By Jake Perlman
March 04, 2014 at 06:33 PM EST

Real Housewives of New Jersey star Teresa Giudice has pleaded guilty to four counts of fraud.

In a statement given to People by her lawyer, the mother of four said, “Today I took a responsibility for a series of mistakes I made several years ago.”

Teresa and her husband, Joe, who was with her in the U.S. District Court in Newark, New Jersey, originally pleaded not guilty to the charges in November. The couple had requested to have two separate trials, but both pleaded guilty to the counts Tuesday, including conspiracy to commit mail and wire fraud and three counts of bankruptcy fraud.

“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 said in the statement. “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 decision, and express my remorse to Judge Salas and the public.”

Teresa will be sentenced on July 8 and could reportedly spend up to two years in federal prison. Joe is likely to serve between 37 and 46 months.

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