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Teresa Giudice Donates Money From 'Cash Only' Book Signing Event To Charity: 'She Wants To Be A Good Role Model,' Says Pal

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Mar. 27 2014, Published 2:32 p.m. ET

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Teresa Giudice donated the proceeds from the cash she collected at a book signing event last week to charity, and sent the $400 check to The Nephcure Foundation, is exclusively reporting.

Last week, the Real Housewives of New Jersey star held a book signing on Wednesday night at The Posche Spring Soiree in Garfield and was seen charging CASH ONLY — with no receipts — for her book and signature!

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Headlining the event — hosted by one of her best friends Kim Depaola — tickets were advertised for $110 that included dinner, wine, music and a fashion show, but there was no mention of charging for a signature from one of Bravo’s most controversial stars!

However, a source close to Giudice tells us, "The arrangement was always that Teresa would be giving all proceeds to the Nephcure Foundation, which seeks to find a cure for debilitating kidney diseases. Teresa had several expenses related to the book signing, and several vendors that had to be paid. All of the profits were donated to the charity. In no way whatsoever was Teresa trying to make a quick buck."

As previously reported, Giudice, 41, and her husband Joe were charged with 41 counts of fraud and tax evasion and after pleading guilty and ultimately taking a plea deal, both face large fines and prison time.

Teresa now faces 27 months in prison, while husband Joe could get 46 months and is likely be deported back to Italy.

The original bank and bankruptcy fraud charges centered on their inability to file tax returns from 2004 to 2008.

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Law enforcement authorities claimed the controversial couple filed fraudulent mortgage and other loan applications from 2001 to 2008, a year before their show debuted.

Prosecutors said the couple submitted fake W-2s, tax returns and bank account information to lenders.

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

They also alleged the Giudices received about $4.6 million in mortgages, withdrawals from home equity lines of credit and construction loans.

Our source goes on to say, "Even though Teresa is facing prison, she is still focused on giving back as much as possible. It's always been very important to her. She wants to be a good role model for her four daughters."



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