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Transcripts For KGO Nightline 20140305

Head today. Good evening. She is best known for throwing tables around on the real housewives of new jersey but tonight, teresa jiudice and her husband are facing possible jail time pleading guilty for fraud. Arriving at a federal court in newark, new jersey, holding hands, teresa and joe giudice today pleaded guilty to conspiracy to commit mail fraud, wire fraud and bankruptcy fraud. They both admitted to a federal judge that over the better part of a decade they were engaged in a scheme to defraud financial institutions, and the irs. It was the culmination of an almost eightmonthlong legal fight where federal prosecutors presented evidence that the reality tv stars lavish lifestyle was funded partially on ill gotten gains. Outside the court, Teresa Giudices attorney read a statement from her. Today, i took responsibility for a series of mistakes i made several years ago. I am heart broken that this is affecting my family. Reporter Wendy Feldman has been counskoucounseling the giu eve

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