An Accra High Court has ordered a businessman to be held in custody. He is accused of defrauding people of GHS2 million.
The businessman allegedly ran an investment scheme. He promised investors high returns.
These promised returns have not materialized. Investors have lost significant amounts of money.
The Accra High Court made the remand order. This allows police time to continue their investigation.
The suspect was brought before the court by prosecutors. They presented evidence of the alleged fraud.
The court will hear further arguments on a later date. The investigation into the investment scheme is ongoing.
This case highlights the risks associated with certain investment opportunities.