Prosecutor rejects Real Housewives' Teresa Giudice plea deal that would have kept her out of jail in financial fraud case

She and her husband Joe Giudice face up to 50 years in prison for financial fraud.

But Teresa Giudice's attempt to avoid jail time if convicted has stalled.

The 41-year-old and her husband Joe's defense team submitted a plea deal on Wednesday but the prosecutor in their financial fraud case denied it, according to RadarOnline.

Teresa wanted a plea deal that keeps her out of jail so she offered to do anything else but jail time and have Joe serve all of the time in jail. The prosecutor dismissed the deal outright,' a source told the website.

The Real Housewives Of New Jersey star and her husband pleaded not guilty on Wednesday to a host of federal fraud charges at a Newark, New Jersey courthouse.

The Giudices were charged last month in a 39-count indictment with conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud.

'The prosecutor has said that if she wants to plead it out she has to do jail time,' the source said.

'They believe that the evidence will show that Teresa can’t play dumb. She was in cahoots with Joe and was just as much a part of orchestrating the scam as he was.'
The prosecutor is looking for jail time for both Teresa and Joe, despite the fact that they have four young children.

'They are pushing for time for both of them.

'They’re going to paint a completely different picture of Teresa and believe that they can show that she was just as involved as Joe in creating the fraud.'

The pair made their pleas in U.S. District Court after passing through a gauntlet of news media outside the courthouse. Neither spoke during the five-minute court proceeding, and their pleas were entered by their respective attorneys.