A Ghanaian businessman has been remanded in police custody. He is accused of defrauding an investor of GH¢500,000.

The alleged crime took place in Accra. The suspect is said to have used fraudulent methods to get the money.

The Ghana Police Service is handling the investigation. They have not released further details about the arrest.

The case is now before the courts. The suspect will remain in custody until further notice.

This incident highlights the risks involved in business investments. Authorities urge caution when dealing with large sums of money.