From the FCS Book of Little-Known Facts (Nigerian scam)

This Nigerian Scammer Sold a Fake Airport for £242 Million

Together with five slightly loyal accomplices, Nwude pulled off the impressive feat of impersonating the Governor of the Central Bank of Nigeria successfully enough to convince Nelson Sagakuchi, a director of the Brazilian bank Bacno Noroeste. He then convinced Sagakuchi to invest in a new airport in the Nigerian capital of Abuja. He asked for a $10 million commission for negotiating the investment, while Sagakuchi happily dreamed of the airport he’d one day own a slice of – so happily he forgot to ask to see the construction works or anything like that.

Amazingly, Nwude was caught – after the Brazilian bank noticed that half its capital was resting peacefully in the Cayman Islands. In total Noroeste lost $242 million from the scam, making it one of Nigeria’s most heroic ever and causing some serious questions to be asked about how quickly Sagakuchi was willing to cough up cash to anyone who came to him with a slick story about aeroplanes.

Nwude only spent a few years in jail for the fraud, but a decade later found himself back inside on charges of murder and terrorism. So it’s nice to see he’s keeping himself busy. If he never again reaches similar heights, he will always be a shining example to aspiring Nigerian scammers everywhere. Especially in Nigeria

There is never a time
to stop learning new things

Published by donmatthewspoetry

I just like playing round with words. And having fun

4 thoughts on “From the FCS Book of Little-Known Facts (Nigerian scam)

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