Teresa Giudice Allegedly Hid Major Assets in Filing for Bankruptcy

By PopEater Staff Posted Sep 4th 2010 06:12PM

A New Jersey lawyer for the Dept. of Justice handling the case of Teresa and Joe Giudice in federal bankruptcy court has filed a complaint on Thursday objecting to the couple's request for Chapter 7 protection, claiming they intentionally failed to reveal major assets in their original petition. The court documents that appear to have been filed by Roberta A. DeAngelis have surfaced on a 'Housewife' blog. Sources of income alleged to be missing from the bankruptcy filing? The court documents list a $250,000 book advance from Hyperion received by Teresa for her cookbook 'Skinny Italian,' her ownership of an online boutique called TGFabulicious and more.

The complaint mentioning the book advance is pictured below:

Teresa Giudice Court Documents for Bankruptcy

The objection reads: "To date, the Defendants have not filed amended schedules that disclose the existence of the book 'Skinny Italian,' the publishing deal with Hyperion, Defendant wife's ownership of TG Fabulicious, LLC, or Defendant husband's ownership of 1601 Maple Avenue Associates, LLC."

The claim further alleges that the couple were untruthful in previous sworn testimony ("the Defendants have knowingly and fraudulently made false oaths in this case") as the contract with Hyperion was reportedly dated Oct. 22, 2009 -- just prior to the Guidices' petition for bankruptcy protection -- and signed within weeks of filing for Chapter 7. While Teresa has reportedly acknowledged in an April 2010 examination under oath that she received the book advance, her legal team has apparently done little to officially update court records about the newly disclosed assets.

Meanwhile, many of the couple's priciest belongings -- from vehicles to furniture -- were set to be auctioned off this month, but RadarOnline.com reports that lawyers for the couple are now trying to avoid the spectacle of a public auction by arranging for a more private sale.

Tags: real housewives, real housewives of new jersey, Teresa Giudice

Comments

(106)

Saturday 04 September

By Gina

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What are we supposed to be shocked by this trannies wrongdoings? This waste of space has been the joke of jersey for the past year, what she should be spending her money on is a sex change operation to change into a woman...This gross mess is pathetic

By liz

I feel sorry for those kids being raised by such a sad case. What this woman and her husband have done to try to appear rich is scary. And this is what their kids are going to see growing up. That you have to lie and steal and cheat to appear to be something your not. So sad

By Damon

I dont think anyone is "shocked" I think we are all very sad for this person because you would have to be in so much tremendous pain and unhappiness to even subject yourself and your family to this kind of humiliation just for 10 min of fame. I can't ever imagine exposing my dirty filthy laundrey to the world the way these people do for a few lousy bucks. It wasn't even enough money to support themselves so why do it? It's horrifying that people expose their kids to this nowadays

Sunday 05 September

By Sherrie

Good. I am not the only one who thinks she is mannish! What an unattractive woman (?).

Thursday 09 September

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By Ginger

Tell this piece of garbage to go away and leave NJ. Teresa, Jacqueline, Caroline, all a bunch of pathetic skanks that need to go hide. They are a humiliation to a great state

By charlie

a great state? Have you ever actually been there?

By Pete

CAN SOMEONE MAKES THIS UGLY LOSER GO AWAY PLEASE! THIS WHOLE SHOW NEEDS TO BE BANNED FROM TELEVISION OR THE NAME SHOULD BE CHANGED TO "NJ FREAKS ON DISPLAY FOR ALL TO LAUGH AT" enough!

By Robin

I guess she will blame Danielle for this too! Who's the liar now Teresa? It looks like its you! Let's see how Caroline and Jackie spin this one. By the way, your aniversary present was a yellow canary diamond not a topaz. Liar!!!

By Susie

I knew this was going to turn out a heck of alot worse with more money, people and fraud involved. KNEW IT, and yes that ring is a diamond and the lies just keep going round and round with Teresa, Dina, Jackie, and Caroline.
Now shouldn't Caroline be washing her **up on a pedestal** hands off from even being friends with someone line Teresa? LOL

By Tim

This is a woman? All this time I thought Teresa was a man

By ddf

this type of behavior is illegal and can land you in jail
obviously they perjured themselves during the hearing
so their debts wont be discharged
this isnt a joke they can be in big trouble

By Rick

Thats true she lied in her court hearing I hope she-man Teresa gets the book thrown at her.By the way for someone that is suppose to be all in style quit putting those DAMM ugly bows in your kids hair

By Lorraine

Something is truly wrong with BRAVO to even pay good money to have these idiots on television. But I guess having fools on tv for the world to laugh at and pity makes good tv nowadays. so sad

By Jerry

of course he's a man, i mean she's a man. Can't you tell by how she threw andy off the chair monday HAHAHAHAHA

By Sherry

omg me and my bf almost pissed in our pants! She seemed like she was possessed or something and then when Caroline was holding her this strange scary sound came out of her like an animal noise i was falling off my chair laughing!

By GINGER

of course hes a man! couldnt you tell by the way he threw andy off the chair monday and how he went after Danielle! What woman do you know that acts that way! or looks like that?

By Debra Adler

I dont know how any one can watch that show
they are all so mean
I think they gang up on Danielle and Andy Cohen allowed that and encouraged that on the renunion show
Anyway it causes me so much stress I can t watch it
they are all so high and mighty- it is disgusting- she and her husband owes millions and the she lies - disgusting- thye should trhow her off the show
and her beahvior on the show pushing people, throwing over tables, enought already

By Janet Cangialosi

IT'S CALLED TURN OFF YER DAMN TV and they are idiots pfft

By Dana

What is hilarious is this: Caroline won't speak to Danielle because of her past that happened 20 yrs ago yet she is best friends with this hot mess who not only has done so many illegal things but her idiot fat husband has a DWI and could have killed someone. Makes no sense.

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