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New Evidence Links Phaedra Parks To Her Husband's Shady Business Dealings -- Could She Lose The Right To Practice Law?

//phaedra parks debarred husband apollo nida sq

Feb. 3 2014, Published 6:23 a.m. ET

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When Apollo Nida was charged with bank fraud and identity theft earlier this month, some Real Housewives of Atlanta fans -- including Wendy Williams -- wondered if his wife, Phaedra Parks, really could have been ignorant of his massive scheme. And now, in a bombshell exclusive, Breaking Celebrity News has unearthed new evidence linking her to his business dealings, which will likely only intensify those questions.

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Documents from the Georgia Secretary of State corporations database obtained by Breaking Celebrity News show Parks listed as a founding officer, with Nida, of several businesses including "National Recovery Group, Inc.," "Nida, Inc.," "Nida Fitness Inc.," and Nida Group, Inc."

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Though none of these companies were listed in Nida's federal indictment, as TVFishbowl.com first pointed out, this new evidence shows that Parks was involved in her husband's business dealings -- even if it was in  name only.

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Teresa Giudice has used a similar defense in her fraud trial with husband Joe, claiming she was not involved in his scheme despite her name and signature appearing on several involved documents.

According to federal prosecutors, Nida created several "fake" companies to help him gain access to personal 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."