Feds Could Sieze Apollo Nida’s Assets In Fraud Case


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.

“Upon conviction of the offense alleged… [Nida] shall forfeit to the United States … any property constituting or derived from proceeds obtained directly or indirectly as a result of” his alleged scam. If the court can’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 she 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



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