An Accra Circuit Court has remanded a 35-year-old businessman in police custody. He is accused of defrauding investors.
The businessman allegedly defrauded people of GHC5 million. This happened through a fraudulent investment scheme. His name was withheld by the court.
He faces charges of fraud and other related offences. The Prosecutor presented the case before the court.
The court heard that the suspect operated a scheme that took money from investors. Investigations are ongoing into the full scope of the alleged fraud.
The police are continuing their investigations into the matter. They aim to gather more evidence regarding the investment scheme.
Further details were not immediately available as the case is under active investigation.