After Experiencing Financial Problems, These Celebrities Can No Longer Live Extravagantly

Published on 08/24/2021
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Teresa Giudice

She was wrong if she assumed that participating in The Real Housewives of New Jersey would help her get out of debt. In reality, the show most likely made things worse for Teresa Giudice by drawing greater attention to her financial woes. It all began in 2009 when she and her husband were accused of having a $10 million debt. They were forced to file for bankruptcy and attempted to recuperate their losses through fraud, which resulted in their arrest. She was incarcerated for over a year before being released.

Teresa Giudice

Teresa Giudice

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Sinbad

This comedian possessed all of the qualities that one could desire. Sinbad rose to fame after starring in the film A Different World. However, things didn’t go as planned for him. Due to his company expenses and other factors, he had to declare bankruptcy more than once. He apparently had an $11 million debt in 2013, which he couldn’t pay off because he only made $16,000 per month.

Sinbad

Sinbad

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