He and brother Marc will enter their pleas in court on Friday.
The feds also accused the Sorrentino brothers of inflating business expenses for luxury cars and clothing, and also structuring multiple cash deposits into different bank accounts in order to avoid reporting deposits to the IRS.
MSU President Simon and Trustee Foster attend Nassar's sentencing
Another gold medallist, Aly Raisman , tweeted that she would not attend the sentencing because it is too traumatic for her. Nassar told her, "No one should ever do that, and if they do, you should tell someone", Stephens told the court.
Marc's lawyer declined to comment while The Situation's lawyer didn't get back to us.
As if all of that weren't enough, both of the brothers were already indicted on other charges past year, including tax evasion, structuring, and falsifying records.
Both men are also facing a statutory maximum sentence of five years in prison on the conspiracy count and three years in prison for each count of aiding in the preparation of false tax returns.
Frat pledge's alcohol death leads to hazing charges for 9
In a statement the FSU president said, "These arrests are the first step in seeking justice for Andrew and his loved ones". Vice President Amy Hecht continues to work with our student groups in an effort to prevent further tragedy.
Both Sitch and his brother Marc copped pleas in connection with allegedly hiding almost nine million dollars' worth of earnings made by the reality star between 2010 and 2012, according to TMZ.
In a superseding indictment filed in U.S. District Court in April, prosecutors made said Michael Sorrentino tried to evade government scrutiny by keeping his bank deposits under $10,000, anything above that amount would require the bank to file a transaction report under federal law. The two brothers created phony businesses, overstated deductions, and underestimated their income.
"The Situation" appeared on all six seasons of the MTV reality show, which followed the lives of rowdy housemates on New Jersey's famed Atlantic shore and ran from 2009 to 2012.
Former Japan coach Eddie Jones signs extension with England
Jones will be back at Twickenham on Thursday to name his squad ahead of England's opening game in Italy on February 4. Brown said the new contract would not prohibit Jones taking over the Lions.