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Teresa And Joe Giudice Plead Guilty To Fraud Charges, Teresa Releases A Statement

Giudice

Teresa and Joe Giudice arrived in court Tuesday morning to plead guilty as part of a plea deal with the prosecutors in their federal fraud case. The couple admitted they were guilty of multiple fraud and tax evasion charges. NorthJersey reports the couple said, “Yes, your honor,” when asked if they wished to plead guilty. The Giudices will be sentenced on July 8th, 2014.

Under the plea agreements Joe “could be sentenced to a minimum of three years but less than four years in prison” and Teresa “would face a term within the range of 21 to 27 months.” Teresa’s lawyer reserved the right to ask the judge for sentencing below the guidelines range, due to her minimal role in the charges and her four daughters.

Reports indicate both Teresa and Joe are likely to serve jail time. After pleading guilty, Teresa released a statement to In Touch Magazine. “Today, I took responsibility for a series of mistakes I made several years ago. I have said throughout that I respect the legal process and thus I intend to address the Court directly at sentencing. I will describe the choices I made, continue to take responsibility for my decisions, and express my remorse to Judge Salas and the public,” the Bravo star said. “I am heartbroken that this is affecting my family, especially my four young daughters, who mean more to me than anything in the world. Beyond this, I do not intend to speak specifically about the case outside of court, at the recommendation of my attorney and out of deference to the Government and our legal system.”

Photo Credit: Getty Images

AllThingsRH

AllThingsRH

My name is Nicki. I am 32 years-old and married to my best friend. I was previously in business for over 12 years, but I’ve always had a great passion for web and graphic design. Another one of my passions, of course, is to escape into the world of TV, which is where this journey began. My goal in starting AllThingsRH.com was to give fans, like myself, a place to catch up on all the latest news and gossip about The Real Housewives. I wanted to create a place where viewers could interact with each other, share their opinions, and get straight-forward and unbiased information about what’s going on. I am proud of the diversity this site has to offer.

  • Hate this for her but I think money meant more than anything despite what she says. Really sad.

  • Plainjane

    It’s funny Teresa has her head down.
    And, you know she didn’t write that statement.

  • One Rotten Egg

    Finally revealed what we knew all along–Teresa DOES Not write her own material.

  • Binky

    All I can say is that whomever takes over raising those 4 spoiled brats will have their hands full. The most ill behaved kids I’ve ever seen!

  • ceebee

    I feel sorry for the kids here. But, frankly, I felt sorry for them anyway. I think Juicy Joe and Teresa are bad role models for those children.

  • Izzy

    I don’t think the childrens behavior should be brought up since no one truly knows how they are. But I am SHOCKED that they pleaded guilty its a pretty crazy and sad situation. Hopefully the children and there family will be ok. And this should be a learning

  • The children will be left to their ageing grandparents who will not be able to keep them under control because they are so unruly