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New Evidence Links ‘RHOA’ Star Phaedra Parks To Her Husband Apollo Nida’s Shady Business Dealings

Despite trying to stay clear of her husband’s shady business dealings by staying numb about the swirling news reports, new evidence links ‘RHOA’ reality star Phaedra Parks to Apollo Nida‘s illegal money laundering businesses.

RadarOnline reports:

Documents from the Georgia Secretary of State corporations database 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.”

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

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.”

National Recovery Group, which Parks is linked to above, was purported to be a debt collection agency, like many businesses named in the complaint.

For now, Parks has not been charged. But according to some reports, the practicing lawyer is already facing disbarment from the George State Bar over her connections to the ongoing case.

A rep for Georgia State Bar tells Radar, however, that that is not true. “She is an active member and has no public discipline,” a rep told Radar. “She has never been disbarred or suspended and is a member in good standing.”

And when asked whether that could change if she were charged as an accomplice in Nida’s case, the rep responded, “I cannot answer that question.”


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