It's official: Abby Lee Miller is definitely the new Teresa Giudice in the celebrity world. The Dance Moms star is facing some serious jail time after she pleaded guilty to her $5 million dollar fraud case.

Several reports indicate that the reality television star allegedly hid her income and assets and failed to pay her taxes for many years.

Miller was hit with 20 counts of fraud for allegedly trying to hide her income when she declared bankruptcy back in 2010. That year Miller filed a petition to reorganize her Pittsburgh, Penn. studio, the Abby Lee Dance Company. Back in October of last year, U.S. Attorney David J. Hickton reports that Miller opened up bank accounts to hide more than $755,000 she made from her reality show and merchandising. Miller also didn't report some of the money she made to the IRS and lied on financial reports.

And now Miller's world is all crashing down as there's a good chance that she'll end up in jail for at least two years for the alleged crimes that she has supposedly committed.

According to Deadline, Miller pled guilty to party of her indictment last year on 20 counts of fraud and an added charge of violating currency reporting laws. Her lawyers are asking for a maximum of six months in jail.

Yet, fans can't help but wonder why the Lifetime network is still keeping Miller on their payroll. As of this week, Dance Moms is set to return to Lifetime for the second part of its sixth season in the fall - with Miller still very much involved in the show. She also has master classes lined up all over the country well into August in locations such as Utah, New York City and the Hamptons.

Tags: Dance Moms Reality TV lifetime abby lee miller