Nigerian political commentator and television personality, Wendy Osefo, is estimated to have a net worth of approximately $200,000, as reported by Celebrity Net Worth. Before she gained fame as a reality TV star, Osefo often contributed to The Hill, an American newspaper, and was a member of the late Congressman Elijah Cummings' board.She was a part of three programs he was associated with, including the Youth to Israel Program, the Children's Scholarship Fund Baltimore, and the Education Foundation of Baltimore County Schools.She also had a career in education, teaching at Johns Hopkins University. She also had a career as a commentator on news channels such as CNN, MSNBC, and Fox News.In 2020, she was named as one of the newest members of The Real Housewives of Potomac for season 5. She is married to attorney and entrepreneur Edward Osef. They have three children together. View this post on Instagram Instagram PostThis year, the couple was arrested on the basis of fraud charges. Keep reading to learn more about Wendy Osefo's ongoing legal drama.What claims did the prosecution make against Wendy Osefo and her husband?According to reports from the Baltimore Banner, the prosecutors have asked for more financial details from the Osefos. According to the prosecutors, they believed that the couple had:"approximately 40 credit and/or debit cards, some of which are believed to be in company names."Some of the names they suspected the Osefos were using are Pam Oliver and Eddie Hennessy. They believed that Wendy and Edward used these names with the intention of a "deliberate attempt to mask their identity."On the other hand, Wendy Osefo and her husband's attorneys said that the prosecutors are on a "fishing expedition," referring to the way they are building their case.Additionally, according to the Baltimore Banner, the prosecutors wrote in the court documents:"The State expects such documentation to show a pattern of excessive spending, supporting motive in this case. The State avers that insurance fraud is a financial crime, and in that, the amount of debt owed by the Osefos, jointly, individually and by the businesses that they own, is highly relevant to their motive."Edward "Eddie's" attorney also added that the prosecution is:"Looking for something they haven’t figured out after 18 months of investigating."What did Edward and Wendy Osefo say in a statement?After the news was making headlines, Wendy Osefo and her husband decided to share a joint statement from their legal team on Instagram. She captioned the post:"What is most disturbing is that the State appears to have begun investigating only after charging the Osefos, which is a highly irregular approach that raises serious concerns about motive and fairness. The Osefos have never used an alias on any financial application; this allegation is false and misleading."The statement began:"At the outset, Police failed to properly investigate the initial burglary despite clear indications of a break-in, displaying clear bias against the Osefo family. The Osefos heard nothing but silence from police for over 18 months despite complete cooperation and requests for updates. It is common knowledge that other Real Housewives cast members have also been victimized after documenting their travel on social media, yet none faced this level of scrutiny or criminal charges."The statement continues:"We believe it is deeply unjust for the Sherrif's Office and Office of the State's Attorney for Carroll County to publicly expose confidential financial information about Eddie and Wendy Osefo."The next part of the statement was used as a caption for Wendy Osefo's post. It also reads:"The public release of the family's private financial details serves no lawful purpose and only invites conclusory opinions about a case the State is obviously still investigating." View this post on Instagram Instagram PostThe statement concludes with:"Such names were used for he delivery of packages, following their lawful purchase, to safeguard the identity of very public figures. It is ironic for the State to assert or exaggerate the existence of any purported debt in connection with this accomplished professional couple. Due process is paramount to the administration of justice, and its breach by misleading the public with a false narrative has only compounded the harm. The defense is confident the Court will prevent any further violation of the Osefos' right to a fair trial."Wendy Osefo's life has taken a serious turn as she and her husband face fraud allegations. While prosecutors claim there are signs of hidden identities and financial problems, the couple denies all accusations. As the case continues, both sides are preparing to prove their version of the truth in court on December 2.Also read: ⁠Who is Wendy Osefo married to? RHOP star and her husband’s mugshots go viral following arrest over alleged fraud