Derick Aboagye, the legal counsel for popular actor Koo Fori, has refuted fraud allegations against his client.

He has insisted that the $50,000 at the centre of the dispute has been fully paid.

Koo Fori was arrested last week after accusations by a U.S.-based Ghanaian woman who claimed he defrauded her in a fake land transaction.

He has since been granted bail while legal proceedings continue.

But speaking on the case, lawyer Aboagye said Koo Fori received $50,000, then equivalent to GH¢270,000, to purchase land in Spintex, Accra, on behalf of the complainant.

Narrating further, he said, “He used GH¢160,000 to acquire the land, which at the time, with an exchange rate of 5.5, amounted to about $30,000. He also paid $5,000 to the real estate company. That left $15,000, which has since been accounted for.”

He questioned why the police pursued fraud charges when, in his view, the funds had been used as agreed.

“But the police is charging him for the $50,000 of which he has already paid the amount in full. So I don’t see why the police know it very well that the amount has been paid and you are still charging the person for the figure that has been used to procure the land for the complainant.

“That is our case, but in any event, he has been granted bail, so that is all,” he said.

Meanwhile, Koo Fori stands accused of luring the complainant into a fraudulent real estate deal and allegedly failing to provide either land documentation or a refund.

The matter was reported to the police, leading to his arrest and a bench warrant issued earlier in 2025 for missed court appearances.

The case, initially set for May 9, was adjourned to today, Monday, May 12, with the court expected to address discrepancies in the financial records and land transaction details.

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