Kathy Wakile speaks out about her RHONJ cast mate and cousin Teresa Giudice. Kathy once again shows support for her fellow Housewife who is in an abundance of legal trouble with her husband Joe.
When Kathy was asked if she thinks Teresa and Joe Giudice will serve prison time, Wakile responded to E!, "I hope not. I really do hope not. There are the children. I hope they get this under wraps as soon as possible." But these hopes are sure to get squashed as Teresa faces another two counts of fraud and the chances of her avoiding jail is unlikely.
Wakile adds that she was surprised to find out about the fraud charges againste her Teresa saying, "We don't really get into each other's business like that. It's not like that. Nobody talks about anybody else's checkbook."
Back in September, when Wakile was asked by a caller On 'Whatch What Happens Live' what was going on with Teresa Giudice's upcoming court case, Kathy said about her cousin:
"She knows that we're here for her and we hope that everything gets resolved for her family as quickly as possible."
Teresa could use all of the support she can get after being found out by the feds more of her many lies with her husband Joe Giudice. That makes the total 41 counts of fraud!
The new charges say Teresa claimed on the loan that she was employed as a realtor making $15k per month but officials say, Teresa was "not employed outside the home at the time." Teresa plead not guilty to the two new charges on Wednesday. These two new fraud charges look very cut and dry. Either she was a realtor or she wasn't.
Did Teresa have a real estate license? NO. So..guilty! Call me crazy but the RHONJ stars are in real trouble. The two new fraud charges alone could put Teresa and Joe Giudice behind bars for a maximum of 30 years each.
Nancy Grace agrees and says Joe and Teresa should not have messed with the feds and their money. When the HLN host was asked what she thought would happen with Teresa and Joe Guidice and their fraud charges, Nancy said:
"I think they were in it together and you know what? You can get away with shoplifting, maybe stealing a car but don't mess with the feds when it comes to money. Never mess with the tax man. Never mess with the feds alright? They have no mercy. I predict they're going down. Much as Martha Stewart was used I think they will be used as an example to other people."
Nancy Grace was absolutely positive that Joe is going to prison and surprisingly was sure that Teresa was 'going down' too sating that Teresa is just as guilty as her husband. The RHONJ couple are to arrive in court in February to face their sentence on the fraud charges.
In case you didn't know, Teresa and her husband Joe Giudice are facing a multitude of very serious charges which can result in a 50 year prison sentence each.
Below is a summary of their previous charges:
1) Mail Fraud and Wire Fraud: The indictment states that between 2001-2008, using the U.S. mail, private carriers and wire communications, they defrauded 7 different banks and mortgage lenders.
2) Bank Fraud: The indictment states 5 banks were defrauded by submitting applications with false tax returns, pay stubs, and W-2s that gave false salaries and income. In total they stole $4.5 million from various banks.
3) Loan Application Fraud: For making false statements in those bank loan applications
4) Bankruptcy Fraud: Concealment, False Oaths, False Declarations. These are 22 different counts alone. In essence, they lied to the BK courts (under oath) about their finances and they knowingly filed false documents to conceal their income. That's perjury. Tre & Joe never withdrew their bankruptcy, the courts denied their petition on suspicion of fraud.
5) Failure to Make Tax Returns: These counts are all against Joe, and claim he didn't file tax returns from 2004-2008.
Joe Giudice, whose real first name is Giuseppe, is an Italian citizen. Thus, he could face deportation if he is convicted.
Joe Giudice, 43, was released on a $500,000 bond secured by his father, Frank. Teresa Giudice, 41, was released on a $500,000 unsecured bond.
The duo also had their travel restricted to New Jersey and New York and had to surrender their passports.
The pattern of alleged fraud may have lasted a decade, ," U.S. Attorney Paul Fishman said.
"They're serious charges," he said.
"They are alleged to have made false statements to the bankruptcy court and the banks that lent them money," Fishman told press.
In a statement, Teresa Giudice discussed the charges.
"I support Joe and, as a wonderful husband and father, I know he wants only the best for our lovely daughters and me," she said. "I am committed to my family and intend to maintain our lives in the best way possible, which includes continuing my career. As a result, I am hopeful that we will resolve this matter with the government as quickly as possible."
On Watch What Heppens Live Teresa adds that "I can't fall apart. I have my daughters. They mean the world to me." For the sake of their daughters, we hope the outcome is positive.
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