Phaedra Parks’ husband Apollo Nida was charged with bank fraud and identity theft, and in an effort to reach a plea deal, Nida waived his indictment last week. Now, RadarOnline has obtained court documents that reveal the feds could seize Nida’s home, where Phaedra lives with their two sons.
â€œUpon conviction of the offense allegedâ€¦ [Nida] shall forfeit to the United States â€¦ any property constituting or derived from proceeds obtained directly or indirectly as a result ofâ€ his alleged scam. If the court canâ€™t find or agree upon what that property is, the government will expect a cash payment,” the docs state.
Phaedra and Apollo signed a prenup when they were married in 2009, and sheÂ Parks and Nida moved into their $849,000 Buckhead mansion in 2013, according to a sale report, her name was the only one on the lease.
Photo Credit: Bravo