How Onitsha Bank Account Officer Stole N452 Million From Her Rich Clients

This is a very wild story. N452 million no be beans. How does one bank account officer manage to steal that much money from two men? That is the story I'm going to tell you about today. Without further ado, get comfortable, and let's get into it!

**Before reading on, please make sure to like and follow my Facebook page (Jide Okonjo) so you don't miss out on any new and interesting lists, articles, and stories that I post every single day. I have a really fun page. If you like my page, you will have fun too. So what's stopping you? Like my page and let's have fun together!

What Happened?

On Wednesday, the 16th of March 2022, a woman by the name of Judith Nneka Nwagwu who worked as a bank account officer at the United Bank for Africa (UBA) was brought in front of the Anambra State High Court in Onitsha on a 7-count charge bordering on forgery and obtaining by false pretenses the sum of N452,047,000.

How Did She Do It?

According to the reports, Judith told one of the customers she was an account officer for, that her bank, UBA, had $400,000 for sale at the rate of N480 per dollar.

Now, this took place in 2021 and at that time, dollars were selling for a lot more than N480/$1. So hearing that he could buy $400,000 for only N480 per dollar, the client must have seen it as an opportunity he couldn't pass up and so, sent Judith the sum of N192 Million. That was her scam number one.

Scam number two: After getting N192 Million from that one customer, Judith also went ahead to forge 2 fixed deposit certificates and obtained fraudulently the sum of N260,047,000 from a customer under the guise that she was fixing the money for him. Simply put, it means that Judith prepared two fake fixed deposit certificates and presented it to this man in as if they were real so that he too would bring his business her way. She got N260,047,000 from this man.

As I told you, Judith is now standing trial on a seven count charge and count 6 of the charge reads:

That you Judith Nneka Nwagwu, while being an employee of the United Bank of Africa Plc Onitsha Branch, sometime in 2021 within the jurisdiction of this court did make a false document titled “Malaexchio Global Limited" with the value of N141,347,289,25 knowing same to be false and with intent that it may be acted upon as genuine to the prejudice of Anthony Unigwe and United Bank For Africa Plc and you committed an offence contrary to Section 436 of the Criminal Code Law, Cap 36, Anambra and punishable under Section 444(3)(h) of the same law

That means that Judith created a fake company and forged documents that indicated that this fake company, Malaexchio Global Limited, had over N141 Million. She then showed these documents to this Anthony Unigwe to coax him into believing that other companies already had their money with her, so he gave her his own money as well. All along, there was never any Malaexchio Global Limited.

Eventually the lies caught up to her. Our very own Nigerian Anna Delvey was trying to scam rich people of their money.

When the charges were brought against her, Judith pleaded not guilty. She was granted bail in the sum of N10 Million with a surety in like sum who must be resident within the jurisdiction of court.

Let me tell you, crime does not pay! I don't know how many times I need to say this or who needs to hear it. Please, as tempting as it looks to fake documents or get money through scam, do not do it! You may think the Nigerian law enforcement system doesn't work but let me tell you, from the number of stories and research I have seen over the years, it looks like the system works a lot better than we all think. Please stay away from crime. I promise you it is not worth it.

Let me know what you think about this story by leaving a comment on my Jide Okonjo Facebook post.

That's All.

I hope you’ve had fun. Don’t forget to like my page (Jide Okonjo) if you don’t already for more stories like this, the fun never ends.

To catch up on other content you might have missed, click here.

Until next time, have a wonderful rest of your day.