A 45-year-old man has been remanded in custody by the Accra Circuit Court. He is accused of defrauding several individuals.
The man allegedly promised non-existent investment opportunities to his victims. This led to them losing large sums of money.
The court has ordered that the accused remain in custody. Further details of the alleged fraud were presented to the court.
The Ghana Police Service is continuing its investigation into the matter. They are looking into the full extent of the alleged scam.
This case highlights the risks associated with unverified investment schemes. Authorities urge the public to exercise caution.