"Dance Moms" star and ALDC head coach Abby Lee Miller is planning to own up to the charges filed against her by federal prosecutors and will plead guilty on June 27 to bankruptcy fraud and failure to report $10, 000 worth of Australian currency she brought in to the US.
Although the exact details are under wraps, cutting a deal with the feds will likely result to Miller avoiding prison term and pay a hefty fine. If she has chosen to plead not guilty, the charges could end up badly for her with 5 years of jail time and more than $5 million in fines.
"Events over the past several months have been extremely challenging for me, my family, my friends and most important, my students. Because of this I made the very difficult decision to close the door on this chapter of my life by accepting responsibility for mistakes I have made along the way," the Miller's official statement said, Yahoo News reported.
The US Attorney's office charged Miller with single count of money laundering after investigations reveal that the "Dance Moms" coach sneaked in foreign currency from Australia in excess of $10, 000. In addition, the feds are also pursuing another case amounting to $120, 000 although it's not yet clear whether the second amount is connected to the foreign currency charge or part of a much bigger deal she reached with the prosecutors surrounding her fraud case, Deadline reported.
Apart from the abovementioned case, the dance coach is already dealing with 20 counts of federal charges from bankruptcy fraud, to concealment of bankruptcy assets, and false declarations.
Miller was initially charged after her attempt to conceal $775,000 worth of income she earned from the reality show and other off-the-show projects after she filed for bankruptcy. With Chapter 11 bankruptcy protection, Miller gained more favorable mortgage conditions on her $200, 000 Florida home and $96, 000 on her dance studio, which is why hiding of income constitutes a crime, prosecutors say.
