The Man Who Sold An Imaginary Airport For $242 Million

In today's video, we will uncover the mastermind of how a Nigerian Scammer named Emmanuel Nwude who is best known for his involvement in one of the largest banking scams in history that occurred in the late 1990s and early 2000s against a Brazilian bank named Banco Noroeste

The fraud began in 1995, when Nwude, pretending as the governor of the Central Bank of Nigeria, Paul Ogwuma, contacted Nelson Sakaguchi, a senior executive at Banco Noroeste. Nwude persuaded Sakaguchi that the Nigerian government had awarded a $389 million contract to a consortium to build an airport in Nigeria.

Nwude then invited Sakaguchi to invest in the business, guaranteeing him a high return on his money. Sakaguchi agreed and transmitted around $242 million to various bank accounts managed by Nwude and his accomplices over the course of several years.

However, the swindle was finally exposed, and Nwude was imprisoned in 2004. In 2005, he was sentenced to 25 years in jail after being charged with various charges of fraud, conspiracy, and money laundering.

The Nigerian scammer was also involved in many other fraud schemes, including a $1.5 million scam involving the selling of a fake airport and a $10 million scam involving the sale of a fake oil refinery.

Ultimately, Emmanuel Nwude's fraudulent actions established him as one of Nigeria's most known scammers. His frauds cost victims millions of dollars and ruined Nigeria's banking industry's image.

- Sells Fake Airport for $242 Million: The Shocking Story Of The Nigerian Fraudster Who Sold Imaginary Airport to a Bank
- Fake it Till You Make it? Notorious Swindler Sells Imaginary Airport for Fortune
- Scammed Sky High: Man Sells Fake Airport for $242 Million
- Airport Hoax: How One Man Duped the World with a Fictional Runway
- The Ultimate Con: Man Makes Millions Selling Nonexistent Airport
- The Great Airport Heist: Man Pulls off Massive Scam and Walks Away with $242 Million

MORE ROBBERIES/FRAUDS/CRIME MINI-MOVIES:

[Kpsla]

Credit where credit is due: Emmanuel's negotiating skills really showed during the meeting in London. Bringing all of the receipts he needed to make it look legit and providing all of the transportation and hotel amenities expected of a government official, you would expect a run of the mill scammer to be very hasty and pushy about closing the deal after all those expenses. But Emmanuel did the opposite, stayed calm under pressure and threatened to walk away when pressed about their suspicion, encouraging the other party to be the hasty one instead.

[linkgesh]

Wow he stole 242 mil and returned only 120 mil. And the spent only 2 years in prison, I'll take that anytime.😂

[ninnannin]

This deserves a Netflix tvshow that I would love to watch ❤

[kenjohnson]

I'm still waiting for a Nigerian prince's check for $200 million that I need to deposit into my personal savings account for safe keeping. Should happen any day now.

[RandomButBeautiful]

the fact that the money was distributed to so many accounts and continually funneled out of the bank for several years makes me think this rabbit hole goes deeper. Plus the access to official documents. Some high level corruption going on here and my guess is Emmanuel was just a front man, not the boss.

[franklinegbuche]

Hi. As a Nigerian and from the same state with the guy. He didn't work alone. He had others who worked with him. The mastermind is seeing 27 years in prison. His accomplices one was assassinated, the others ran or served time.
The one that got assassinated, his wife is one of the richest persons in our state. She moves around with police escort and got a govt appointment few years ago.

[stevensaintcharles]

Emanuel should have a movie make about him😅 dude is living the life of a Hollywood villain 😂

[kuda-online]

What one can do with a pen and paper is more cruel than a bank robbery

[supersonic]

He’s the final boss of Nigerian scammers

[Quecy]

Wow. Now, that's a scam. Dude has balls of steel, even negotiating how much he was going to return 😂.

[kznjbee]

Great job researching and creating this video. It is worth noting that Abuja is neither a large city in terms of land mass, nor is it home to many (compared to other Nigerian cities). Also, the person in the picture at 5:12 is the current governor of the Central Bank of Nigeria, Godwin Emefiele, and not Paul Ogwuma, the governor that served between 1993 and 1999. Great video btw

[lighttalefilmz]

Scams like this will never be successful without an insider

[keepingupwithdavis]

In that field, Nigerians are kings😅😅😅😅

[unvcht]

As a Nigerian prince, I can say this was an absolute win

[chukwunonyeanyakoha]

Beautiful!! I remember when this story broke out! Thr principal actors all lived in Enugu here. Chris Anajemba was actually shot here in Enugu..°assasinated by his co-conspirators. Most of the principal actors were from one state....! Chai!! Owelle Abagana!! Chris wife later got political appointment from state government. Things have really happened in Nigeria!!

[stephanhoffmeister]

Great Story The voice of the commentary is soooo peaceful and relaxing

[Immanueleze]

The $10 million commission was a red flag. His greed won't let him see straight.

It was too early to offer such an amount if it were a genuine business proposal.

[kfk]

You call it "increase in enthusiasm", I call it "greed".

Greed recognize Greed!

All (both scammer & scammed) are greedy. 🤷🏾‍♂️

[akemomartin]

Brilliant the colonizers did, so why can't we take what you can and live in heaven. Love from 🇯🇲 🇯🇲 🇯🇲

[daveedmy]

Recovered 50 million in property and served less than 2 years man I woulda stayed out trouble the rest of my life