Businessman dragged to court over GH¢480,000 fraud

A 44-year-old businessman, Anthony Appiah, has appeared in an Accra Circuit Court, charged with defrauding a businesswoman of GH¢480,000. Appiah, who pleaded not guilty, was granted bail in the sum of GH¢500,000 with two sureties, one of whom must be a public servant earning not less than GH¢4,000. The prosecution, led by Deputy Superintendent of Police (DSP) Emmanuel Nyamekye, alleged that Appiah had known the complainant, a businesswoman residing in Accra, for some time.

In May 2025, Appiah visited the complainant, claiming he had secured a distribution contract with BEL-AQUA Company and needed GH¢50,000 for execution. He allegedly asked for financial assistance, promising to refund the money within two weeks. However, upon reaching the two-week period, Appiah failed to refund the money. The complainant later contacted BEL-AQUA Company, which confirmed that Appiah had no such contract with the company.

Despite all attempts to recover the money, the complainant had to petition the Police to investigate, leading to Appiah's arrest.

Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.