Real Housewives of Atlanta News: Apollo Nida Forced to Reveal Financial Records to Court
Apollo Nida will be deposed next month where he will have to respond to intense questioning about his finances.
Nida, attorney Phaedra Parks' husband on "Real Housewives of Atlanta," made headlines earlier this year for allegedly creating fake businesses, false bank accounts and using stolen checks while defrauding automotive lendpers, according to Access Atlanta. Now, court documents obtained by Radar Online are revealing that he will have to bring forth financial statements and business records to the Office of the United States of Attorney in Atlanta on June 10.
"Nida, 35, is ordered to bring 'earning statements from … most recent paychecks,' 'business records for the present year and past calendar year,' 'current bank statements for the past 12 months,' 'all deeds, leases, contracts, and other documents representing any ownership interest,' and 'all stocks, bonds, or other securities of any class,' among other personal paperwork, documents state," Radar Online reports.
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Before pleading guilty to being involved in the alleged $2.3 million fraud scheme, Nida has publicly said he does make money legally. After he announced that he spends thousands of dollars in adult clubs on his Bravo TV show, fans on Twitter began to speculate about his excessive spending has anything to do with the allegations brought against him.
"Well, I make money from the (fitness) videos. One of my monthly checks from the videos is $32,000 in sales," Nida told Sister 2 Sister magazine recently. "I mean, we make money. I purchase properties. I flip them. I bought my last house at $12,500; I sold it for $46,500."
He went on to speak about his decision to spend money in places like adult clubs.
"So, it was a party and $8,000 was spent. But it doesn't matter if it's $5,000, if it's $8,000," he told the publication. "If that's your vice and if it's your money and that's what you want to do, cool."
