And Phaedra Wept: Apollo Nida Sentenced To Only 8 Years In Prison After Snitching In Fraud Case

Damn Apollo

Apollo Nida Sentenced To 8 Years In Prison

After facing 30 years in prison for getting caught committing bank fraud, Apollo Nida has gotten off easy with an 8 year sentence. Poor Phaedra

TMZ reports: 

Apollo Nida just got an enormous break for singing like a canary … he got 1/4 the maximum sentence for a massive money fraud scheme.

Nida — who appears on “Real Housewives of Atlanta” with wife Phaedra Parks — was just sentenced to 8 years in federal prison for cashing stolen checks and laundering more than $2.3 mil through phony bank accounts.

The judge who sentenced him today in a Georgia court said Nida did indeed cooperate with federal investigators by spilling criminal secrets … and that’s why he got leniency.

Nida could have been sentenced to 30 years, so 8 years is a big victory.

It’s all relative folks.

 

Keep in mind that he still has to pay the government $1 million in restitution and is is expected to begin his prison term in three to six weeks.

SMH…what about Mr. President???

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