In the annals of celebrity gossip, there are few downfalls more memorable than that of Teresa Giudice.
The Queen Bee of her social circle just one year ago, Teresa will soon be trading in her tacky party dresses for a penitentiary orange jumpsuit, and the legal system seems to be doing everything it its power to make an example of the reality star and her husband.
According to sources close to Teresa, the Giudice's home was raided yesterday by federal agents seeking cash and valuable property.
Joe and Teresa reportedly still owe upwards of $200,000 in restitution, and insiders say that they've failed to set up a payment plan, which prompted the government to take action.
The agents reportedly discovered a treasure trove of cash and high-end belongings, including, sadly, the kids' Christmas presents:
"Plasma televisions, expensive jewelry, cash, and even the kids Christmas presents were taken," says one insider.
"Teresa was home and was absolutely stunned by the raid. She had no clue they were coming. She was absolutely hysterical, and begging them not to take the girls' Christmas presents."
Yikes. Regardless of your feelings toward Teresa, you can't help but feel bad for her four daughters.
Watch The Real Housewives of New Jersey online to see the Giudices in happier times.