A man has been remanded in custody by a court. He is accused of defrauding a businessman of GHS 50,000.

The alleged fraud involved promises of lucrative investments. The businessman believed the promises and gave the suspect the money.

The suspect was brought before the court on June 5, 2026.

Authorities are continuing their investigation into the matter.

The court granted the request by prosecutors to hold the suspect.

This action is to allow for further police work on the case.

Further court proceedings will depend on the outcome of the investigation.

The businessman has reported the loss to the police. Details were presented in a court filing.