BOMBSHELL: Exclusives///teresa giudice publicist wendy purner feldman jailed for fraud scheme - Exclusive Report

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Birds Of A Feather? Teresa Giudice's Publicist Served Time In Federal Prison For $4.1 Million Fraud Scheme, Admitted Oxycontin Addiction

//teresa wedny

Jan. 31 2014, Published 4:27 p.m. ET

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As Teresa Giudice faces more than fifty years in prison, she could be getting convict tips from someone in her inner circle: Breaking Celebrity News can reveal that Giudice's publicist and BFF, Wendy Feldman, served time in federal prison for her own $4.1 million fraud scheme!

Feldman, a former registered trader, was barred from the securities industry and sentenced to 27 months in federal prison back in 2006, after the SEC uncovered an extensive Ponzi-like scheme she'd been running for years.

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According to court documents obtained by Radar, from 1998 to late 2001, Feldman, then known as Wendy Feldman Purner "breached the trust of her brokerage customers and investment advisory clients and engaged in fraud when she misappropriated $4,145,000 from their accounts."

"While associated with a registered broker-dealer and investment adviser, and later at her own investment advisory firm," the initial complaint alleged, "Purner received money from her customers and clients to invest and manage."

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Read The Court Documents

But according to the 2006 complaint, she "told her customers she would invest their money in various investment vehicles …but rather misappropriated it" for her own lavish lifestyle, "including Las Vegas vacations and gambling." Feldman also