The U.S. Attorney’s office has charged both Bravo stars with one count of bank fraud and one count of loan application fraud
Add two more charges to the 39 brought against “The Real Housewives of New Jersey” stars Teresa and husband Joe Giudice.
The United States District Attorney’s office in New Jersey has charged both Bravo stars with one count of bank fraud and one count of loan application fraud. That brings the total charges to 41, according to U.S. Attorney Paul J. Fishman.
An arraignment on the new charges has been scheduled for Wednesday morning before U.S. District Judge Esther Salas in Newark federal court.
The two additional counts stem from a $361,250 mortgage loan that Teresa obtained in July 2005. In obtaining the loan, she and Joe prepared a loan application which falsely stated that Teresa was employed as a realtor and that she had a monthly salary of $15,000. Teresa was not employed outside the home at the time.
The bank fraud and loan application fraud counts each carry a maximum potential penalty of 30 years in prison and a $1 million fine.
Previously in August, the couple plead “not guilty” to the initial 39 counts, including mail fraud, wire fraud, bank fraud, bankruptcy fraud, making false statements on loan applications and failure to file tax returns. Those amounted to more than 50 years maximum time combined in prison and more than $1.5 million in combined fines.
Pamela Chelin contributed to this report.