Hot Tea Alert: Feds Serve Apollo Nida With $1.9 Million Restitution Lien

Posted on Aug 22 2014 - 1:33pm by Editor

Apollo

Apollo Nida’s problems have just QUADRUPLED — on top of his recent 8-year prison sentence for identity and bank fraud, the “Real Housewives of Atlanta,” star has reportedly been hit with a restitution lien by the government as part of his criminal conviction, according to theJasmineBRAND.com.

[READ] Apollo Nida May Be Married Man Going Into Prison But A Divorced Man Leaving Prison 

Star of the “Real Housewives of Atlanta,” Apollo Nida will start serving his 8-year prison sentence in upcoming weeks. In the meanwhile, he was ordered to pay nearly $2 million in restitution, for his bank and identity fraud conviction. The money is to pay back the victims of his crimes.

Based on the court document, Apollo has to pay a whopping $1,948.214.85. The restitution is “due and payable immediately,” according to court documents.

How is Apollo suppose to pay this money when he’s essentially broke, unemployed and heading to the slammer?

Below is an excerpt from the court document:

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, l:13-CR-00403-CAP.

Apollo recently loss one of his properties due to foreclosure through a tax lien. His wife, Phaedra Parks, and him are allegedly separated and likely heading to divorce once he starts serving his prison sentence.

[READ] Apollo Nida’s Accomplice, Gayla St. Julien Says Phaedra Parks Knew of Apollo’s Crimes & Apollo Snitched

We EXCLUSIVELY received information from a source who claims, Apollo’s bank and identity fraud scam was a large-scale scheme, concocted from within the prison by a gang of inmates. The scam involved several prisons across the US. This tea ties into his parole officer(s) aiding and abetting parolees to make an easy transition (with the scam) from prison to the streets. This explains how Apollo paroled from prison in 2009 and started this fraud scam within the same year of his release from prison. 

Apollo Nida was convicted of conspiracy to commit mail, wire, and bank fraud. Judge Charles Pannell, went easy on Apollo only sentencing him to 8 years in prison with 5 years supervised release. 

 

“Like” us on Facebook  “Follow” us on Twitter and on Instagram 

About the Author

Writing Staff at All About The Tea