BOMBSHELL: Exclusives///phaedra parks real housewives atlanta apollo nida house could be forfeited - Read More

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Homeless Housewife? Phaedra Parks’ Hubby Apollo Nida Could Have Properties Seized In Fraud Case

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April 29 2014, Published 2:13 p.m. ET

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The Real Housewives of Atlanta reunion is almost over, but the drama continues off-screen thanks to Apollo Nida’s messy bank fraud and identity theft case.

Phaedra Parks’ husband waived his indictment last week, paving the way to a trial or a plea deal. But in further court documents obtained by Breaking Celebrity News, prosecutors make it clear that the former felon's road to freedom won’t be a painless one. Breaking Celebrity News has learned that the feds could be prepping to seize his homes!

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Court documents filed on April 24 and obtained by Breaking Celebrity News state that “Upon conviction of the offense alleged… Nida shall forfeit to the United States … any property constituting or derived from proceeds obtained directly or indirectly as a result of” his alleged scam. If the court can’t find or agree upon what that property is, the government will expect a cash payment.

Nida is still a long way from conviction, but should reality TV star Parks be worried about losing her home? Probably not.