Joe and Teresa Giudice are now being indicted on 41 counts of fraud and tax evasion, as the federal government has added two new charges to their case. Authorities revealed today that the two additional counts are related to a $361,000 mortgage loan that Teresa took out in July of 2005. At the time, Teresa claimed on the loan application that she was employed as a realtor making $15,000 per month, but at the time, she wasn’t working outside of her home.
According to a report by NJ.com, Teresa’s attorney announced she will plead ‘not guilty’ to the new charges as well. “As she did with respect to the allegations contained in the original Indictment, Teresa intends to plead ‘not guilty’ to the allegations in the new indictment. She looks forward to defending herself. … Beyond that, we will answer all of the charges in court, not out,” Henry Klingeman said.
These two new bank fraud and loan application fraud counts each carry a maximum possibility of 30 years in prison and a $1 million fine. The Giudice’s are set to begin trial February 24th, 2014.
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