September 7, 2010 11:59 AM

"Real Housewives of New Jersey" Star Teresa Giudice Accused of Hiding Income, Say Reports

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Naimah Jabali-Nash
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Daily Blotter

"Real Housewives of New Jersey" Star Teresa Giudice Accused of Hiding Income, Say Reports

"The Real Housewives of New Jersey" Star Teresa Giudice (Astrid Stawiarz/Getty Images)

NEW YORK (CBS) The luxurious life of Bravo's "The Real Housewives of New Jersey" cast member Teresa Giudice and husband Giuseppe "Joe" Giudice was apparently far from, er, reality. The couple has been accused of perjury and fraud in U.S. Bankruptcy Court for withholding assets from their Chapter 7 bankruptcy petition filed in October, according to local station WPIX.

PICTURES: Reality TV's Run-ins with the Law

U.S. Trustee Roberta A. DeAngelis filed a Complaint Objecting to Discharge Sept. 2, which indicated her opposition to the couple's bankruptcy petition - suggesting that it be denied because the two failed to disclose pertinent financial information and reported various "falsehoods," reports RadarOnline.com.

In the 20 page complaint obtained by the gossip site, DeAngelis alleges that the couple omitted the Housewife's book "Skinny Italian" and her online fashion site TGFabulicious.com, which were two significant sources of income when they initially filed for bankruptcy, reports WPIX.

DeAngelis claims Teresa received a "$250,000 initial advance, a $30,000 additional advance, and royalties based on sales of her cookbook 'Skinny Italian'," according to WPIX.

Teresa's online fashion boutique didn't do too badly, either. WPIX reports that the site reportedly had more than $100,000 deposited into its bank account during the six months that followed the bankruptcy filing.

DeAngelis stated in the complaint that "the defendants have concealed, destroyed, mutilated, falsified, or failed to keep or preserve recorded information from which their financial condition or business transactions might be ascertained," according to WPIX.

"Due to the economy, most of my husband's real estate ventures failed despite his hard work and effort. As a result, we looked to the Bankruptcy Court for a 'fresh start,'" Teresa, a mother of four, told People Magazine in June.

Chances are this wasn't exactly the "fresh start" she was looking for.

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Add a Comment
by pak31 September 9, 2010 12:16 PM EDT
This woman should be ashamed of herself as a human being. How can someone be so oblivious about their behavior toward others? Didn't she recently become a mother? Scary. Ugly inside AND out. Not good.
Reply to this comment
by peachsand September 9, 2010 12:16 PM EDT
come on there show is garbage she says women are just jealous of jersey girls why would u want to be like them stuck up and fake they should have to sell everything and lose things to pay her lifestyle is unbelieveable and the little girls are not that pretty as she puts out with the modeling who hires limos for little girls partys and the trip to italy all her husband did was complain about the money as for the other cast members i think they could have pd for their trip all the money they have i think danelle is the only one with some brains
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by Toni_N_TN September 8, 2010 10:52 AM EDT
Oh, please!! I hate to sound like a "chauvinistic pig", since I am a woman, but Joe has serious "wife problems." I didn't like him much at first, but then I got to disliking his tasteless wife more and he needs to "get her in hand." AND stop having babies, especially girls, whose mother seems to think it's okay to let them spend money like water.. This woman has the brains of a swamp gnat and I always wondered why they paid cash for everything... I guess that mystery is cleared up, huh?
Reply to this comment
by democracy5 September 8, 2010 11:53 AM EDT
"brains of a swamp gnat"--Love it!
by democracy5 September 8, 2010 8:24 AM EDT
The Giudices are classless garbage. Karma is a "beach".
Reply to this comment
by annm8 September 7, 2010 7:58 PM EDT
Teresa has repeatedly shown her character on RHNJ. She throws tables on top of people and screams curses at the only cast member who isn't in her family. Her behavior has been despicable. What's she going to do now, yell and scream obscenities at the judge in bankruptcy court?
This latest news doesn't surprise me at all
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