Apollo Nida has pleaded guilty to charges of mail, wire, and bank fraud in the U.S. District Court for the Northern District of Georgia. He’s expected to go to prison in July.
The Atlanta Journal Constitution reports:
Apollo Nida, the husband ofrho, today pled guilty to charges of mail, wire and bank fraud in the U.S. District Court for the Northern District of Georgia.
In court, wearing a light-colored plaid jacket, Nida accepted charges that could land him in prison for up to 30 years and a fine of up to $1 million on top of restitution for an estimated $2.3 million he allegedly defrauded various individuals, financial institutions and government agencies. Judge Charles Pannell has set the sentencing hearing for July 8 at 2 p.m.
Alana Black, the assistant U.S. attorney, told Judge Pannell Nida’s scheme in detail. He opened a fake debt collection agency to gain access to databases full of individual’s personal information. He would then steal people’s ID and find unclaimed funds, refunds from the U.S. Department of Housing and Urban Development, stolen U.S. treasury checks and refunds from fraudulent U.S. income tax returns.