A 45-year-old man has appeared in court. He faces charges for allegedly defrauding over 50 people.
The man is accused of running a fraudulent investment scheme. He reportedly promised investors high returns on their money.
Authorities say the accused then took the funds without providing the promised returns. He allegedly disappeared with the money entrusted to him.
The case was brought before the court following investigations by law enforcement.
Investigations are ongoing to determine the full extent of the alleged fraud.
The court will now hear evidence from both the prosecution and the defense.