Teresa Giudice is about to become a homeless housewife. The RHONJ star Teresa Giudice is currently facing financially tough times as she and her husband are indicted on various tax fraud charges.
Teresa Giudice was in the center of the media limelight. Real Housewives of New Jersey star Teresa Giudice lived the life of Riley. She had it made and along with her husband and family she was sitting in the lap of luxury. That was until awhile back when criminal charges came up against the two. They had committed bank fraud and income tax fraud and engaged in so much economic hanky-panky that a large fine along with jail time was awarded to the two.
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“Teresa has hardly any income coming in because of her guilty plea in the federal fraud and conspiracy case,” a source told Radar. “If it weren’t for the money she’s made from Real Housewives of New Jersey, she would be in serious financial trouble right now.”
This of course left them in a state of debt and literally hand to mouth. Now Teresa may even have to auction off her wonderful and luxurious mansion which is worth millions of dollars. Teresa Giudice has been ordered to pay back $7,500. Teresa and her husband filed for bankruptcy in 2009 for a total of $13 million debt.
“Her book sales have been very low, and Teresa hasn’t been offered any gigs for paid promotional appearances either,” the source continued. “It’s a foregone conclusion, Teresa absolutely will have to sell her beloved New Jersey mansion. She’s terrified she could end up homeless.”
And still there is no certainty that she will be free of penury in the future. Since there is no such thing as a free lunch, she and her children face lean times ahead. But then the two ought to have thought of this before they decided to commit the fraudulent acts so shamelessly and blatantly. The law has a way of finding out the wrongdoings of wrongdoers. Now they are getting their comeuppance and the daily income has virtually become a trickle instead of a flowing river of money.
In fact, the only thing keeping Teresa and her children from becoming homeless and downright poor is the royalties from her book and some of the payments which still arrive time after time from RHONJ. It’s a worrisome thing regarding the children and their proper childrearing since both husband and wife will be going to jail soon. While Teresa may face two years in prison, her husband Joe could stay in the locker for a total of four years.
Teresa is currently an insomniac and her stress levels are so high that she has virtually become a nervous wreck. Maybe the couple will serve as an example to any future fraudster who plans on hoodwinking the public of its resources.