Although RHOA stars, Apollo and Phaedra, have not released an official statement on Apollo’s recent arrest on fraud charges, one thing Phae Phae has made clear is that she is sticking by her husband. Additionally, more details surrounding Apollo’s case are revealed. See the scoop below.
Via Centric TV:
The saga continues with Apollo Nida with new court documents that claim the “Real Housewives of Atlanta” star sold a small property he owned in Atlanta just months before being turning himself in on suspicion of bank fraud and identity theft, among other charges.
Radar Online reports:
“According to court docs, Nida purchased the 1,300 sq. ft. home, which has four bedrooms and two bathrooms, in Dec. 2010 for the bargain basement price of $12,000, but sold it Sept. 26, 2013 for $9,000, taking a $3,000 loss. (If those numbers seem small, they are: The house had previously been sold for sums of $195, 021 in Sept. 2008; $185,000 in Jan. 2008; and $220,000 in 2005, according to legal docs.)
Nida was still on the hook for $514.60 in unpaid tax fees as of last month, according to the County of Atlanta.
Another interesting factor in the transaction is that Nida bought the tiny home AFTER his Nov. 2009 wedding to Phaedra Parks, a successful attorney/reality star.”
Nida’s shady business has many wondering about the future of his marriage with fellow “RHOA” star Phaedra Parks. While she has yet to publically speak about the matter, she did plainly answer the question that’s been on everyone’s mind.
On Tuesday, a fan tweeted Parks asking if the pair had separated yet in the wake of Nida’s federal charges. She responded, “NEVER!!!!”
Nida has since been released on $25,000 bail, but is under several strict regulations which include the surrendering of his passport and release of any firearms in his possession.
A preliminary hearing is set for Feb. 12.