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The $242M Fake Airport Scam

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Created December 22, 2025

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Video Transcript

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A Nigerian scammer convinced a Brazilian bank to pay 242 million dollars for an airport that

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didn't exist. Emmanuel Nwude pulled off one of history's biggest cons by impersonating a

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government official and promising exclusive rights to build a new airport in the capital.

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The bank sent the money in installments, believing they were securing a massive deal.

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For three years, he kept the scheme alive with fake documents and phone calls.

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When investigators finally caught him, they discovered he'd spent the fortune on real estate and

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luxury items. He served just five years in prison. The fake airport deal remains the

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third largest banking fraud ever recorded. Sometimes the most unbelievable scams are the ones that

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