It’s yet another story of financial woe and bankruptcy regurgitating its way out of the “Real Housewives of Overspending” franchise, and this time, we’re headed back to Jersey.
“Real Housewives of New Jersey” stars Jacqueline Laurita and hubby Chris are reportedly being slapped with a $7.8 million lawsuit by business associates involved in their failed clothing venture, Signature Apparel.
RadarOnline reports that the company, which was managed by the couple and Chris’ brother Joseph Laurita, grossly misused funds for personal profit rather than re-investing in the former multimillion dollar-making company.
In August 2010 Signature Apparel went out of business, and two months later, Jacqueline and Chris filed for bankruptcy.
The lawsuit filed against them this month included the following statement: “The Laurita brothers soon drained the Company of all of its funds and assets in order to support their families’ increasingly opulent lifestyle of private jets, limousines, extravagant parties, premium automobiles, designer clothing, ostentatious home furnishings and lavish vacations.”
But Jacqueline and Chris aren’t just dealing with allegations of overspending—when it comes to the New Jersey Housewives, allegations of over-sharing in the pasty-thong arena always come up a close second. Rumor has it that the reason Jacqueline was M.I.A. on the show’s recent two-part reunion was because Teresa “I’m-a-Good-Person” Giudice had been gossiping about her purported stripper past in Sin City during filming of Season 4.
Somewhere, in a place surrounded by love and light, Danielle Staub is laughing her heiny off.