Apollo Nida has done it again. The Real Housewives of Atlanta star served five years in prison, from 2004-2009, for racketeering and now he has been arrested for allegedly committing more crimes. Nida is married to attorney Phaedra Parks.
Apollo is the father of two very young sons. He allegedly set up fake companies such as auto dealerships and debt collection agencies to obtain access to databases of people’s personal and financial information. After attaining the info he needed, he would create fake bank accounts under the names of real people and use those accounts to acquire auto loans. Apollo would then deposit loan checks and stolen U.S. Treasury checks into the bank accounts.
Gayla St. Julien is Nida’s accomplice. She was tied to at least 40 different bank accounts to the tune of $3 million in fraudulent funds! Gayla was arrested in September by the Secret Service and she implicated Apollo Nida as the person orchestrating the fraud schemes.
Apollo allegedly stole real people’s identities and have Gayla pretend to be them to open bank accounts. She would then deposit fraudulent auto loan checks, stolen U.S. Treasury checks, stolen retirement checks issued to Delta Airlines employees, and checks in the names of real people that were owed unclaimed property from various state and federal government agencies, according to the criminal complaint.
Gayla is the one who is behind this bust! She wore a wire and tape recorded conversations in which Apollo shared details about how he put together his schemes! Officers obtained a federal search warrant for Apollo’s vehicle and seized a laptop, cell phones and a bank debit card in the name of Ferrari Autohaus Inc., one of the fake companies he allegedly used as a front.
According to Sandra Rose, who broke the story, “Nida appeared in front of US District Judge Brill [Thursday] and he was granted a pretrial bond.” Sandra then points out, “This is significant because he is currently on state parole in Georgia, and due to the seriousness of his crime the charges usually trigger a state parole violation unless he is cooperating with the government.” That of course begged the obvious question, “Is the government planning to prosecute his wife, Phaedra, as well? How much did Phaedra really know? Remember what that book author Angela Stanton said about her?”
In case you missed it, in her book Lies of a Real House Wife: Tell The Truth and Shame The Devil, Stanton alleges that Phaedra Parks was involved with the racketeering scheme that Apollo was found guilty of. In her detailed account of Parks’ and Nida’s scheme Stanton said she was essentially the equivalent of St. Julien in that she was the one who would actually go into banks and set up accounts under other people’s’ identities.
* The love of money will f*ck you up every time! It’s not worth it. This is so tragic. Apollo and Phaedra had enough money. They didn’t need to steal millions of dollars from others, allegedly. If Apollo confessed to the crimes on tape, he’s going to return to jail and Phaedra might too! For more details on this explosive case, click here.