A businessman will spend 15 years in prison. An Accra High Court handed down the sentence on Tuesday.
The court found the businessman guilty of multiple charges. These included fraud and money laundering.
He defrauded more than 50 investors. The total amount lost was approximately GH₵5 million.
The fraud involved investment schemes. Investors believed they were putting money into legitimate businesses.
Money laundering charges relate to how the funds were handled after the fraud occurred.
The Judicial Service confirmed the conviction and sentencing.
This case highlights the risks associated with certain investment opportunities.
Authorities urge the public to be cautious and verify investment legitimacy.