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“Real Housewives of Potomac” star Wendy Osefo and her husband Eddie Osefo had 67 credit cards in four designer wallets, authorities say.

Wendy and Eddie were arrested on fraud charges on October 9, according to the Carroll County Sheriff’s Office in Maryland.

She faces 16 charges, including 15 counts of fraud, while he was hit with 18 charges, including 16 counts of fraud.

The prosecution amended an earlier statement from November in which they said the Osefos had “approximately 40 credit cards” in their possession.

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Police found “67 [credit] cards in four different luxury wallets, including a lambskin, black-quilted Chanel wallet that was previously reported stolen.”

Most of the maxed out credit cards were in their names and the names of different companies. They frequently used aliases including “Pam Oliver” and “Eddie Hennessy.”

The Osefos were back in court on December 10, hoping to stop investigators from viewing 8 years of their financial records.

Prosecutors argued that there is public demand and interest in the case and that securing Wendy and Eddie’s financial documents (banking and income tax records) would ensure “justice is done.”

Prosecutors also reveal the reality TV couple “have very little money” and they are burdened with “substantial debt”.

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“Pattern of Excessive Spending”

Investigators revealed the Osefos have “a pattern of excessive spending” which they believe “support a motive in their criminal case.”

According to police reports viewed by The Blast, the couple reported a burglary at their home that never happened.

They then filed numerous insurance claims with three insurance companies to secure substantial payouts for items they claimed were stolen.

Maryland officials say some of the luxury items Eddie and Wendy claimed were stolen were returned to retail stores for full refunds.

Other items they claimed were stolen were seen in photos on Wendy’s social media accounts.

BACKGRID

“We will continue to push forward.”

Wendy responded to the fraud allegations against her and her husband during an appearance at BravoCon 2025 in November.

“I read your messages. I can’t respond to everyone, but your love and support means the world to me,” she said on the RHOP panel.

She continued, “You know, it’s an unfortunate situation, and right now I can’t say too much, but I will say when the time is right, I will share my story with everyone, and for now they’re just allegations, so we will continue to push forward.”

Watch the video below.