An Accra Circuit Court has granted bail to a man accused of cyber fraud. He is alleged to have stolen life savings from pensioners.

A court filing stated that the man orchestrated an elaborate scheme. This scheme targeted elderly individuals.

The fraud case involves multiple victims. These pensioners lost their retirement funds.

The specific amount defrauded was not immediately available. However, investigations into the matter are continuing.

Further details regarding the man's identity or the conditions of his bail were not provided. The legal proceedings will continue at a later date.