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Joe & Teresa Giudice Close In On Plea Deal: She’ll Escape Jail, He’ll Do 5 Years — $11M In Fines

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Feb. 28 2014, Published 4:39 p.m. ET

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Teresa Giudice and her husband Joe are reportedly closing in on a plea deal with the U.S. Attorney's office over their 41-count indictment for conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud.

As has previously reported, the couple is facing up to 50 years in prison for the charges.

GALLERY: The Giudice’s 30 Most Shocking Quotes About Fraud & Finances

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But if the judge accepts the plea deal offer, In Touch claims Joe will serve a minimum of five years in prison, while Teresa will escape jail time altogether with a maximum of five years probation.

The Real Housewives of New Jersey stars will also have to pay $11 million in restitution.

Joe and Teresa pled not guilty to the charges in Nov. and have been battling ever since, asking the judge for separate trials — which they were denied for.

Breaking News

As exclusively reported earlier this month, Teresa pled with the judge to move the court hearing up and In Touch's report states the couple will appear in federal court on Tuesday to hear whether or not their plea deal was accepted.



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