Live Chat
During This Challenging Time

We are open for business and remain dedicated to your case! All those working on-site and remotely are still available to answer your questions. The well-being of our clients and staff are vital, so we will provide updates as the situation progresses.

During This Challenging Time Close

“Real Housewives” Stars Indicted on 39 Counts of Fraud

July 31, 2013

Lying, concealing, or omitting information during bankruptcy can have serious consequences – just ask Joe and Teresa Giudice of New Jersey. Teresa, star of Bravo cable channel’s Real Housewives of New Jersey, recently appeared in court with her husband Joe to answer a federal indictment that that includes 39 counts of fraud. The Giudices made a brief appearance in a Newark, New Jersey federal court, surrender their passports, and were freed on $500,000 bond each.

The Giudices are accused of defrauding lenders during bankruptcy proceedings. Prosecutors say the couple received about $4.6 million in mortgages, withdrawals from home equity lines of credit and construction loans. Joe also failed to file tax returns for the years 2004 through 2008. During that time his income is said to have fluctuated wildly; the indictment states he made $323,481 in 2005 and $26,194 in 2006.

Teresa previously agreed to waive discharge of her debts in bankruptcy after the trustee accused the couple of concealing assets. According to the consent order, Teresa stated that she wanted to resolve the proceedings against her “without the need for further inquiry or litigation, and without her making any further admissions.” Other court papers revealed that Joe pleaded the Fifth Amendment when asked about hidden assets.

Real Housewives of New Jersey is in its fifth season on Bravo.

According to Teresa Giudice’s attorney, Henry Klingeman, she will plead not guilty. If convicted the couple could spend 30 years in prison. Joe, who is not a U.S. citizen, could be deported back to Italy.

The bankruptcy process is an opportunity to set your finances right. It is a second chance for a fresh start. However, when the federal bankruptcy laws are abused, things can turn ugly very quickly. Not only can the court deny bankruptcy discharge to the debtor, the FBI and IRS may be called to investigate. The federal bankruptcy laws offer powerful protection and real relief without the need to conceal assets or perjury.



Use the form below to send us a note, call us at 214.890.0711 or chat with us live. We are eager to help with your legal needs. Please keep in mind that any unsolicited information sent through our website cannot be treated as confidential. Contacting us through this site does not create a representation relationship with Fears Nachawati.

Contact Us


With offices across Texas, and attorneys licensed in Texas, Florida, Arkansas, New Mexico, California, Illinois, District of Columbia, Missouri and Oklahoma, Fears Nachawati is dedicated to attaining the best possible solutions for our clients’ business and personal needs. We strive to be professionals who are creative, empathetic and reliable.

All Areas Served

We Can Help

Contact Fears Nachawati today

Free Consultation

Live Chat (Online Now)