When you think of divorce, you often think of raging custody battles, people losing big assets, and general disharmony – that’s what the media leads most people to believe. The truth is many people can actually dissolve their marriages amicably and divide property without a fight. Have you ever thought about an uncontested divorce? It might be a good option for you if you’re looking to be on good terms with your spouse. You won’t be seeing any court time if you take this option, so be…
Teresa Giudice and her husband Giuseppe Giudice, the two stars of the TV show “Real Housewives of NJ” were indicted on federal fraud charges. They have been charged in a multiple-count indictment with conspiracy to commit mail and
wire fraud, forging W-2 forms, tax returns, pay stubs and other documents to commit bank fraud, making false statements on loan applications and bankruptcy fraud.
According to the indictment, the couple submitted mortgage and loan applications from 2001 through 2008, in which they made phony claims regarding their employment status and salaries. Their show debuted one year later. It is alleged that the Giudices received millions in mortgages, along with withdrawals from construction loans and home equity lines of credit.
It is charged that Joe Giudice also did not file tax returns for the years 2004 through 2008, when he is alleged to have earned nearly a million dollars. Records indicate that during that time his income allegedly fluctuated wildly; the indictment states he made $323,481 in 2005 and $26,194 in 2006.
The Giudices initiated a petition for bankruptcy protection, in October 2009. In the petition, the couple concealed information about the businesses they owned, many rental incomes they received, as well as Teresa’s true income from the show “Real Housewives,” sales from the website and appearances, the indictment said.
Their first court appearance was on July 30 after which they were released on a $500,000 bond. The court ordered them to surrender their passports and restricted their travel to only NJ and NY. Their arraignment is scheduled for August 14. They both plan to plead not guilty.
