Your tip
RadarOnlineRadarOnline
BREAKING NEWS
Exclusive

Homeless Housewife? Phaedra Parks’ Hubby Apollo Nida Could Have Properties Seized In Fraud Case

//phaedra parks copy

Apr. 29 2014, Published 2:13 p.m. ET

Link to FacebookShare to XShare to Email

The Real Housewives of Atlanta reunion is almost over, but the drama continues off-screen thanks to Apollo Nida’s messy bank fraud and identity theft case.

Phaedra Parks’ husband waived his indictment last week, paving the way to a trial or a plea deal. But in further court documents obtained by RadarOnline.com, prosecutors make it clear that the former felon's road to freedom won’t be a painless one. RadarOnline.com has learned that the feds could be prepping to seize his homes!

Article continues below advertisement

Court documents filed on April 24 and obtained by RadarOnline.com state that “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.

Nida is still a long way from conviction, but should reality TV star Parks be worried about losing her home? Probably not.

MORE ON:
Apollo Nida

Nida and Parks signed a pre-nup before marrying in 2009, and according to property records obtained by RadarOnline.com, they have managed to keep their property holdings separate since then.

In fact, when 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.

In addition, she is still the owner of a $161,900 home in Athens, Georgia, according to property records.

Faked Scenes, Lies & Payoffs – The Ultimate Guide To Reality TV Shows

Records show Nida as the owner of several other low-end properties in the Atlanta area.

So even if Nida ends up going to the big house, Parks will still be a housewife — for now.

Advertisement

DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.

Opt-out of personalized ads

© Copyright 2024 RADAR ONLINE™️. A DIVISION OF EMPIRE MEDIA GROUP INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.