This weekend TMZ erroneously reported that Phaedra Parks had settled a $30M defamation lawsuit against Vibe Magazine for approximately $2,500. It sounded totally unbelievable to us and it turns out it was!
If you recall the Real Housewives of Atlanta star filed suit against the magazine when it published excerpts from a book written by Angela Stanton, a woman who claimed to be good friends with Phaedra and her husband Apollo Nida. Angela's book, scandalously titled Lies of a Real Housewife: Tell the Truth and Shame the Devil accused Phaedra of all sorts of illegal misdoings.
Angela also provided an interview to Vibe in which she claimed Phaedra was a criminal mastermind behind an auto theft ring. Angela also alleges that her involvement with Phaedra's criminal organization led to not only her incarceration but Apollo's!
Phaedra's mother, Pastor Regina Bell also filed a defamation suit against Vibe for $6M and TMZ reported Regina settled for a pathetic $10! Um… yeah to the right – that won't even buy a lady lunch!
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