‘RHOA’ Apollo Nida Pleads Guilty to Fraud; Faces Up to 30 Years & $3 Million In Fines

What many assumed would eventually happen, the husband of “Real Housewives of Atlanta” co-star Phaedra Parks has pleaded guilty to mail, wire, and bank fraud in U.S. District Court for the Northern District of Georgia.

On Tuesday (May 6), Apollo Nida proclaimed his guilty plea in front of Judge Charles Pannell. Nida, at that point, accepted any forthcoming consequences that he’d brought upon himself. The consequences, as presumed by AJC, may include prison time 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. 

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.

His co-conspiratory, Gayla St. Julien was sentenced to 61-months.  Nida is expected to return for sentencing on July 8.