Apollo Nida, 35, who is married to Real Housewives of Atlanta cast member Phaedra Parks, pleaded guilty to conspiracy to commit bank fraud and wire transfer.
As CBS46.com previously
reported, Nida created several fake collection companies in order to gain access to the personal information and credit history databases operated by companies like Equifax and Lexis-Nexis.
According to the U.S. Attorney’s office, Nida’s scheme took place over four years and affected more than 50 victims. They say he had a number of checks from the fraudulent claims mailed to mailboxes rented by co-conspirators at UPS stores across northern Georgia.
In order to get bank loans, Nida also created fake documents and websites that appeared to belong to legitimate car dealerships.