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Apollo Nida is an American businessman and reality television star with a net worth is $400. Apollo Nida is the husband of The Real Housewives of Atlanta cast member, Phaedra Parks. An asset recovery specialist, he is additionally a convicted felon, who served five years in jail for receiving stolen goods. His wife, Phaedra is an effective entertainment lawyer, and also a recent graduate of mortuary school; she means to open up her own mortuary services business in the near future. His wife has been with The Real Housewives of Atlanta for several seasons, and is heavily involved with civic matters in Atlanta, plus the surrounding region.
Apollo Nida Net Worth $400,000 Dollars
In January 2014, national investigators accused Apollo Nida of using fake businesses and bank accounts to illegally obtain credit file about individuals. An alleged co conspirator then used the credit reports to acquire fraudulent loans. He allegedly assumed the identities of 10 girls this way to acquire largely bogus auto loans. Nida has additionally been accused of paying a US Postal worker to steal retirement checks sent to Delta Employees from the post and checks that were issued to people who were owed money from various state and government bureaus. In total, Apollo Nida is accused of fraudulently obtaining $3 million worth of bogus loans and stolen checks. For this crime, he could havefaced a 30-year sentence, but recent reports suggest that he was sentenced to eight years in prison for identity theft, conspiracy and fraud on July 8, 2014. The motive his prison term was so considerably shorter compared to the maximum is because he worked together with the government about the fraud.
Phaedra adamantly denies having any knowledge of this illegal action and although rumors have surfaced that she’s filed for divorce, Phaedra says the rumors are untrue. The couple’s relationship were struggling in the most recent season of The Real Housewives of Atlanta, because of Phaedra’s long hours together with the funeral business and questionable communication between Apollo and fellow housewife, Kenya Moore. During the sentencing, Apollo’s mother was present, but apparently, Phaedra was not.