Teresa and Joe Giudice arrive at the Federal Courthouse in Newark for sentencing in their fraud case. |
Real
Housewives' star Teresa Giudice will serve 15 months in prison, followed by two
years supervised probation for her part in a bankruptcy and mortgage fraud
scheme. She also must pay $414,588 in restitution.
U.S.
District Court Judge Esther Salas ruled Teresa will serve her sentence before
husband Joe. She must surrender Jan. 5, allowing her to spend the holidays with
her family.
Earlier
today, Salas sentenced Joe Giudice earlier to 41 months and ordered him to pay
restitution of $414,588.
Earlier: 'Real Housewives' star Teresa Giudice tells court
'I'm scared' as sentencing looms
NEWARK
— Reading from a letter she had written, Teresa Giudice addressed the
court late in the afternoon as a federal judge weighed what punishment she
deserves for her part in a bankruptcy and mortgage fraud scheme.
"I
fully take responsibility for my actions," she said. " I deeply
love my family... My four daughters are my life."
Her voice
faltering, she told the judge: "I wrote this last night because I knew I
was going to be nervous... "I'm scared, I'm not going to deny it, I'm
really scared,"
Two minutes into the four-minute reading, Teresa's voice cracked.
Two minutes into the four-minute reading, Teresa's voice cracked.
"I
have heard you. I need to live to do things for myself," she read.
"It's time for me to wake up... I will make this right no matter
what it takes."
Assistant
U.S. Attorney Jonathan W. Romankow is arguing that Teresa Guidice doesn't
deserve any leniency as the court decides the Real Housewife star's sentence in
a federal fraud case.
Teresa
Guidice's attorney had asked U.S. District Judge Esther Salas to reduce
possible penalties for the 'Real Housewives of New Jersey' star so her sentence
could be flexible enough to let her stay at home with her children.
U.S.
District Court Judge Esther Salas has already turned down a request for
"downward departure," which would lower Teresa's possible sentencing
range to allow probation and possibly home confinement. Salas is considering
other proposals by attorney Henry Klingeman.
The judge
has already agreed to stagger the sentences, if she rules that Teresa will serve
prison time, so at least one parent would be home with the couple's four
children.
Salas
sentenced Joe Giudice earlier today to 41 months and ordered him to pay
restitution of $414,588.
Salas
lectured the couple about "glaring omissions" in both of their
financial disclosure forms. Salas read off recreational vehicles, home
furnishings, cars, construction equipment — all not reported to the probation
office by the couple but listed on federal prosecutor's documents.
The judge
questioned why Teresa says she has no jewelry on the forms, but her attorney
defended that statement, saying her costume jewelry is worth very little. The
couple listed $25,000 in furnishings for their $3 million Montville home, an
assertion that her attorney said was accurate. He explained that most of the
furnishings seen on TV are brought in by the production company.
The judge
then went on to list seven other items not listed on any court documents that
were later discovered by government investigators.
Photos from the courthouse: 'Real Housewives'
sentencing day
"How
is it that at this point the court is having to go over this?" Salas asked
the Giudices’ attorneys.
Both
offered little explanation except to say that the couple had hired an
accountant and provided that person with their financial information.
The judge
said guidelines for Joe Giudice calls for a sentence of 37 to 46 months and 21
to 27 months for Teresa. Neither is eligible for probation unless they are
granted a downward departure or variance in the sentencing as arguments
continue.
Both face
restitution of $414,588.90. Joe faces a fine of between $7,500 and $75,000. Teresa
faces a fine of $5,000 to $50,000.
Emerging
from a white Mercedes Benz GL450 with tinted windows shortly before 9 a.m.,
they walked to the courthouse flanked by their lawyers and security guards.
They were stone-faced and did not answer questions. She wore a black pants suit
with gold shirt; he had on a black suit with blue shirt and black tie.
Giudice
and his wife pleaded guilty in March to conspiring to fraudulently obtain
millions of dollars in mortgages and loans by falsifying applications over an eight-year
period. They also admitted hiding assets from a bankruptcy trustee and Joe
Giudice said he had failed to file one year’s tax returns.
Barricades
were set up from Mulberry Street to the courthouse steps, leaving a path for
the Giudices to enter the courthouse for their 10 a.m. sentencing. The media
was out in force with at least 17 camera crews — including Extra, E!, Insider
and Inside Edition — shooting their arrival.
Now,
reporters who are waiting for the Giudices to leave the courthouse after their
sentencing are speculating about whether she’ll get sent to jail. Crews have
already set up a staging area for the post-sentencing press conference.
Cathy
Gray of Lyndhurst didn’t get to the courthouse in time for their arrival but
later she was waiting outside. “I’m a big fan of the show and I wanted to catch
a glimpse of Teresa and Joe going in. I think he's definitely getting time. I
think they broke the law many times over."
Teresa
was a favorite of hers, now not so much. "Even on the show, she says she
doesn’t know why this happened. I know why."
They each
pleaded guilty to one count of conspiracy to commit mail and wire fraud and
three counts of bankruptcy fraud – by concealing assets, falsifying court
filings and falsely testifying.
No comments:
Post a Comment