'Real Housewives Of Atlanta' Apollo Nida Gets 8 Years In Prison- 'RHOA' Star Phaedra Parks' Husband Only Gets Quarter Of Possible 30 Year Sentence

By Mitch Thorpe, Mstars News writer | Jul 08, 2014 05:08 PM EDT

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It's a sad day in Atlanta for Apollo Nida as the Real Housewives of Atlanta star was just sentenced to eight years in prison.

Judge Charles A Pannell, Jr. handed down the ruling earlier today. After serving his time behind bars, Nida will be on parole for five years following that. The reality star will also have to pay restitution, but an amount has not been disclosed as of yet.

Phaedra Parks' husband, Apollo, has been under investigation for fraud and identity theft, and found guilty of both since the beginning of the year. The reality star is expected to voluntarily surrender himself at a later date.

The stars' legal issues came into view back in January, when he was arrested after creating fake businesses, giving him access to a database of employees, whom he then proceeded to rip off. He also opened fake bank accounts under the stolen names and proceeded to drain funds into said accounts from U.S. Treasury checks and auto loans.

In all, he had laundered $2.3 million dollars into these fake accounts.

No word on yet how Nida is dealing with the sentencing but a few days ago, he told RadarOnline, "I appreciate everyone [reaching out]."

The RHOA star might possibly be celebrating tonight, as he could have spent up to 30 years in prison for his illegal actions, but instead only has to complete 8. TMZ is claiming that the court went easier on him because he cooperated with the investigation and even divulged some criminal secrets.

More news to come on this story.

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