A businessman has been charged after allegedly defrauding investors of millions of cedis. The alleged fraud involved a fictitious investment scheme.

Authorities accuse the businessman of taking GH₵5 million from various investors.

The Ghana Police Service is handling the investigation into the alleged fraud.

The charges were brought after a thorough investigation into the investment scheme.

Prosecutors are preparing the case for court proceedings.

Investors who lost money are cooperating with the Ghana Police Service.

The legal process will now determine the businessman's guilt or innocence.

This case highlights the risks associated with unregulated investment schemes.