In a damning finding, Judge Morris Stern found Joe Giudice forged ex-pal Joe Mastropole‘s signature on a mortgage document and then spun a “web of lies” in order to take out another loan and pocket $1 million.
Suggesting Joe had a “lack of credibility“, Judge Stern also ordered the house husband — who along with Teresa are almost $11 million in debt — to pay back the money despite their legal claim for bankruptcy protection.
“The signing of Mastropole’s name was a forgery… exhibiting willfulness and malice toward a former friend and current adversar,” Judge Stern wrote in his judgment, handed down in the U.S. Bankruptcy Court in Newark on Monday.
Joo-dice victim, Joe Mastropole
“The extraordinary web of lies and misrepresentations woven by Giudice to implement and cover his misconduct reflects on his approach to business matters and suggest his disregard for legal restraints which would bind others.” Judge Stern added: “Joe Giudice was both thoroughly unconvincing as a witness and unbounded as a prevaricator in spinning a tale about the events.”
This order upholds a previous October 2009 judgment Mastropole won in the case, which has been in dispute because the Giudices filed for bankruptcy. Lawyers for the big spending Giudices’ confessed Joe signed the document but said he did so with Mastropole’s permission. He also admitted forging his wife’s name on everything from their mortgage to his business documents, in addition to that of a notary and an employee.
Speaking exclusively to RadarOnline.com, Mastropole’s attorney Monica Chacon said the judge’s findings proved the TV house husband was a “liar, cheat and a fraud!”
“Little by little the truth is starting to show who these people really are and exactly what they are all about,” Chacon said. “The question now is after being declared a fraud and having the debt to Mastropole survive the bankruptcy, will the Giudices ever actually pay it or will this continue to be a game of catch me if you can?”
They listed Neiman’s… owing them $5,196.07
When Teresa took the stand in the case last December, she told court she had no idea she declared bankruptcy until well after papers were filed. Claims against her were later dropped, as RadarOnline.com reported.
“Apparently Teresa is too stupid to know what her husband has been doing or she has got us all fooled,” Chacon said before she warned: “Her day of reckoning is still to come.”