Teresa & Joe Giudice — SURRENDER … Released On $500k Bond Each

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Teresa and Joe Giudice are each free on $500k bond … after surrendering to federal authorities in their fraud case.

As part of the terms of their bail, both Teresa and Joe had to surrender their passports and are restricted to New York and New Jersey.

Joe, who is not a U.S. citizen, is subjected to drug testing. Teresa will not have to subject herself to drug testing.

The “Real Housewives of New Jersey” couple is scheduled to be arraigned in federal court in New Jersey on August 14.

As we previously reported, both Joe and Teresa are facing 30 years in prison after being hit with 39 counts of fraud.

Teresa”s attorney has previously stated that she will plead not guilty to the charges.