Sunday, September 5, 2010

Teresa Giudice Did Not Reveal Major Assets In Bankruptcy Filing: Report


NYDailyNews.com:
Maybe Teresa Giudice doesn't need a raise after all.

According to the lawyer handling the "Real Housewives of New Jersey" star's bankruptcy case, she and her husband did not reveal major assets when they filed for protection last fall.

On Thursday, New Jersey attorney Roberta A. DeAngelis filed an objection to the couple's request for protection, which they filed after discovering they were $11 million in debt, popeater.com reports.

The court document, released on Lynnchicago101's "I Hate Jill Zarin" blog, alleges that the Giudices failed to list a $250,000 book advance Teresa received from Hyperion for her cookbook, "Skinny Italian."

The couple also reportedly failed to disclose Teresa’s ownership of TGFabulicious - an online boutique that sells accessories and clothing - as well as her husband Joe's ownership of another company.

According to DeAngelis, "the Defendants have knowingly and fraudulently made false oaths in this case" as Giudice's contract with Hyperion was reportedly signed before the couple's petition for bankruptcy protection.
At this point who knows what's the truth about Teresa and her finances.

1 comment: