PHOTOS: 2 Nigerian Men Cheated Pensioners Out Of $8,000,000 Savings To Have Luxurious Life

Two Nigerian men were arrested and taken to court after they heated American pensioners out of $8,000,000 life savings.

Godwin Nwaofor and Frank Onyechonam were arrested and jailed for seven and eight years respectively

Godwin Nwaofor and Frank Onyechonam were arrested and jailed for seven and eight years respectively. Onyechonam, the chief player in the scam, was senteced last year after their fraudulent activity was uncovered, Nwaofor appeared in court only today on September 3. He will serve half his sentence in prison and the other part on licence and will also face confiscation proceeds.

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Luxury cars, jewellery, exclusive private members nightclubs in London, expensive clothing, designer shoes, watches and handbags

Both funded their fantastically luxurous lifestyles with money obtained from vulnerable American pensioners, who thought they had won the Australian Lottery. They lived in penthouses, blew the money on luxury cars, jewellery, exclusive private members nightclubs in London, expensive clothing, designer shoes, watches and handbags.

Detectives believe the global scale of the fraud could be up to $46,000,000

However, the police believe that the mastermind of the fraud is Ese Orogun or ‘chairman’ who lives in Lagos and is also flush with money. Detectives identified only 406 victims from two notebooks found at Onyeachonam’s penthouse but they think there are many more defrauded people. There was also a ‘suckers list’ of potential victims.

Onyechonam will serve half his sentence in prison and the other part on licence and will also face confiscation proceeds

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Nwaofor moved to the UK in 2006 from Nigeria, married a German woman with whom he had two children regularly changed addresses to avoid being caught. He received around $1,500,000 from the scam but detectives fear the global scale of the fraud could be up to $46,000,000. He was found guilty of conspiracy to defraud, converting criminal property, and acquisition of criminal property.

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