After Apollo Nida was charged with bank fraud and identity theft earlier this month, the news left Real Housewives of Atlanta fans wondering if Phaedra Parks was ignorant of her husbands alleged criminal activities, but reportedly she has been linked to some of his “businesses.”
According to RadarOnline.com, Phaedra is listed as a founding officer with several of Apollo’s companies, including Nida Fitness, Inc. and National Recovery Group Inc.
Federal prosecutors are accusing Apollo of creating “fake” businesses in order to gain access topersonal information databases.
The complaint reads, “When i describe these businesses as fake, what I mean is that while they may have been validly organized as entities wit the Georgia Secretary of State, they existed for a purpose other than the apparent business purpose implied by the entity name. In other words, I believe [they] were set up for the purpose of obtaining access to LexisNexis, Equifax, and similar databases.”
None of the companies listed in the indictment have Phaedra’s name as a partner and as of now, Phaedra has not been charged in connection with these companies.
“She is an active member and has no public discipline,” a rep has revealed about her legal standing in the state. “She has never been disbarred or suspended and is a member in good standing.”
When asked whether that could change if she were charged as an accomplice in the case against Nida, the rep responded, “I cannot answer that question.”
Get more on the story at RadarOnline.com.
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