A businessman is in court in Accra. He faces charges of defrauding a businesswoman.

The court heard that the accused allegedly took GHC500,000 from the victim. This happened under the promise of investment opportunities and returns.

Prosecutors stated that the accused did not deliver on the promised investment returns to the businesswoman.

The Accra Circuit Court has remanded the businessman in custody. He will remain in custody while the case continues.

The exact date the alleged fraud took place was not specified in court filings.

This legal action follows a complaint made by the defrauded businesswoman.

The case has been adjourned to a later date for further hearing.

The Ghana Police Service is overseeing the investigation into the matter.

Further details will be provided as they emerge from court proceedings.