A man has been brought before the Accra Circuit Court. He is accused of taking GH¢1.2 million from 50 people.
Prosecutors say the man ran a fake investment scheme. He promised people big profits on their money.
The court heard that the promised returns did not come. The individuals who invested lost their money.
The total amount allegedly defrauded is GH¢1.2 million.
This case involves accusations of defrauding under false pretenses.
The prosecution is presenting evidence to the court.
The accused has been formally put before the court to answer these charges.
Further legal proceedings will take place as the court considers the evidence presented.