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New Details Arise In Apollo Nida’s Arrest

We don’t think Phaedra’s going to be able to get her husband Apollo out of this one!

Apollo Nida was arrested this weekend for bank fraud and identity theft. New details have risen in the arrest. In an affidavit, that detail his offenses, Apollo is accused of: creating 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,” reports Access Atlanta.

“He opened fake bank accounts under those real names and funneled stolen U.S. Treasury checks and auto loan proceeds into those accounts,” said Alexandre Herrera, a U.S. Secret Service Agent in the Counterfeit and U.S. Treasury Check Squad.

He also opened a fake auto dealership (such as Ferrari Autohaus) and apply for auto loans in the names of stolen identities. 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.

Nida was named by his alleged co-conspirator, Gayla St. Julien. If you don’t watch “The Real Housewives Of Atlanta” then you may not be aware that Apollo served 5 years in prison for auto title fraud in 2004-2009.

We recently spoke to Apollo, who defended his wife calling Chuck Smith a “chump” for talking to her the way he did. We hope everything works out for Apollo.

And a word from Kenya Moore:

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