According to various reports, she now faces 21 to 27 months behind bars, while husband Joe Giudice - who also pleaded guilty inside a Newark courthouse - could be in jail for up to 46 months.
"Today, I took responsibility for a series of mistakes I made several years ago," Giudice said. "I have said throughout that I respect the legal process and thus I intend to address the court directly at sentencing.
"I will describe the choices I made, continue to take responsibility for my decisions, and express my remorse to Judge Salas and the public."
Teresa and Joe will be sentenced on an unannounced date.
The Giudices, meanwhile, are parents to four daughters: Gia, 13, Gabriella, 11, Milania, 9, and Audriana, 5.
"I am heartbroken that this is affecting my family -- especially my four young daughters, who mean more to me than anything in the world," Teresa added. "Beyond this, I do not intend to speak specifically about the case outside of court, at the recommendation of my attorney and out of deference to the government and our legal system."
But Teresa is attuned to the outside world, despite her personal woes.
Prior to heading to court on Tuesday, Teresa Tweeted her congratulations to Real Housewives of Atlanta star NeNe Leakes, who is part of the Dancing With the Stars Season 18 cast.
"Congrats @NeNeLeakes on DWTS!" Giudice wrote. "Can't wait to watch you. Xx."
Ummm... do they get ABC in prison? Someone might wanna check on that for Teresa.
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