A businessman identified as George Narh allegedly defrauded a company chairman. Narh is 56 years old.
The alleged fraud involved GH¢500,000. Narh is accused of promising to supply gold.
The incident led to his arrest and appearance in court. The Dansoman Circuit Court heard the case.
George Narh was remanded into police custody. This means he will stay in police care while the investigation continues.
He faces a charge of defrauding by false pretence. This falls under Section 131 of the Criminal Offences Act, 1960 (Act 29).
The court filing details the accusation. Narh allegedly took money without intending to supply the gold.
Authorities are continuing their investigation into the matter. The company chairman reported the incident.
This case highlights the risks of business deals. It underscores the importance of verifying promises in transactions.