Apollo Nida's Attorney Waives Indictment in Fraud Case, Plea Deal in the Works

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Apollo Nida has waived indictment in court on April 21st, basically agreeing that the prosecutor in the case has enough evidence against him  for the case to proceed without any delay. Which — sounds a lot like a plea deal is in the works.

According to court documents obtained by Radar, Nida’s attorneys waived the indictment on April 21. Prosecutors charged in documents that Nida “did willfully, unlawfully, combine, conspire, confederate, agree … to commit certain offenses against the United States,” including “to devise and intend to devise a scheme and artifice to defraud financial institutions, other companies and individuals, and to obtain money and property by means of materially false and fraudulent pretenses,” “to knowingly execute, and attempt to execute, a scheme and artifice to defraud financial institutions.”

As Radar has reported, he allegedly created companies “purporting to be collection agencies,” the documents read, “in order to obtain access to the personal [information] of others,” and then  used that information to take out loans and purchase checks.

Since Phaedra Parks’ husband waived the indictment, the next step is a trial, but no trial date has been set.

Such a decision is often the preceding step to a plea deal, and as Radar has reported, Nida has been attempting to hammer one out for months.

When reached by Radar for comment, Nida refused to discuss the case directly, but did want to thank fans for their support.

“I feel good about the support I’m getting,” he told Radar exclusively. “All the support’s been needed. It’s an uphill battle, but we’re still staying positive.”

As news of the waiver broke, Nida was hopping on a plane to Washington, D.C., where he said he would be attended “a function for battered women.”

He also declined to comment on the April 24 of his alleged co-conspirator, Gayla St. Julien, to five years in prison for her part in the supposed scheme.

“She’ll probably do like 25 months,” he noted. “She’s already done seven months, so she’ll be home soon. I have nothing negative to say about her situation at all.”

Hmm. We’re not legal experts, but there’s a good chance Apollo could avoid any serious jail time.

[via Radar Online]

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