Apollo Pleads Guilty To Mail, Wire, And Bank Fraud

Apollo pleads guilty to charges early today of mail, bank and wire fraud. There was over $2.3 million dollars and over 50 peoples identity that was alegedly stolen. Read the details below to discover the alleged acts that were committed.

According to the US Attorneys’ office, Feds pounced on Nida last year after he and a group of co-conspirators cashed tons of stolen U.S. Treasury checks, and checks from the Delta Airlines pension fund … then laundered the money through bank accounts in the names of people whose IDs he also stole.

Feds claim Nida bilked even more cash by filing fake tax returns and obtaining bank loans against cars he didn’t own. 

He pled guilty Tuesday to conspiracy to commit mail, wire, and bank fraud. He’ll be sentenced at a later date.

Source: TMZ

Comment Via Facebook

1 Comment

Share Your Thoughts With Us