enough to give those facocta airheads from Long Island a show…then TRIAL, BY BRAVO cannot be far behind.
How about the Bankruptcy of the Real Housewives? Or better yet All the Lies of the Real Houswives? That is the True Reality.
Darla~ They would have to make that show longer than an hour. 🙂
I would love to see the bankruptcy papers to find out all their creditors besides the Banks.I imagine theyhavebeen living on credit cards which probably aren’t included in the 39 count indictment.i really wonder how many payments they actually made to the fraudulent loans.Wow,it makes one wonder how many other people are out there that have done the same thing.
90K in CC debt to Nordstroms, Bloomingdales and….Lord and Taylor.
Over 7 million in UNSECURED debt.
90K in cc debt seems awfully low for Tre.She probably has credit cards in other names or even in her children’s names or her parents names.90K just seems low.I wouldn’t put identity theft past Tre and Joe.How is it they are still in the Faux Castle? I wonder if all that sausage is still in the garage?Hehe,that was a funny,strange scene. All that sausage hanging in the garage. That was probably the next Guidice venture,Italian Garage Sausage. Lol.
Remember she used cash to pay for many purchases.
Where is Cher? Dancing in the streets?
I am now thinking back to the scene where Teresa and Jaq had that big fight on the deck. My gut is telling me that perhaps it was really more about all of this and maybe Jaq being nervous of how much Teresa is (or is gong to be) telling the feds about other cast mate’s (her and Chris’s mostly of course) similar crimes to get herself some lenuency. The feds should look into the footage on the cutting room floor from THAT scene!
*leniency
Good point Lori.
The Feds are going to be looking at all the unedited footage from all the seasons and will use whatever they deem appropriate as many who have commented on this in the media have said. Unless there is indication that Chris Laurita lied in his corporate bankruptcy petition they will not interested in much beyond what they can use in their case against the Giudices which they are prosecuting. The Feds are not prosecuting he Laurita;s for anything so there is no reason to look at it from that angle. It they need to go back to the footage in the future they can.
I have not heard they actually ARE looking into footage, but it has been said that because Tre and Joe filmed meetings with their bankruptcy lawyers that footage could be demanded. That would be very interesting.
The Laurita’s bankruptcy is not a personal one as is the Giudice’s. Very different and I doubt Teresa would know much about Chris’s business dealings except peripherally and would only be hearsay which won’t matter much.
Filing personal bankruptcy is very very different and then when it is either denied or waived as was the case for the Giudices because of knowlingly making fraudulent statements it turns into what we are seeing now. They were caught withholding informantion on assets not once but multiple times which caused the Trustee to file a lawsuit against Teresa and her husband claiming that they had knowingly and fraudulently made false statements under oath. Additionally, that their original bankruptcy petition was not even close to being a full disclosure.
The Laurita’s will not have to face the same things for a number of different reasons no matter how sleazy some might find their actions.
Forgot to add that unless Jaqueline is a director of her husbands company then she won’t be involved at all, just because she is his wife doesn’t mean anything.
I want referring to things that are already out there, I was meaning that they to may have some shadier stuff as well.
Well the Lauritas defrauded a cancer charity and funneled money through different business entities…about as shady as they come. I don’t think anyone on this show has clean hands.
@Tango, perhaps that is true. Nothing has been proven yet and no charges have been brought so only time will tell how that will turn out. Shady dealings unfortuntely are common in business and shouldn’t be allowed but so far they haven’t been charged with the serious crimes as the Giudices have.
For people who publically profess to loving their children they didn’t take them into consideration all the years they were perpetuating their crimes. Their need for attention and wealth superceded all and the their priorities seem to have been skewed. Sad.
They did this to themselves and is no one’s fault but their own as much as others want to blame and/or equate others.
Of course it’s their fault. No one is blaming the Lauritas for anything but their own muck. I don’t care if it’s federal yet or not, fraud is fraud, theft is theft. It’s just so painfully obvious that ALL these people are crooked. I think Rosie is the only one to not have done some type of fraud, lol.
And I don’t find it tasteful to say anyone who commits a crime doesn’t love their kids. Of course they love their kids. This shows they have a disregard for the system and through stupidity and greed messed up their lives financially, but I doubt they were thinking, “forget the kids”. People make bad choices and do bad things all day every day, and still love their kids. They didn’t think it would catch up to them or add up to this serious of a charge, and did not forsee prison, or they would not have done it. Most people this in trouble have mental issues, denial or a skewed perception of reality.
@ Tango, don’t twist my words. I didn’t say they dont love their kids did I? I said they didn’t take them into consideration while perpetuating their crimes. With both parents culpable there was the chance both could face incarceration and in this case, one could be deported keaving them without parents. This from the woman who cries on TV how important fambly is, and how they come first, her girls are her everything. yada yada. Their priorities were skewed…fame and money apparently came before the security and well being of their family.I don;t care what their motivations are/were or what you speculate, the bottomline it is another example of the person tries to portray on TV does not resemble the person in real life or her children would not be facing the possibility of loosing their parents. She didn’t even consider she was going to jail because she was too self-absorbed, arrogant and egocentric and she couldn’t see past her own nose even when the writing was on the wall.
As for the Laurita’s, have they been indicted for a crime? Until they are it is alleged they did this but nothing is proven. I honestly don’t know because I don’t follow them but unless there are charges against them they did nothing worse than many others including people like Donald Trump have done over the years no matter how sleazy it is.
@lori. good point. looking back on that scene it seemed like a set up…like Jaq was trying to get Teresa to admit that she never talked to Jaq about any of her financial dealings. It was weird.
Forgive my comment here, this is the stuff REAL “reality shows” are made of… so leaving out my Father’s tongue (because I can not spell it in Italian) but I can say this is “one” exact example of why all of my family Uncles said to (us) 32 grandchildren (in Italian) why “You Don’t “Shit Where You Eat !”
Mangia! Mangia!
Ha ! Bobbi – Yes… the sauce is the best “Cure-to-All-Things” wise. LOL ! 😉
This is clearly just a indicitive move on Chris Christie’s part over Tre’s lapband comments.
Ha! Ha!
I have no doubt that the Gorgas probably falsified info on mortgage loan apps. I find it hard to believe Joe Gorga pulls in at least a million dollars a year, which is what he would have to show in income to get a 3-4 million dollar mortgage or more for that McMansion. When I said the Gudice’s are gonna rat on others I meant that they maybe pressured to rat on others to get a better deal from the Feds.The Feds won’t need their info though because they can get everything they need for fraud case from the Banks and IRS.I just won’t be surprised if others are indicted for the same thing.
Just looked at indictment to see more details on the types of loans involved. Here’s the breakdown: 4 mortgages ($121,500 -2001; $20,200-2004; $141,400 – 2005; $1.72MM-2008); 2 Construction Loans ($800,000-2005; $1.7MM-2008) and 2 HELOCs ($251,360-12/05, $170,252-2007). Bankruptcy filed on 10/29/09; denied (via consent order) on 12/7/11. Note: TT only one I’ve seen to accurately report Tre did NOT withdraw petition – HUGE difference. In addition to bank, wire & mail fraud, they are being charged with giving false sworn verbal testimony (4 different times) to federal bankruptcy court, providing false information to bankruptcy court (despite 3 amendments to filings) and false declarations (like affidavits). Feds are also seeking “forfeiture” of all property obtained via fraud in addition to jail time. Specific allegations of Tre lying under oath at bankruptcy hearings…Not good!
TT broke it down for everyone alreadyway up above.
Thank you. lol I keep reading things I thought I spelled out pretty clearly in the post. I am glad to see y’all commenting though so I was just not going to say anything. I am in a bar listening to hotel California in nearly pitch black darkness (it’s a pick up bar( so excuse my numerous typos for the next hour or so…
Normally when both parents are convicted. The mother serves her time first then the father. So the kids can have one parent at home.
Where? I’ve never heard of that before.
As for jail time, if they are both forced to serve they may allow them to serve like Lea and Andrew Fastow (Enron) did. He served while she took care of the children, then it was her turn.
Tamara: from your sources, is Teresa really THAT stupid? I know she’s stupid but is she really completely stupid?
My sources say yes. My sources are NOT tre huggers AT ALL. I haven’t had enough Internet or phone to talk to them about all of this but I am sure they would not comment anyway. It’s like pulling teeth to get info from them sometimes. 🙂 Unless they want some thing to get out.
Most people who commit crimes, don’t think about the consequences or going to jail! The law is for honest people. Criminals don’t care about the law! Anyway, these are indictments/charges and have to be proven in a court of law.
“Anyway, these are indictments/charges and have to be proven in a court of law.” – No, really? Wow.
Thank you for saying that! They’re obv not completely innocent, but the general consensus seems to be, ‘burn them at the stake!’. They’ve yet to be convicted of anything. I’m no ‘tre hugger’, but damn! In my opinion there are far more shadier crimes, like ripping off a cancer charity *cough*, or embezzlement. It appears as tho Tre and Juicy tried it, got away with it, and got bolder.. Thus, snowballing into this mess.
It seems, when Tre finally realized they were in deep shit, she really started to peddle her products, prob hoping if they could make some payments, they’d be ok. (desperately hoping). At least she made some sort of effort.. eventually lol
People just need to calm the hell down! All the animosity takes the fun out of reading about this f*ckery lol
My reply was to Katrina.**
I really hope they do serve time. If they get away with it then others will think they can as well. Ter and Joe probably thought after the first loan was so easy to get, they would just continue. I still find it hard to believe that none of those W2s and tax return were verified by the IRS.
Is there any truth to the report that Joe stole a notary seal that his secretary had? Apparently he fired her and then used it to forge many of the documents that supposedly T. signed, but were forged. The secretary asked for it back, but he said he threw it away. He didn’t. Just read that today and didn’t know if it was true. Apparently he admitted this a year or so ago when the bankruptcy was declined.
I too think both should spend some time in the pen. but this might be why T. will be pleading innocent of charges.
Nothing produced would need a notary… at least as far as w2s and tax returns etc…
Thank you. I was speaking of loans made etc., but I did find the article. Looks like he forged her signature on just about everything.
I appreciate your note.
just read this on Radar Online…Is this a typo? Teresa’s own attorney is giving negative statements about Tre to tabloids? I get that it is RoL but even when they make shit up, they don’t QUOTE a named person. ESPECIALLY AN ATTORNEY!
“What do Teresa’s friends and neighbors in New Jersey think?
“Everybody around her knows that they’re sleazy,” Teresa’s attorney Monica Chacon tells RadarOnline.com.”
Okay, there is no way that Monica Chacon is Tre’s Atty. She is the one that was thrown out of the party that one season because she was the atty for Juicy Joe’s former business partner who sued him (and I believe won) for forging his name on documents.
This refreshed my memory, an old post from Celebrity Magnet.
“Kim G. did not invite me to Melissa’s party,” said Monica Chacon, who is outraged over having been set up for a public fallout. “I went as Kim’s guest after a producer of ‘The Real Housewives of New Jersey’ invited me to a charity event, supposedly with the consent of the hostess, Melissa Gorga.” I was also assured that Teresa would not be at the event since she and Melissa did not get along. Without getting into specifics which are irrelevant at this point, Bravo should be ashamed of themselves for setting someone up who did not sign up to be a part of the show or have a venue with which to defend myself. There are always three sides to every story. But as far I knew, I was simply going as a guest to a charity event. It is unbelievable how everything unfolded.”
Monica is apparently trash talking them… but in the very next sentence RoL correctly identifies their attorneys
“Teresa’s attorney, Henry Klingeman, told USA Today that she will plead not guilty to the charges and Joe’s attorney Miles Feinstein said they “profess their innocence… A coin has two sides. There is another side here that you haven’t heard, but you’ll hear in the courtroom.”
They also still owe Joe’s former business partner, Joe Mastropole, $260,000 for forging his name on a mortgage discharge.
This is going to drag on for years. Federal court moves slower than anything and you can get a continuance very easily. They could also plead out, still do jail time and pay fine. Everything will be taken, all assets sold, basically, life as they KNEW it is over. Still wondering how they are going to work this shit into reunion.
Oh shit. They haven’t filmed the reunion yet! I totally forgot about that. RHOOC reunion filmed today.
Tamara! That is so unlike you!
RHOC filmed reunion about 2 weeks ago.
I agree. I also wonder how Teresa is going to support herself down the road. So far no liens on her but that may come shortly down the pike and no one is going to touch her with a 10 foot pole for new endorsements. Her salary for the HW’s is there but again, this is a long process and once that dries up, which will be quickly with her legal fees.
She was lobbying for a spin-off but that is not going to happen and she is too much of a liability for anyone to associate with her. Even Nephcure is wondering how to handle their association with her based on the number of counts against her and her egregious disregard for the law. No non-profit wants to be associated with that. Maybe Trump will come to her rescue?
T better get herself used to living in a pre-used home whether she skeeves it or not, because they aren’t going to build a new cell for her and even if she doesn’t see jail time, she isn’t going to be able to afford much in the way of housing once they sell the mcmansion.
She better dust off her degree from Berkeley community college and try to get a sales job at Macy’s
Oh God. I forgot about Nephcure.
Huffpo is claiming she will film the reunion which will take place end of Aug/beginning of Sep. They quote an unnamed source via In Touch so take it wth a grain of salt.
Ummm, (yes, I am umming you again) that’s funny coming from you for a number of reasons but in any case I don’t care what your useless opinion is or anyone else’s who misinterprets what I wrote. What you think and what I know are two different things, Carry on. 🙂
Ummm, what’s funny is that you just told yourself that your own opinion is useless! Carry on. 🙂
Lol Bobbi!
Jackiesmom, “For people who publically profess to loving their children ..” Those were your words. The insinuation being they don’t love them as much as they profess. And yes they may have been in denial or have mental problems, much like Jaqueline’s. As far as I have seen Jaqueline doesn’t have federal counts, she is being sued by investors. She did have a large amount of back taxes a bit ago that I believe they paid/settled. The entire cast has shady behavior, saying Jaqueline’s is better than Teresa’s is just silly. They both used money fraudulently. Just because your fraud is in civil court and another’s is in federal doesn’t make you better.
Tango, do you have reading comprehension problems? Do the little voices in your head tell you things that aren’t there? You continue to misinterpret what I wrote and now you are making things up.. Read what I write again s..l..o..w..l..y. . I said nothing about Teresa not loving her children nor did I insinuate anything. Then you wrote: “Just because your fraud..” What fraud is “mine”? I am not being sued by anyone. And last but not least, who said anything about “better”? I haven’t perpetuated any fraud so “mine” isn’t worse or better…it is non-existent. You are trying to compare apples and oranges if you are trying to compare the Laurita’s problems with the Giudices.
As for Jacqueline’s mental health, unless you are her health care provider you don’t know if she has any real problems or not. If you are, then you shouldn’t be posting confidential information about her on the internet and if you aren’t you are making an assumption and speculating on something you know absolutely nothing about just your own opinion because you don’t like her or her behavior. If she paid back any arrears she had in taxes then she is all good. So far the Giudices haven’t and aren;t. I don’t know the details about the Laurita’s problems and you probably don’t either , so you can speculate all you want but based on your comprehension difficulties and your uncanny ability to twist things and/or make up things I am not sure how much, if any, is accurate.
JEEES-SUSSS H. CHRIST. Semantics. I too, read your comment as insinuating they do not love their children, as they “profess”. If that’s not what you were getting at, what were you implying?
Reading comprehension.. it appears tango was using the word ‘your’ in the general sense.
This is not a certain stoopid blog..
Thanks CCMA. I especially love the “voices in your head” part, lol. Calling someone nuts and lacking in reading comprehension, while you write a long rambling post after you totally missed the point….hey, could it be Jaqueline herself? Lol
Lol, do I have reading comprehension problems? You just misunderstood my post…oh irony. Of course I am not speaking to YOU dear as I don’t know what fraud you could have in your life…oh nevermind. It’s obvious you are either in love with Jaqueline or just a bit overly invested here, with your long rambling posts. Anyone that has to continuously argue on lush Jaqueline’s behalf is either related to her or nuts like her…have you been drinking Bailey’s for breakfast too? Lol.
Jakie’s mom sounds very very very dim.
Tamara your posting was simple, easy to read and clear. I have been so confused with the other blogs, trying to understand, what Joe and Tre did. Joe and Melissa will be next, their fake construction business will catch up with them. It is well know that in New Jersey and New York that most construction and trucking businesses are used, for money laudering.They normally send a red flag, to the Feds.
When they showed Joe and Teresa at the bankruptcy office, didn’t joe admit to forging teresa’s name on documents? Can she actually feign ignorance at this point?
kh
PS: I was reading at the Daily Mail (UK) that they still owe the fertility clinic 12K. Idjuts.
I can see them getting away with stuff like that during that era… I mean the banks were practically giving away money and credit. But to lie and get it, man…if these two don’t get time, there is no God. Joe who should have been in jail months ago, is still out after falsely using his brothers id to get a licence? Give me a break. And Bravo, you better not bail these two morons out…they both deserve everything they get….and so do the banks that gave them loans!!
Worse.. they lied to get it, spent it and hid it, and then lied again to get out of ever paying it back.
kh
They had to have known this was brewing. When you don’t file you’re taxes the IRS comes knocking. All of that probably triggered an audit. You don’t know that you’re under investigation until you get a big white envelope in the mail that says you are no longer the subject of a criminal investigation by our office for specific years.
Jeeeesh! I left the country for a couple of weeks and I return to numerous scandalous posts which I will eventually be posting too! For the love that is all holy TT, I need to keep up with you while traveling! Side note: Might I add…”I called this previously! Theresa has been, obviously still is, and most likely will continue to be a lying c**t (btw… the later descriptive term being one of “endearment” from her loving, criminally oriented, and morally shady husband). I recall back in season one her quick and evasive explanation of why paying cash for the thousands and thousands of dollars spent while shopping for furniture to decorate her lavish home being built. That always struck me odd! Theresa Guidice and pathological liar appear to be interchangeable. :/
And you changed your site… thought I was lost LM~effin~AO
Didn’t see a new heading for RHONJ so I’m commenting on tonites show on this thread (hope thats ok) Starting with the Manzos, don’t know if it’s the editing or what, but they all seemed very “uptight” tonite,especially Albert sr. I like Rosie and think she looks good in her makeup and really like her haircut. Jac and Tre—-I liked the blouse Tre had on, it reminded me of those sparkly liquid blouses we wore back in the 70-80s (disco). But Tre was just as delusional as ever.I don’t know if this was filmed way in advance of what has already transpired (the legal stuff) but I don’t that would make any difference anyway, because Teresa will never take the blame for anything. It like she lives on an “alternate universe” or something. And lastly it would appear that Juicy Joe and Tre aren’t the only ones with mouthy kids….”congratulations stupid” ala Lil’ Geno on his dads’ billboard pic. What kids DO that? I know if mine had even thought responding to me (or their dad) in that manner, they would not have made it to adulthood. IJS
why has it takentthe court so long to try Joe on the driver’s licence fraud convictions
Oh and thank you so much Tamara…you always give the best and most accurate T!!
Joe is definitely doing time for not filing taxes. And After reading this again (lol) Teresa is definitely doing time. Even if Joe takes the fall for the bank fraud charges (counts 1-11, Teresa won’t be able to get out bankruptcy fraud charges (Counts 12-34) because it was her responsibility to report all of her income and be truthful and forthcoming with all of the required information. Also I read on some blogs that they withdrew their bankruptcy filing because Teresa was making more money, now I’m reading it was denied by the court…which is it?
Bankruptcy was denied. This is probably what triggered the federal investigation.
Update: To Allow Fellow TT Followers
Hey everyone!
I have been in contact with TT. She is not feeling well and asked me to convey a message to all her loyal followers. Due to her illness coupled with internet issues she is a bit overwhelmed at the moment. She has not forgotten about any of you. I fear the stress of not being able to do what she does best, writing and interacting with you all has not been advantageous in her recovery. Please be patient, knowing she will return as soon as possible to dish the tea, internet willing. On a personal note, our hearts are with you TT and we anxiously await your return, which I am sure will be in next to no time. 🙂
Thanks Sammiejane! I was wondering what happened to TT. I hope she will feel better soon miss her! Meanwhile, whenever I get the chance I will be on here posting about the shows I care about and I’m sure everyone else will be too!
Everyone that feels sorry for those kids, um, have you seen them? They are spoiled, rotten, self entitled little brats. The best thing for them us to move to a home and learn real values and discipline before its too late. I am shocked by how nasty they are and people think its darling. Not really.
First, I hope that Tamara is doing better and that the computer issue is cleared up.
Second, I’m new here.
From what I can see, this (I believe) is the way that most of the people of NJ feel about these two scoundrels. I don’t want to start out by saying that I think that they’re notably bottom feeders of extraordinary depth into the dregs of sludge, but, what can I say. That’s pretty much what I think.
I thoroughly appreciate the way that this information has been presented. What Tamara has done to explain clearly what the counts are in the indictment is VERY enlightening.
I am a teacher for students with all sorts of challenges/handicaps/disabilities/etc. from PreK up through Middle/Junior High school.
I’m from California but please don’t hold that against me.
Thanks to Y’ALL, Very Much.
Welcome to TT!
Thank you so Much!
what did they do with all the loans and advances and lines of credit ? is that how they paid for teresa’s breast implants and fertility treatments ? surely they didnt do the loans to make themselves appear rich to get on RHONJ bc RHONJ didnt exist then as they starting their fraud in 2001. so I’d like to know what made joe and teresa start their scheming ?
i think teresa’s parent will take the 4 daughters.
Who fakes w2 forms and applies for loans multiple times? This is why she is so bitchy and anti Mellissa. Tre knew about her skeletons in her own closet and was very afraid of being exposed. Hope she goes to jail because if I did the same and acquired massive amounts of money I’d expect to go to jail.
Crapballs! I didn’t know it was THAT bad!
This shit is so crazy I can’t even sense of all of it.