Apollo Nida pleaded guilty on Tuesday, May 6 to wire and bank fraud. The 35-year-old, who is married to reality star Phaedra Parks, was accused of stealing the identity of more than 50 people and laundering $2.3 million.
According to Media Take Out, Nida took a plea deal and agreed to help bring down other people involved in the scam, including members of the Atlanta law enforcement. Reportedly, at least one parole officer that was supposed to be looking after Nida after he was released from prison was involved in the money laundering scam.
MTO claims the "Real Housewives of Atlanta" star has already snitched on the parole officer for a lesser sentence. Allegedly when he learned that he was being investigated, Nida began talking to the feds.
"We're told that the full details of Apollo's snitching are set to drop in the next couple of days, and that the federal investigation is crazy," MTO writes.
TMZ is also reporting the same story, claiming that Nida will act in an "undercover investigative capacity" for the feds.
"Here's what we don't understand... the plea deal is now available to the public, so what idiot is going to spill his guts to Nida now?" TMZ writes.
Allegedly, he has also agreed to let the feds record any future conversations he may have with people involved in the scam. On Tuesday, the reality star addressed the court saying, "I take full responsibility for my actions. It was a dumb situation I put myself in... I got sucked in and engulfed and lost sight of things."
He also said that his wife was not aware of what he was doing. According to TMZ, Nida could face 30 years in prison. His sentencing is scheduled for July.
