i m laughing over here because i know you ve had to follow this as a big story. this is a massive franchise, the real house wicwives. it s not a small case. no, it s not. if convicted on all of these charges, they could go to prison for up to 50 years. fifty? 5-0. 50. bank fraud, mail fraud, loan application fraud charges, lots of different things that are all spelled out in this indictment. it is not a small case. it definitely isn t. you just spoke about it, some of the things that they alleged that they were making up incomes for themselves in order to get bang loans, in order to get home loans, in order to get and then saying it live on tv, right? evidence to the whole country. well, during the first season at one point, she was shopping for furnishing her new home and had a wad of money and spent $120,000, it seemed, in cash to
show. but lastly, wolf, just to get you a sense of how serious these charges are, loan application fraud carries a maximum penalty of 30 years in prison and a $1 million and a $100,000 fine. now, lastly, they do have an initial court appearance tomorrow at 10:00. their lawyer says their arraignment will be some time over the next few weeks. the couple, i am told, plans to plead not guilty. wolf? zane arbor reporting for us. thanks very much. we ll see what bravo decides to do. somewhere in the world right now, a jewel thief is hiding, get this, $136 million worth of diamonds. it turns out the stolen gems are worth more than twice we were told yesterday when the robbery happened in the french resort of cannes. you may know the city for its film festival, but it also has a reputation as a jewel thief s paradise. cnn s erin mclaughlin is there.
real housewife fan, just into us at cnn, two of the stars of real housewives of new jersey have been indicted. i was arrested. prostitution. [ expletive ]. that s the show. this is real life. they re charged with conspiracy and with illegally obtaining mortgages and other loans. alison kosik live at the new york stock exchange with the latest on this. alison, what do we know? brooke, these reality stars are about to face a reality. teresa and joe giudice, they re the couple that, safe to say, viewers love to hate on bravo tv s real housewives of new jersey. this indictment accuses the couple of conspiracy to commit mail and wire fraud. bank fraud. loan application fraud. bankruptcy fraud. and failure to file tax returns.