Thursday, October 2, 2014

"Real Housewives of New Jersey" Stars Sentenced to Prison over Guilty Fraud Charges

Viewers of Bravo's "Real Housewives of New Jersey" have watched as Teresa and Joe Guidice pleaded guilty to conspiracy to commit mail and wire fraud and three types of bankruptcy fraud -- as well as Joe pleading guilty to not filing tax returns back in 2004.

Here are some of the details surrounding their charges: 
Teresa and Joe pleaded guilty in March to hiding assets from bankruptcy court and submitting phony loan applications to obtain approximately $5 million in mortgages and construction loans.
This is all playing out right now on the current season of the reality TV show and is being spun to make the normally table-tossing/party-brawling Guidice family look sympathetic.

But that was filmed months ago. The pair was finally sentenced earlier today. Joe Guidice was sentenced to 41 months in prison and Teresa Guidice was sentenced to 15 months in prison. Each were sentenced to two years of supervised probation following their prison terms. They also much pay a combined $414,000-430,000 in restitution. Theoretically, Joe Guidice (an Italian citizen who's lived most of his life in the USA) could be deported following his prison term.

It appears that the prison terms will be staggered so that they can care for their four daughters. Teresa will serve her prison sentence first. After her prison term, Joe will (obviously) serve his prison term.

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