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And the Ratchet Reality TV Stars Watch continues…
Something tells me Apollo likes jail… Why would you come out of jail only a few years prior then turn right around & go back for the same thing? It seems he had plenty of opportunities (and capital via his wife) to establish legitimate &successful businesses. Did Phaedra know this was going on? She’s no dummy! I believe she did.
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.
In court, wearing a light-colored plaid jacket, Nida accepted charges that could land him in prison for up to 30 years 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 detail. He opened a fake debt collection agency to gain access to databases full of individual’s personal information. He would then steal people’s ID 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.
Nida said in court that he takes “full responsibility for my actions” and expressed regret for hurting his family and any individuals and institutions affected by his fraud. “It was a dumb situation I put myself in,” he said.
He did provide some context. In 2009, Nida had just left prison after five years for federal racketeering charges related to auto title fraud. He and Parks married and she soon signed on to be part of “Real Housewives of Atlanta.”
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