LOS ANGELES (LALATE EXCLUSIVE) – A Joe Giudice prison term is being sought by prosecutors stemming, from among other things, Joe and Teresa Giudice’s Bravo RHONJ salary statements, LALATE can exclusively report. Tonight RHONJ fans might be left with more questions than answers from the Real Housewives of New Jersey 2013 season finale and the Watch What Happens Live telecast. What did Joe and Teresa allegedly do, what does the 39 count indictment state, could Teresa and Joe go to prison, could Joe get deported, and what alleged fraud is the government claiming? Tonight Andy Cohen can’t get a clear answer from the Giudices even when asking them how many years in prison they face in discussing their 39 count indictment.
But LALATE can report that one of the key issues in the criminal case is how much money did Teresa Giudice and Joe make on RHONJ and how much they told a court. Documents obtained by LALATE indicate that Teresa allegedly understated her income to defraud a bankruptcy court. “On or about June 5, 2009 and August 27, 2009 defendant [Joe and Teresa] signed agreements in connection with then upcoming Season Two of the Television Show whereby they would receive approximately $110,000 in compensation.”
There are far different allegations against Joe then against Teresa. The government asserts that, years before joining Bravo, Teresa allegedly committed loan fraud, allegedly fabricating income, W2 statements, and more to get home loans that should not have been given. When she was then in bankruptcy, she and Joe allegedly did not disclose other assets.
Prosecutors are claiming Teresa was involved in an alleged “Scheme to Defraud.” Prosecutors assert that “Beginning on or about October 29, 2009, and continuing through at least on or about December 15, 2011, in The District of New Jersey [Joe and Teresa] devised a scheme and artifice to defraud by means of materially false and fraudulent pretenses and reputations as part of a bankruptcy proceeding.”
Many of Teresa’s businesses are issue are the ones shown on Bravo. “Defendants never disclosed the TG Fabulicious business, the TF Fabulicious Bank Account, the TG Fabulicious intellectual property, the Name Brand business, the Name Brand Bank Account, the 1601 Maple Avenue business, the 1601 Maple Avenue Bank Account, the Turbo Fuel business, the Turbo Fuel Bank Account, the Rental Property Lease, the Rental Protect Income, Teresa Giudice’s true income, and their anticipate increase in income.”
Joe, prosecutors claim, misstated his assets during the bankruptcy and misstated his Bravo income. Tonight Cohen asks Joe how many years he faces in prison. “When I heard that these charges carry a maximum of 50 years in prison — ” Cohen starts. Joe interrupts and states “I think it was 50 years for each [count] or something.” When Teresa says it is not, Joe is left unsure.
In total, 39 counts are at stake. Teresa has told news “we look forward to vindicating her.” Joe Giudice issued a separate news statement after his arrest calling “today is a most difficult day for our family.” For more about the case click HERE.