We Didn’t Do It Your Honor! Teresa & Joe Giudice Plead Not Guilty In Tax Fraud And Evasion Case
Aug. 14 2013, Published 3:46 p.m. ET
Teresa and Joe Giudice are innocent! The Real Housewives of New Jersey stars appeared in federal court Wednesday afternoon and pleaded not guilty to the 39 charges of fraud and tax evasion.
Wearing a cream suit and a white blouse with her hair in a severe bun Teresa gripped her hubby Juicy Joe’s hand as they entered the New Jersey courthouse.
According to Philly.com after Teresa told the judge she was not guilty, the reality TV star headed off to a book signing.
As RadarOnline.com previously reported, Teresa and Joe are hoping for a plea deal that would not include jail time but that is looking unlikely for the pair.
“The government has a very, very strong case against the Giudices and wants to make an example of them. The Giudices will also be facing serious, significant financial penalties,” a source close to the legal proceedings said.
The 39-count indictment leveled against them claims that they conspired to commit mail and wire fraud, bank fraud and making false statements on loan applications and bankruptcy fraud.
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Teresa and Joe are out on $500,000 bond each and if they are convicted they are facing a whopping 50 years behind bars.