Looks like Phaedra couldn’t save her husband from another jail stint. Apolla Nida, the husband of “The Real Housewives of Atlanta” star Phaedra Parks, pleaded guilty to various charges, reports CBS 46.
Nida, 39, plead guilty Tuesday to conspiracy to commit bank fraud and wire transfer. He will have to reportedly pay restitution ranging anywhere between $2.3 million and $4.5 million.
In their statement today, the U.S. Department of Justice laid out the case against Nida:
“This defendant participated in a sweeping fraud scheme that exploited many segments of the financial system, including phony claims submitted to federal and state agencies, loans secured by vehicles, and even basic identity theft associated with stolen checks,” said United States Attorney Sally Quillian Yates. “The extensive nature of the fraud is unfortunate and breathtaking. Prosecutions like this case help to highlight the vulnerabilities in the financial system, so that we can prevent future schemes and protect our citizens and government agencies from theft like this.”
Apollo says he got caught up because of his wife.
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