A man is in police custody. He is 35 years old. Police arrested him on April 29 2026.
He is accused of running a fake investment scheme. The scheme promised people high returns on their money. This is according to a police statement.
More than 100 people allegedly lost money. The total amount lost is about GH¢500,000.
The alleged fraud took place in Accra. The Ghana Police Service has not released the suspects full name.
Detectives are continuing their investigation. They are gathering evidence and speaking to victims.
This case highlights the dangers of investment scams. Authorities urge the public to be cautious.