Apollo Nida Fraud

Kandi Burruss & Todd Tucker

Probably not a good idea to admit you’re harboring a convicted felon’s property on national television! Kandi Burruss and Todd Tucker are about to learn the hard way that when dealing with Apollo Nida one is gonna get burned! 

Two days after the season premiere of Real Housewives Of Atlanta -when Kandi and Todd announced that a motorcycle and a four-wheeler owned by Apollo were in their garage while Apollo serves his 8-year prison sentence – the feds are seeking a surrender lien on said property. Oops. 

Poor ToddApollo has done him WRONG as a friend!


apollo nida admits to lying about kenya more rhoa season 7

While Apollo Nida currently bides his time in prison, when he gets out he’ll be on the hook for a whopping $1.9 million in federal restitution. While Apollo was being investigated and before he went to prison Feds were on the lookout for Apollo’s money – which did not come from his wife Phaedra Parks but by Bravo Media and True Entertainment! 

According to court documents the Feds believed Real Housewives Of Atlanta producers and Bravo Media were holding assets for Apollo and not releasing the monies because they would automatically be confiscated by the Feds. 


phaedra parks departs 050412

Rumors have been swirling for months that Phaedra Parks is on the brink of divorce from Apollo Nida. Today the Real Housewives Of Atlanta star’s rep confirmed that Phaedra has retained legal counsel and is moving forward to end her marriage!

Phaedra has retained an attorney with the intent of amicably ending her marriage,” Phaedra’s rep Steve Honig shared with Reality Tea.

Phaedra was reportedly under “tremendous strain” while trying to keep her children’s lives normal while Apollo underwent his legal battle, and subsequent incarceration. 


Apollo Nida Peace Sign

Apollo Nida has just days left before he must surrender to federal prison in Kentucky. Which means, “at the end of the day” the Real Housewives Of Atlanta star has a lot of writing to do because he’s writing a book!

According to reports Apollo is hurrying to finish a tell-all memoir before he begins serving his 8-year sentence. Apparently Apollo has to get the book done before heading to prison due to the law and he has hired multiple ghost writers to complete the project. 


Apollo Nida White Car

Just in time for Real Housewives of Atlanta to wrap filming, Apollo Nida will be heading to prison!  On September 10th at noon Apollo is scheduled to report to prison to FMC Lexington Prison in Lexington, Kentucky. 

Apollo will serve an 8 year sentence for various financial frauds and also owes about $1.9 million dollars in restitution. His wife Phaedra Parks was not at his sentencing and the couple is reportedly on the brink of divorce, although neither has filed.In fact Apollo himself admitted that he does not think his marriage will be in tact following his prison sentence. “I doubt [that my marriage will survive this]. My wife didn’t even fu**ing show up for my sentencing. I’m still kind of salty about that,” he confessed in an interview last month.  


Phaedra Apollo RHOA Mexico Cheating

Apollo Nida was giving yet another interview – this time to Be100 – and, as always, didn’t hold anything back.  The Real Housewives of Atlanta star drops a few shocking drops of tea.  His restitution initially started at $14 million.  He doesn’t think his marriage to Phaedra Parks will survive.  And he says there were others involved in the fraud dealings, but he took the brunt of the fall.

When asked how the sentencing has affected his family life, Apollo says “It’s hell. Hell on wheels. I’ve asked god to forgive me.  I’ve forgiven myself.  I had to move on.  From there I just had to bite down, I was going through so much.  It doesn’t make you less of a man to cry and shed tears. I’ve shed tears. I’m just upset at how I was raised and to possibly be taking my son through the same thing. But by the grace of God he’s still young and we have many years ahead of us. I just can’t make those same mistakes. It’s all on me.”  

He continues, “a lot of people could be held accountable, but at the end of the day, it’s over with now. We’ll pay back the $1.9 million and keep going.  By the grace of God I was able to get that down. It [restitution] was $14 million.”

phaedra parks with sons ayden and dylan

It’s no secret that the entire Real Housewives of Atlanta cast is not only back, but they’ve already started filming for the seventh season.

It’s also no secret that Phaedra Parks marriage to Apollo Nida is, shall we say, on the rocks! While Apollo was getting sentenced for federal financial fraud and looking forward to 8 years in prison plus repaying $1.9 million in restitution, Phaedra was on vacation with Kandi Burruss

Despite the fractures in the marriage, including that Phaedra and Apollo are practicing for prison living apart, the two were spotted filming a scene with their two sons Ayden and Dylan


Kandi Burruss and Todd Tucker Presents:

The verdict is in for Apollo Nida’s restitution amount in his bank fraud case and it’s staggering (but probably less he deserves).  The Real Housewives of Atlanta star owes his victims a total of $1.9 million and, as we reported earlier, was sentenced to eight years in prison

The order was entered this week and a breakdown reveals that Apollo’s largest amounts will go to JP Morgan Chase Bank (828,000), Campus USA Credit Union (277,000), and UP2Drive BMW Bank (100,000). 

“Based on the consent motion of the parties and the court’s review of the record in this matter, the court directs defendant Apollo E. Nida to pay restitution to the Clerk of Court I the total amount of $1,948.214.85. This amount is due and payable immediately.  Restitution is payable jointly and severally with the restitution order to be entered in United States v. Gayla O’Neal St. Julien, 1:13-CR-00403-CAP.”

Page 1 of 3123

Around The Web

RealityTea.com is a property of TotallyHer Media, LLC, an Evolve Media, LLC. company. ©2015 All rights reserved. 
| AdChoices
Wordpress Design by Blog Design Studio