A man is facing charges for allegedly defrauding over 50 individuals. The total amount involved is estimated to be GH¢2 million.
He is accused of running fraudulent investment schemes. The suspect allegedly promised high returns to those who invested their money.
However, these promised returns never materialized for the investors.
The police arrested the suspect and brought him before a court.
A judge has ordered that the man be remanded in police custody. This means he will stay in custody while the investigation continues.
The case is currently under investigation by the Ghana Police Service.