Aug 16, 2013 12:26 PM
The Real Housewives of New Jersey may have to change its name to Orange is the New Black after a prosecutor rejected Teresa Giudice's plea deal in which the Jersey housewife wouldn't serve any jail time and her husband Joe would serve all of the time, reports RadarOnline.
“Teresa and Joe’s defense team submitted a plea deal on Wednesday but the US Attorney denied it. … Teresa wanted a plea deal that keeps her out of jail so she offered to do anything else but jail time and have Joe serve all of the time in jail. The prosecutor dismissed the deal outright," a source close to the situation told the publication.
On July 29, Teresa, 41, and Joe, 43, were charged by a federal grand jury on 39 counts, including conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud. In addition, the indictment also charges Giuseppe with failure to file tax returns from 2004 through 2008 -- when he allegedly made nearly $1 million.
The source also added, "The prosecutor has said that if she wants to plead it out she has to do jail time. They believe that the evidence will show that Teresa can’t play dumb. She was in cahoots with Joe and was just as much a part of orchestrating the scam as he was.”
Bank fraud carries up to 30 years in prison, while conspiracy to commit mail and wire fraud carries a maximum sentence of 20 years. If convicted, Teresa could face up to 50 years behind bars. Giuseppe faces an additional 10 years in prison for allegedly using his brother's ID in 2010 to get a fake driver's license.
Things aren't looking good for the too-tan reality star or her hubby. And we aren't gonna lie -- orange really isn't Teresa's power color!