*”Just give me the chance,” said the handsome young guy in “Shawshank Redemption” who had been summoned to the yard to meet with the dirty warden who extinguished his cigarette with the tip of his shoe as a sign to the man in the tower to shoot and kill him.

The young man was ready to talk and tell everything he knew.

So is Apollo Nidawho just plead guilty to wire and bank fraud on Monday, and has already made a deal with the feds to be a snitch.

TMZ has learned under the terms of the deal he agreed to act in an “undercover investigative capacity” for the feds.

But wait, is this the kind of thing you want to broadcast? The plea deal is now available to the public, so who in their right mind is going to talk to this guy?

And with Nida now agreeing to allow the feds to record conversations he may have with other criminal suspects, its like holding up a sign that reads, “Don’t talk to me. I’m wired!”

As EURweb reported yesterday, Nida stole the identities of more than 50 people and laundered more than $2.3 million … according to claims made by the government.

He could be sentenced to 30 years in prison, but that’s worst case scenario.   The judge will formally sentence him in July.

Stay tuned…