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Apollo Nida (‘Real Housewives of Atlanta’), Faces 30 Years in Prison




Apollo Nida, the husband of Phaedra Parks,  today pled guilty to charges of mail, wire and bank fraud in the U.S. District Court for the Northern District of Georgia.


 Nida faces 30 years in prison and a fine of up to $1 million on top of restitution for an estimated $2.3 million he allegedly defrauded various individuals, financial institutions and government agencies. Judge Charles Pannell has set the sentencing hearing for July 8 at 2 p.m.
Alana Black, the assistant U.S. attorney, told Judge Pannell Nida’s scheme in elaborate detail. He opened a fraudulent debt collection agency to gain access to databases full of individual’s personal information. He would then steal people’s Identity and find unclaimed funds, refunds from the U.S. Department of Housing and Urban Development, stolen U.S. treasury checks and refunds from fraudulent U.S. income tax returns.
Nida had St. Julien open UPS mailboxes and bank checking accounts using those fake identities, deposit those checks, then pocket the money.
Later, he created fake auto dealerships and then get auto loans for phantom cars.
If Nida would have placed his energy into doing business the right way, he could have made money and he would still have his freedom.


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