Get Real. Providing Fake W-2’s for a Loan is Called Loan Fraud!

by | Jan 18, 2020 | Financial Disputes, News, Real Estate Law

Providing Fake W-2’s for a Loan is Fraud

“The Real Housewives of New Jersey” star Teresa Giudice tearfully wondered why she and her husband were facing legal prosecution on Andy Cohen’s “Watch What Happens: Live”.  She and her husband, Giuseppe “Joe” Giudice, were accused of bank fraud, bankruptcy fraud, mail fraud and mortgage fraud, among other charges, in a 39-count indictment returned by a federal grand jury.

After “RHONJ” was shown on Bravo, the reality-television star spoke out for the first time on “WWHL” since she and her husband entered pleas of not guilty to the slew of fraud charges pending against them. When the host asked Giudice how she felt about the allegations and the possibility of jail time, she broke down in tears.

“You go through things in life, I don’t know why—I mean, I’m asking, Why is this happening to me?”, she said.

Giudice said her daughters gave her strength. “I can’t fall apart, Andy, I mean my daughters, they mean the world to me,” she said. The couple have three daughters together: Gia, 12; Gabrielle, 9; and Milania, 8.

The 41-year-old reality-TV star was even able to find a silver lining in the 39-count-indictment that could get them 50 years in jail. “Maybe it’s something my daughters could learn from.”

Alfredo F. Mendez, director of the white-collar criminal law and governmental investigations practice at Abrams Fensterman in New York, told the International Business Times in a phone interview that the number “50” is arbitrary and not definite.

“Sentencing is tricky and sophisticated in the federal courts”, the legal expert said, adding that any sentence “could be less”, assuming either or both are convicted. And obviously, they must be found guilty “beyond a reasonable doubt” to be given time in the slammer.

“Intent is a key element the government has to prove beyond a reasonable doubt to convict someone,” Mendez said.

By Maria Vultaggio, September 29 2013

 

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