Phaedra Parks’ Husband Apollo Nida Arrested for Bank Fraud & Identity Theft! [Details]
Rucuss staffJanuary 25, 2014
Real Housewives of Atlanta star Phaedra Parks’ husband Apollo Nida was arrested for bank fraud in Atlanta.
Nida surrendered to authorities on Thursday after being charged with bank fraud and identity theft, according to a complaint filed by the U.S. District Attorney’s office. The U.S. District Judge Gerrilyn G. Brill released Nida on a pretrial bond of $25,000. A preliminary hearing is set for Feb. 12, 2014.
According to an an affidavit obtained by the Atlanta Journal-Constitution, Nida created fake companies, enabling him to access databases to find individuals to rip off. He opened fake bank accounts under those real names and funneled stolen U.S. Treasury checks and auto loan proceeds into those accounts. Nida also opened a fake auto dealership (such as Ferrari Autohaus) and applied for auto loans in the names of stolen identities.
Gayla St. Julien, who worked for Nida since 2009, was opening bank accounts under stolen identities to commit bank and check fraud. The FEDs investigated her from Feb. 2012 until September, 2013. At that point, they found 40 bank accounts tied to her. The complaint provided a sampling of bank accounts totaling about $3 million tied to alleged fraudulent activities.
The Atlanta Journal-Constitution reports St. Julien was arrested on Sept. 11, 2013 by the Secret Service. She implicated Nida as the man who orchestrated many of the alleged fraudulent schemes.
After the arrest, the agents had St. Julien tape record conversations with Nida in which he explained many of his schemes. At one point, they obtained a federal search warrant of Nida’s vehicle and seized evidence, including a bank debit card in the name of Ferrari Autohaus Inc., cell phones and a laptop computer.
In 2010, Angela Stanton wrote a book, Lies of a Real Housewife, which claimed she used to be in the fraud business with Nida and Parks. She claimed they abandoned her after she got arrested. Parks, later, sued Stanton for slander. The case is still pending.
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 two children.
Photos via RollingOut.com and SandraRose.com
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