Have you heard of this guy (Emmanuel Nwude)? He allegedly sold a fake Airport to a Brazillian Bank for the sum of $242Million. This is regarded as the bigest fraud in the banking History.

Nwude impersonated Paul Ogwuma, then Governor of the Central Bank of Nigeria, and successfully convinced Sakaguchi to "invest" in a new airport in the nation's capital, Abuja, in exchange for a $10 million commission.In August 1997, the Spanish Banco Santander wanted to take over the Banco Noroeste Brazil. The fraud was uncovered after a December 1997 joint board meeting, in which an official from Santander inquired about why a large sum of money, two-fifths of Noroeste's total value and half of their capital, was sitting in the Cayman Islands unmonitored. This led to criminal investigations in Brazil, Britain, Nigeria, Switzerland, and the United States.To guarantee the sale to Santander, the Simonsen and Cochrane families, the owners of Banco Noroeste, paid the $242 million bill themselves. However, Banco Noroeste collapsed in 2001.


Emmanuel Nwude is a Nigerian notable advance-fee fraud artist and former Director of Union Bank of Nigeria. He is most famous for successfully defrauding a Brazilian man, Nelson Sakaguchi, a Director at Brazil's Banco Noroeste based in São Paulo, of $242 million, $191 million in cash and the remainder in the form of outstanding interest, between 1995 and 1998.His accomplices were Emmanuel Ofolue, Nzeribe Okoli, and Obum Osakwe, along with the husband and wife duo, Christian Ikechukwu Anajemba and Amaka Anajemba, with Christian later being assassinated.After Nick Leeson's trading losses at Barings Bank, and the looting of the Iraqi Central Bank by Qusay Hussein, the crime was the largest in banking history. After a large-scale attack on a town in Nigeria in August 2016, Mr. Nwude was alleged to be a ringleader and was arrested.

Genius .. how'd he do that ? where'd he keep the bar ..

We need more information about him

He should train our EFCC and police on cyber crime.

Lalasticlala, i don't know if you love crime news but you should see this

versashee:
Have you heard of this guy (Emmanuel Nwude)? He allegedly sold a fake Airport to a Brazillian Bank for the sum of $242Million. This is regarded as the bigest fraud in the banking History.

Too bad he had to channel his genius to the "dark" side.

(By the way, it is perfectly LEGAL to buy/sell an existing business. With all the badly-run businesses around, maybe we need to see more of such activities in this part of the world.)

Chief Emmanuel Nwude, Owelle n'Abagana so na ndi ji chanji kirikiri

Igbo nation and fraud be like lala and him snake meat

All na business.. we don't mind whose gut got broke..even it damages ours name, it doesn't matter so far we get the the deal done.

Maza

Yeah i knw him.

His brother is a lecturer in my school.

University of Nigeria Enugu campus, UNEC.

DryMouth:
Yeah i knw him.

His brother is a lecturer in my school.

University of Nigeria Enugu campus, UNEC.

Is he in prison now or released? I mean Emma Nwude?

obyrich:
Is he in prison now or released? I mean Emma Nwude?

According to his brother who is a professor in my university days, they have not seen his brother(emma nwude) for a decade or more. They are from anambra.
Though he was released of the fraud case but was later rearrested for murder charges

Maybe he was arrested and extradited because nobody would pull off that kind of a big scam and forget his family.

DryMouth:


According to his brother who is a professor in my university days, they have not seen his brother(emma nwude) for a decade or more. They are from anambra.
Though he was released of the fraud case but was later rearrested for murder charges

Maybe he was arrested and extradited because nobody would pull off that kind of a big scam and forget his family.

Na wa. So all is vanity.