Yep! It’s True! Apollo Nida is Sentenced to 8 years

Madd News Apollo Nida

 

 

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Deuces! Indeed! Apollo Nida has officially been sentenced to 8 years in federal prison for cashing stolen checks and laundering more than $2.3 million through fraudulent bank accounts.

Nida served time in state prison (2003 to 2009) on a RICO charge, federal racketeering, for altering Vehicle Identification Numbers on stolen cars.

Apollo Nida married reality starlet Phaedra Parks in 2009, and they have two sons, Aiden and Dylan.

TMZ reports:

The judge who sentenced him today in a Georgia court said Nida did indeed cooperate with federal investigators by spilling criminal secrets … and that’s why he got leniency.  

Nida could have been sentenced to 30 years, so 8 years is a big victory. 

He was given a voluntary surrender option and is expected to turn himself in at a later date.

Madd Factor: This is a rare sentence for a repeat offender. I would hate to be his friends and family right about now! -Smh

Largest Food Stamps Fraud Bust in History

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Rolling Out Reports: Record breaking arrests have been made in what is being called the largest case of food stamp fraud ever seen in the history of the program. Federal and state authorities have arrested a husband and wife team, Brandon and Kimberly Sapp, and charged them with being the ringleaders of the crime spree. The couple set up at least 18 fake grocery stores throughout the state of Georgia in Atlanta, Macon, Marietta, Lithonia, LaGrange, Stone Mountain, Riverdale and Savannah in predominately black neighborhoods. The scheme involved the alleged illegal purchase of more than $18 million worth of benefits between December 2009 and December 2012.

Once the fake stores were set up, it was then that the couple had their team go door to door asking people if they wanted to trade their food stamps and WIC vouchers for cash. Federal and state authorities opened an investigation that lasted longer than two years because of the scope of the food stamp fraud operation. U.S. Attorney Edward Tarver said “When you steal from the federal government, it’s theft. These are programs that were provided by Congress to provide nutritional food assistance to the most needy in our society.”

Now more than 70 arrests have been made in the investigation. These arrests include 30 people indicted for selling their food stamps and WIC vouchers. Georgia’s public health commissioner Dr. Brenda Fitzgerald stated “This is a huge deal for Georgia … this is unacceptable behavior. This will not be tolerated in Georgia.”

Apollo Nida Denies Allegations But Sources Say Different

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The Drama unfolds .. A defiant Apollo Nida has been spotted around town still balling out of control.  A source at a popular down south eatery, shared with me that Apollo Nida has not only been in contact with the woman that have been accusing him of fraud, but have met with her multiple times in the past, although he denies even knowing her.

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The shocker is that Apollo Nida is a Baller indeed, with a private condo in Midtown Atlanta, far from his home with Phadera Parks and two kids. The Juice gets Sweeter….

It seems that Apollo states that the whole investigation and story, is just to boost ratings for the Bravo show Real Housewives of Atlanta. Another major rumor of additional RHOA cast members are also involved in the elaborate scam .  

 

Apollo Nida RHOA Phaedra Parks Husband charged with Fraud

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The clock is striking again, as confirmation that Apollo Nida was arrested for fraud  this past Thursday. What happen to those checks from the Real Housewives of Atlanta? The rumors of past involvement of Apollo and Phadera being involved with a racketeering scam have been circulating for years.

 The AJC reports: “The Real Housewives of Atlanta” cast member Phaedra Parks’ husband Apollo Nida has been arrested and charged with bank fraud and identity theft, according to a complaint filed by the U.S. District Attorney’s office in Atlanta Thursday.

Nida was imprisoned from 2004 to 2009 for breaking federal racketeering laws related to auto title fraud. He married Parks, an attorney, in 2009 and they have since had two children

SEE MUG SHOT …

Madd News Apollo Nida