Apollo Nida’s property to be seized in fraud case?

    ApolloNida

    Authorities might be coming for Apollo Nida’s property, if he’s convicted of the fraud charges against him.

    The “Real Housewives of Atlanta” heartthrob, who is married to attorney/author/mortician Phaedra Parks, waived his indictment last week. According to RadarOnline.com, this has some speculating that he could be close to a trial or plea deal.

    In either case, court documents filed April 24 state that Apollo will have to turn over “any property constituting or derived from proceeds obtained directly or indirectly as a result of” his alleged bank scams to the United States, pending his conviction.

    While this could lead some to assume that the “RHOA” couple might lose its home, Phaedra and Apollo might not be turned out on the street. Their mansion in Buckhead is in Phaedra’s name and she still owns a home in Athens, Georgia.

    Apollo is the owner of a few lower-market properties in the Atlanta, though. If they’re in any way affiliated with his alleged scam, they would be seized by the government if he’s found guilty.

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