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Teresa Giudice Begins Prison Bid, Evidence Showed She Was In No Way The “Victim”

January 5, 2015  |  Posted by: Giovanni DePhillips
Teresa Giudice Begins Prison Bid,  Evidence Showed She Was In No Way The “Victim”

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On Sunday Teresa Giudice attended mass with her family at the Sacred Hearth Church in New Jersey as she smiled walking with at her four daughters – Gia, 13; Gabriella, 10; Milania, 8; and Audriana, 5 – and husband Joe.

teresa-mass

‘My family is probably one of the strongest families I know,’ said her daughter Gia – who’s shopping around a reality show, “So we’ll get through this. It’s gonna be fine. And when it’s over, we’re gonna be better than ever.’

Teresa was picked by in a black SUV just after midnight by her lawyer and driven to the prison from her ravishing $4million Towaco mansion and driven to federal prison in Danbury where she will serve her 15 month prison sentence.

4-mil-home

However, she is more likely to serve 12 out of the 15 months because federal prison mandates an inmate serve 85% of their prison bid.

The 42-year-old reality star surrendered seven hours ahead of schedule, just before 3 a.m. The Giudices pled guilty to 41 counts of fraud, which took place between 2001 and 2012.

According to indictments, the Giudices basically funded their lavish lives by obtaining fraudulent loans from banks. The couple allegedly hired people to falsify documents needed on a loan application such as: W9 forms, pay stubs, fake tax returns, etc.

Although Teresa has portrayed herself as the victim, with her insinuating it was Joe’s fault and she had no idea what she was signing, it couldn’t be farther from the truth.

Teresa certainly wasn’t the victim, she knew exactly what she was doing. She lied about having multiple jobs including being a real estate agent who makes $15,000 a month and being an executive assistant who made $3,750 a month.

The Giudices just kept on borrowing because before the 2008 crash there were little restrictions on borrowing and institutions didn’t yet have the technology used to keep track.

The Giudices spent all the money on their lavish lifestyle and when all the money was spent and they had no more outs to borrow, they thought they would just file for bankruptcy.

Unfortunately, you can only mislead so much, you will get caught. Once they went to bankruptcy court, they dug themselves in a deeper hole because they lied on their bankruptcy documents, including withholding assets, The couple claimed they had no rental property , which they indeed did have and did not include the income from Teresa’s merchandise company even though checks were signed by Teresa and deposited into her company account, and they lied about additional income generators.

The red flag of suspicion first came in 2009 when the couple filed bankruptcy and then withdrew the filing just before an auction of their home’s furniture was to take place.

The Indictment stated that the Giudice’s and “others” defrauded banks to obtain loans however, the DA stated that no one else has been charged in the case except the Giudices, which means someone probably flipped and gave the grand jury information, which led to the mounting evidence that would lead to the indictment.

In 2013, the couple were charged with about four dozen crimes including conspiracy to commit mail fraud, wire fraud and bank fraud to take $5 million over a decade.

Husband Joe, who is an Italian citizen, was also accused of not filing his tax returns from 2004 to 2008, when the family made $1million dollars.

While they originally planned to plead not guilty, the married couple eventually admitted guilt on 41 fraud charges.

However, their excessive lying didn’t end there, during their pre-sentencing hearing, the judge and prosecution reviewed their pre-sentencing documents and discovered they even LIED on their documents including not having items such as cars, RV’s, furniture, jewelry, handbags and much more.

The discovery basically drew the wrath of the Judge, Esther Salas who was seething, who upon finding out, was in no way granting Teresa probation and house arrest.

In addition to their individual prison sentences, the couple will each have to pay $414,000 in restitution.

Teresa, far from being the victim has now begun serving her 15 months prison sentence.
Joe was sentenced to 41 months, which will begin once Teresa’s sentenced is served. This allows at least one parent to care for their four children and then Joe will most likely face deportation once his sentenced is served.

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