Police in Accra have arrested a 35-year-old man. He is accused of defrauding 20 people.
The total amount involved is reported as GHS200,000. This occurred through alleged fraudulent investment schemes.
The Ghana Police Service stated that the suspect promised non-existent investment opportunities to his victims.
Investigations are ongoing into the full extent of the alleged fraud.
The man was apprehended in Accra.
This incident highlights the risk of investment scams.