Apollo Nida has been ordered to pay restitution to the tune of around $1.9 million, according to court records.
According to court documents, the list of victims and amounts is long. Some of the bills that Apollo has to pay back include, JP Morgan Chase in the amount of $828,300.20, the IRS-$127,011.52, Delta Airlines-$24,985, Campus USA Credit Union-$277,000, UP2Drive BMW Bank-$100,000.00, the State of California-$15,778.70, the State of Connecticut-$45,525.68, and the State of Texas, $39,275.27, HUD-$126,761.65, US TREASURY-$89,761.65
One can only wonder how many years it will take for Apollo to come up with that much money, especially because he is going to jail for eight years. The court documents say that he is required to pay immediately. However, if he fails to pay it off by the time he's released from jail, he is required to pay $250 a month, plus 25 percent of his gross monthly income in excess of $2,300
Apollo received sentencing on July 8, 2014. Judge Charles Pannell gave Apollo eight years in an Atlanta jail. he could have received 30 years prison time.
Reginald G. Moore, Special Agent in Charge of the United States Secret Service from the Atlanta Field Office, said, “Today’s sentencing exemplifies impartial justice regardless of economic class or perceived celebrity status. Nida’s sentence should be an eye opener for other like-minded criminals who scheme to steal victims’ identities, defraud them and ignore the consequences of their actions.”
Apollo pled guilty to wire fraud, bank fraud and mail fraud and ID theft.
This isn't the first time that Apollo has been in jail. He spent from 2003 to 2009 in prison for a racketeering charge in connection to a scheme of car thefts. Apparently Apollo didn't learn from his mistakes as he then began defrauding people. He tried to blame it on the way he was brought up, but the judge didn't believe that excuse as he is 35-years-old.
Apollo said that the reason for his latest crime spree was because he needed to make money to keep up with his wife, Phaedra Parks and he had trouble finding a legitimate job.
Do you feel sorry for Apollo or do you believe that he is getting what he deserves? Tell us your thoughts below in the comments section.