The founder of Abby Lee Dance Company faces up to five years in prison if convicted of the bankruptcy fraud charges.
- Oct 15, 2015
AceShowbiz - Lifetime's reality TV star Abby Lee Miller is in trouble with the law. The "Dance Moms" star has just been slapped with a 20-count indictment that includes charges related to concealment of bankruptcy assets and false bankruptcy declarations.
The dance instructor filed a petition to reogranize her dance studio in 2010. She then allegedly lied about her TV deals, Masterclass studio sessions, and merchandise sales between 2012 and 2013. She was accused of creating bank accounts to hide her income, which totaled over $755,000.
"Federal bankruptcy proceedings can be a lifesaver for honest individuals overwhelmed by debt resulting from any number of legitimate reasons, but allegations of fraud and abuse threaten the integrity of the bankruptcy process and the public's trust in it," said Scott S. Smith of the Federal Bureau of Investigation's Pittsburgh Division. "We take our responsibility to pursue allegations of bankruptcy fraud seriously."
If convicted, Miller faces up to five years in jail and a fine of $250,000 for each count of the indictment. She follows the footsteps of Bravo's reality stars, Teresa Giudice and her husband Joe Giudice. "The Real Housewives of New Jersey" members are sent to jail for similar bankruptcy fraud charges.
