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In 1995, Emmanuel Nwude defrauded a Brazilian bank of $242 million. He sold the bank a fake airport in Abuja. The fraud was not discovered until December 1997. It remains the largest fraud in banking history.

MAD Aachen, Germany by MAD Aachen, Germany
February 5, 2022
in Stories
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In 1995, Emmanuel Nwude defrauded a Brazilian bank of $242 million. He sold the bank a fake airport in Abuja. The fraud was not discovered until December 1997. It remains the largest fraud in banking history.
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