Ralph and Karen Guastaferro, of 'Wife Swap,' Charged with Money Laundering

By Deena Bustillo on
Ralph and Karen Guastaferro had their 5 minutes of fame in 2008, when they were featured on the reality show Wife Swap, now they're back in the headlines for being charged with money laundering. The duo was charged with laundering over $1 million from a Canadian telemarketing scheme. Ralph, 62, and Karen, 55, both face jail time: up to 16 months for Karen, and 5 years for Ralph. The couple pled guilty to the charges in a New York court, and a date for sentencing has not yet been set...Read Full Story