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'Real Housewives of Atlanta' News: Phaedra Parks Divorcing Apollo Nida amid 8-Year Prison Sentence

"The Real Housewives of Atlanta" reality star Phaedra Parks is reportedly planning to divorce her husband Apollo Nida, a move that some consider "a good financial decision."

The 35-year-old Nida was sentenced in July to an eight-year federal prison time after his involvement in a huge fraud case. Prosecutors stated that Nida and a group of co-conspirators had been stealing checks and using stolen identities in filing fake tax returns as well as making fraudulent claims against the U.S. Department of Housing and Urban Development for almost five years.

On top of that, a restitution penalty of $2 million has been dropped on Nida wherein he must pay back within the next 20 years.

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According to the publication, if the 40 year-old RHOA star choose to remain at her husband's side, she would be forced to help pay the amount of restitution which could cost her around $100,000 a year for the next 20 years -- a situation that could have driven her to file the divorce case.

Prior to that, there have been rumors circulating that the couple wasn't really into good terms. The issue was given light by Nida himself when in an interview he disclosed the bitterness he felt towards Parks for not being there during his trial.

Meanwhile, DailyMail.co.uk pointed out in their report that the convicted has already been given an ultimatum to surrender by noon on Sept. 10 at the FMC Lexington to start his eight-year prison sentence.

Nida and Parks have two children, a three-year-old son named Ayden and a 15-month-old son named Dylan.

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