Feds nail REAL HOUSEWIVES of NEW JERSEY stars on fraud and tax evasion charges after TERESA & JOE GIUDICE finally plead guilty.
As THE ENQUIRER previously reported federal prosecutors accused the couple of exaggerating their income while applying for loans before their television show debuted in 2009, then hiding their improving fortunes in a bankruptcy filing after their first season aired.
They were hit with a 41-count indictment last year and prosecutors then added on even more charges in the months to come.
But Teresa and “Juicy” Joe admitted they were guilty of several of the numerous fraud and tax evasion charges they were charged with, and now, both are facing lengthy prison sentences.
The RHONJ stars made a grand entrance into the federal courthouse where they both said to Judge Esther Salas “Yes, your honor,” when asked if they were admitting to the fraud charges.
Without obvious emotion, the pair entered their pleas and will be sentenced at a later date.
Teresa could be spending less than two years in prison while Joe may spend a minimum of three years behind bars according to their plea deal NJ.com reported.