It’s been a rough few months for Teresa Giudice, and if the latest tabloid report out of Jersey is any indication, things may have just gotten much worse.
As you’ve likely heard, Teresa and Joe Giudice were convicted of fraud back in March.
In addition to being sentenced to federal prison time, Teresa and Joe will be forced to pay back hundreds of thousands of dollars in restitution.
They’ve already made a big dent in their debt to the government, thanks to a huge payday from their pre-prison interview with Andy Cohen.
But apparently the feds still feel the couple is hiding assets (which is exactly what landed them in trouble in the first place).
Radar Online is reporting that the Giudice’s home was raided yesterday after Teresa and Joe failed to set up a restitution payment plan in a timely fashion.
Government agents entered the Montville, NJ mansion while Teresa was home, and left with thousands of dollars in property:
“Plasma televisions, expensive jewelry, cash, and even the kids Christmas presents were taken,” says one insider.
“Teresa was home and was absolutely stunned by the raid. She had no clue they were coming. She was absolutely hysterical, and begging them not to take the girls’ Christmas presents.”
In addition to the gifts and other valuables, the source says “a large amount of cash” was discovered in the Giudices’ basement.
The property will reportedly be auctioned off, and whatever money is left over will be used to help pay off the Giudices’ several million dollar debt to their creditors.
Teresa has been sentenced to 15 months in prison, and will begin serving her sentence on January 5.
Watch The Real Housewives of New Jersey online to see the Giudices in happier times and witness their rapid decline.
