Apollo Nida was found guilty of fraud and identity theft today in court.
On July 8, the "Real Housewives of Atlanta" star was in court to address charges brought against him earlier this year.
"The Real Housewives of Atlanta star was sentenced today to eight years in prison for fraud and identity theft," Radar Online reported on Tuesday. "According to reports from HLN news correspondents, the star will serve nearly eight years in prison with voluntary surrender at a later date."
In Jan. 2014, Nida, the husband of Bravo star and attorney Phaedra Parks, was charged with bank fraud and identity theft for reportedly creating fake companies to find customers to rip off and opening up bank accounts in their names. With his fraudulent accounts, Nida was said to have "funneled stolen U.S. Treasury checks and auto loan proceeds."
In May 2014, after months of negotiations, Nida agreed to enter a guilty plea.
In a second report by the UK's Daily Mail, it was reported that Nida's 4,687 square foot Atlanta home was sold at public auction for just $3,000 after he failed to pay property taxes.
"Court documents showed the Sheriff’s department held the sale to pay towards 'taxes owed, the interest and penalties on said taxes, and the expenses of the sale, all of which were mature and payable because of failure to pay same interest and penalties on said taxes,'" the site reported on July 8.
Nida and Parks have two children, sons Ayden and Dylan. Ayden turns five in November, while Dylan turned one on May 7.