Took Scamming To Another Level: The Man Who Sold A Fake Airport For $242 Million Dollars!

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60,788
date submitted
May 09, 2024
DESCRIPTION

In today's video, we will uncover the mastermind Nigerian Scammer named Emmanuel Nwude. He is best known for his involvement in one of the largest banking scams in history that occurred in the late 1990s and early 2000s in where he tricked a Major Bank In Brazil out of $242 Million Dollars. The fraudulent activities commenced in 1995. Emmanuel put together a team of highly intelligent individuals and they all assumed different identities. These identities included High Ranking Officials of The Nigerian Government. Emmanuel Nwude assumed the identity of Paul Ogwuma, the Governor of the Central Bank of Nigeria. He then made contact with Nelson Sakaguchi, a high-ranking executive at Banco Noroeste. Nwude skillfully persuaded Sakaguchi into truly believing that he was indeed the Governor Of The Central Bank. With artful deception, Nwude lured Sakaguchi into investing in this purported venture, promising him substantial returns on his capital. Succumbing to the allure of high profits, Sakaguchi consented and subsequently transferred approximately $242 million to various bank accounts overseen by Nwude and his accomplices over the span of several years. However, the elaborate ruse eventually unraveled, leading to Nwude's incarceration in 2004. In 2005, he was handed a 25-year prison sentence following charges encompassing fraud, conspiracy, and money laundering. Ultimately, Nwude's duplicitous actions firmly established him as one of Nigeria's most renowned scam artists. His fraudulent endeavors inflicted financial losses in the millions upon his victims and tarnished the reputation of Nigeria's banking industry. It is known as the 3rd Biggest Bank Scam In History. || Posted by CZ

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