Apollo Nida To Pay Almost $2 Million in Restitution for Check Fraud And Money Laundering

When Apollo and Phaedra Parks were showing off their lavish lifestyle on The Real Housewives of Atlanta reality show, we all thought she was so lucky.

I wonder if she is regretting those expenses now? Some say she is considering divorce [read].

Apollo Nida was convicted of stealing close to $2.3 million in a bank fraud & identity theft ring, and sentenced to 8 years in prison. According to court documents he’ll also have to pay $1.9 million of the stolen funds as restitution.

TMZ reports that Apollo has to pay back several business and state governments which he stole from, including:


– JP Morgan Chase  $828,300
–  IRS  $127,011
– Delta Airlines  $24,985
– State of California  $15,778
– State of Connecticut  $45,525
– State of Texas $39,275
The list goes on.

If he and his wife share their assets together, which I think they do, then she is going to be doubly hit. Imagine losing your husband to jail and also having to shell out almost $2Million!