Apollo Nida, appeared in federal court today to pled guilty today. That much I know for sure. I also know the set sentencing date. The rest of the story is very murky. Maybe it’s just me. Oh I almost forgot to include the sentencing date. As of now it is set for July, 8th. Isn’t that Juicy Joe and Teresa’s sentence date two? THREE Bravo folks sentenced on the same day?
I am using multiple sources for this story. The first to break the news was Rodney Ho of Atlanta Journal Constitution. I think Rodney was probably in the courtroom based on the narrative he gives about what Apollo said when making his plea. You should check out his report as it is his scoop.
Rodney says Apollo “pled guilty to charges of mail, wire and bank fraud.” The problem I am having with that is that those were not Apollo’s charges. Apollo was charged with Embezzlement (10 year max) , Bank Fraud (30 year max), Aggravated Identity Theft (automatically adds 2 years to Bank Fraud sentence) , and Conspiracy (doubles the bank fraud sentence).
Local WSB Reporter Tom Regan put it this way, “[Apollo] pleaded guilty in federal court Tuesday of orchestrating a $2.3 million complex
criminal enterprise spanning four years and harming over 50 victims.”
I believe he came in and pled guilty to Bank Fraud, Embezzlement, Aggravated Identity Theft, and Conspiracy because they have finally reached a plea deal. We should have access to the plea deal when it is filed with the court in a few days.
Okay, I just spoke to the best criminal attorney in Atlanta, Ashleigh Merchant. She says you can come in and plead to just some of the charges, then if the plea deal doesn’t go through you can start over. (That is sort of what happened with Alicia DiMichele) so maybe he did plead to Wire, Bank and Mail Fraud and none of the other stuff. Let’s move on, my brain is full.
A (mostly reputable tabloid source has a story up that seems to have been trying to reword Rodney Ho’s report and pretend it was a Department of Justice press release. It kept referring to Apollo and his co-conspirators as “the group.” I can find no DOJ press release up yet. If there is one, it takes at least three people to make a group. So far we have Gayla and Apollo. I will keep searching for that report because I think the term “the group” is meaningful if it is true.
Back to Rodney’s report:
“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.”
Okay, the bank fraud is the 30 year maximum major sentence anyway. This isn’t going to make a lot of sense to me, or you until, we get some documents.
Now on to the fun part. Usually the felon just shows up, pleads guilty and shuts up. Apollo did not. According to the AJC report, Apollo took full responsibility for his actions, apologized and then pled guilty. And then his diarrhea of the mouth began. “It was a dumb situation I put myself in,” he said.
Here is Rodney’s courtroom recap of the statement:
He said she [Phaedra] was making far more money than him and he felt pressure to keep up. (He cited a $600,000 contract for her but didn’t say how long that was supposed to last.) Without easy legitimate ways to make quick money, he opted for this illegal scheme instead. But he claimed to her he was running a legitimate debt recovery firm and kept her firmly in the dark.
He said he even had a nervous breakdown at one point over the pressures to “sustain a lifestyle” befitting of a reality show star. And once he started the scheme, he found it difficult to stop. “I got sucked in and engulfed and lost sight of things,” he said.
Nida said he often didn’t think about whether this was hurting anybody because he was primarily targeting private businesses and the government, not individuals. And in the case of unclaimed property, what were the odds these folks would ever claim them?
An attempt to open a legal halfway house fell through, he said, because he was on probation for his prior conviction.
“It’s my fault at the end of the day,” he said.
Dear God, where do I start? I think we are all aware that Phaedra is smart enough to know that ex cons don’t generally make money hand over fist after getting out of prison. And we know that Apollo is not smart enough to keep his criminal behavior from Phaedra. He sure did make a point of clearing her name though.
He had a nervous breakdown. BWAHAHAHAHA. Being on a reality show with your wife making too much money and going on free trips and getting all the perks drove him to having a nervous breakdown. Bless, his heart. Oh wait. I’m not sure he has a heart. Who talks about how they really didn’t think about their victims while PLEADING GUILTY TO STEAL RETIREMENT CHECKS FROM OLD PEOPLE? By the way, in Georgia, embezzlement involving someone over 65 can seriously increase the sentence.
And he was going to open a halfway house? How the hell did he think he was going to do that. Let’s ignore the fact that felons can “open halfway houses.”
My god this is the stupidest man in the world. Read all of his stupidity here. My eyes are blurry and my mind is numb. I’ve been blogging for 10 hours again with no breaks. I’m cracking open a few beers and doing some moderating and gonna watch a movie or something. I didn’t get half of what I wanted to do today done.
So, tell me what you think about this development. I will have updates as the documents are filed.