Teresa Giudice Pleads Guilty to Fraud, Facing Two Years in Prison

Real Housewives of New Jersey star Teresa Giudice and her husband Joe both pled guilty to fraud charges and other charges at Newark Federal Court on Tuesday after striking a plea deal with prosecutors. Teresa is facing 21 to 27 months in prison.

Teresa pled guilty to four counts, including conspiracy to commit wire fraud and bankruptcy fraud. Joe pled guilty to five charges, the same four as Teresa plus failure to file income taxes. He's facing up to 46 months in prison and deportation. After he completes his sentence, Joe, an Italian citizen, will have to attend a hearing that will "likely result in ... your being removed from the United States," according to Federal Judge Esther Solas who accepted their pleas.

The couple, who were accused of lying to banks and hiding assets, were indicted on 41 counts of bankruptcy, wire and mail fraud and tax charges in July 2013. They will return to court on July 8 for sentencing.