PHAEDRA PARKS' HUSBAND'S FRAUD ARREST DISGRACES FIRST FAMILY OF RHOA

Phaedra Parks & husband Apollo Nida

Apollo Nida, husband of Bravo's Real Housewives of Atlanta reality star Phaedra Parks was arrested Thursday on charges of bank fraud and identity theft according to a report by the AJC. 

A federal investigation that began in 2012 gathered enough evidence to arrest a woman name Gayla St. Julien (aka Nee O'Neal) in September of 2013 in connection with suspicious bank deposits totaling over 3 million dollars.  

Gayla St. Julien

According to St. Julien, Apollo was the mastermind behind the scheme, and created fake companies to collect customer's personal information for the purpose of stealing their identities to open bank accounts.  After months of further investigation that uncovered deposits of fake auto loan checks, stolen U.S. Treasury and retirement checks, Nida was arrested and then release on a $25,000 bond.

In light of the RHOA episode that aired January 26, speculations are circling that Apollo may have put his foot in his mouth when he argued with NeNe Leakes about how much money he's able to squander in strip clubs.  His comments that he spends his own money and not his wife Phaedra's, may further complicate his case, causing him to answer questions about his earnings.

Apollo spent over five years in federal prison for auto title fraud and is father of two young sons with wife Phaedra; Ayden 3 and Dylan 10 months.  He is awaiting a preliminary hearing on February 12.

Facts you need to know...about Apollo's arrest.

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