By Sonya Magett, EnStars | Aug 14, 2013 10:38 AM EDT
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Two stars from Bravo's The Real Housewives of New Jersey, Teresa Giuidice and her husband, Giuseppe "Joe" Giudice, are back in court on Wednesday.
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The couple is scheduled to be arraigned on Aug. 14 at 2:30 p.m. EST for 39 counts of fraud charges, according to NJ.com.
They are expected to plead not guilty to their federal charges, according to MSN.com.
The couple was indicted for 39 charges for a wide range of financial offenses - including IRS, bank mortgage loan fraud, wire and loan fraud. It was announced by U.S. District Attorney Paul J. Fishman on July 29. The pair is accused of submitting false information on mortgage and loan applications and when filing tax returns and W-2 forms. Joe failed to file federal tax returns from 2004 to 2008. They also falsely claimed they earned more income than they actually did in 2008 before Bravo premiered TRONJ . They allegedly claimed they earned less than they did when they filed bankruptcy in 2010.
The couple received about $4.6 million in mortgages, withdrawals from home equity lines of credit and construction loans, according to CBS.com.
See the full list of charges here.
The reality stars went to a hearing in a Newark courtroom the day after they were indicated. U.S. Magistrate Judge Cathy L. Walder read the couple their charges, asked them to submit their passports and told them their travel was restricted to New York and New Jersey. After the judge advised the couple of their rights, she set bail for $500,000 each. The couple was released on $500,000 unsecured bail bonds.
If convicted, the couple faces up to 50 years in prison. Joe, who is not a U.S. citizen, also faces deportation to Italy, his native country, if he is found guilty. His separate charges include using his brother's name to obtain a driver's license.
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