Will Kenya put money on Apollo’s books if he goes to prison for 30 years?
Kenya Moore Laughs At Apollo Nida After He Pleads Guilty For Fraud
Phaedra Parks’ shady hubby Apollo Nida has been going through a legal storm for the past few months after it was revealed that he was involved in a bank fraud scheme where he allegedly defrauded multiple people to the tune of over $2 million.
Via AJC reports:
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.
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.
Not only has Apollo had drama with the law but with RHOA cast-mate Kenya Moore. The reality star recently blasted Apollo for his legal troubles. Karma is a cruel mistress?
Looks like Kenya might get the last laugh after all if Apollo gets put away for his fraud charges. Hit the flip to see what else she had to say about the jailbird house-husband next…