INGLEWOOD, CA - MARCH 12:  TV personality Abby Lee Miller attends Nickelodeon's 2016 Kids' Choice Awards at The Forum on Marc
Frazer Harrison/Getty Images

Abby Lee Miller, star of Dance Moms, struck a deal with federal prosecutors and agreed to plead guilty on charges of bankruptcy fraud, concealment of bankruptcy assets and falsely declaring bankruptcy, as reported by Forbes

The Wrap reports that Miller concealed $675,000 dollars of income earned from her reality TV show during 2012-'13, the same time period during which she filed for Chapter 11 bankruptcy. The dictatorial dance instructor also admitted that she failed to declare $120,000 in Australian currency, which she had assistants smuggle into the country in Ziploc bags.

The charges carry a maximum penalty of up to five years in prison and a $5 million fine, but Miller’s legal team are in negotiations with the federal prosecutors to ensure that Miller serves less than six months in jail. The feds, however, want her to serve 24-30 months, according to the Associated Press

Miller gave this statement:

"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.”

Who knows, this plea deal could see Abby Lee Miller's teaching transformation go from tyranny to tenderness.