Teresa Giudice and her husband Joe are going to accept the guilty as charged verdict over fraud allegations. Joe may be deported to his native Italy while Teresa faces five years of probation.
The two occupied center stage in the reality TV show “Real Housewives of New Jersey”. But they also led a covert life of fraud and tax evasion. Both husband and wife, Teresa Giudice and Joe Giudice, didn’t pay their taxes for a period of four years. And they took many loans which they didn’t pay back either.
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It was a classic case of fraud on a large scale. In fact, the enormity of the white collar crimes they are guilty of could land them in jail for half a century. But the two have kids. And they want their children to have a good life.
Also the Giudices want to be able to see their grandchildren one day. So they have decided to cop a plea. They want their individual sentences to be lowered in return for a confession to all that they did wrong. They are to make an appearance before a judge soon.
"Teresa and Joe Giudice have arranged a plea agreement with prosecutors in their federal case," an insider tells USWeekly. "The couple will plead guilty to several but not all 41 of the charges, and both will appear in court on Tuesday with their lawyers."
If things go as they want, Teresa Giudice could be in prison for two odd years while her husband Joe faces three years in the slammer. The television network they work for is named Bravo.
There were no answers forthcoming from Bravo over the matter. The couple declared bankruptcy some time ago. The law enforcement authorities found them guilty on 41 counts of various money-related crimes.
Teresa especially spoke of how she wants a happy life for her children. She does not want them to face a disrupted existence since it is not their fault. But where you have such a massive crime, that involves such vast quantities of money being swallowed whole by a couple, the consequences will have to be faced willy-nilly.
However, "Reports that Teresa and Joe have agreed to a deal that involves set definitions of fines, jail time or probation are inaccurate," the insider adds to USWeekly.
It is ironic to think that the two acted in reality television and now they are facing reality in all its ugly and brutal dimensions.