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Showing posts from May, 2023

Track of Frauds in Nigeria

Emmanuel Nwude Odinigwe popularly known as Owelle of Abagana is a Nigerian advance-fee fraud expert artist and former Director of Union Bank of Nigeria. He is known for defrauding Nelson Sakaguchi, a Director at Brazil's Banco Noroeste based in Sao 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. Emmanuel Nwude impersonated Paul Ogwuma, the then Governor of the Central Bank of Nigeria, and successfully convinced Sakaguchi, a then director at Brazil's Banco Noroeste, to "invest" in a new airport in the nation's capital, Abuja, in exchange for a $10million commission. In August 1997, the Spanish Banco Santander wanted to take over the Banco Noroeste Brazil. The fraud was uncovered after a December 1