A 35-year-old man is in jail after appearing before an Accra Circuit Court.

He faces charges related to serious fraud. The court heard he allegedly defrauded a businessman of GH¢200,000.

Court filings state the suspect used a fraudulent investment scheme.

This scheme allegedly tricked the businessman into parting with his money.

The amount stolen is reported as GH¢200,000.

The Ghana Police Service is investigating the case.

The suspect was remanded in custody by the judge.

He will reappear in court for further proceedings.

This case highlights the dangers of unverified investment opportunities.