Police have arrested a man named Kwabla Wovenya. He is accused of taking a large sum of money from many people.
The total amount involved is over GH₵1.5 million. Wovenya allegedly promised to secure investments for his clients.
He is believed to have operated a Ponzi scheme. This is a type of fraud where money from new investors is used to pay earlier investors.
The Ghana Police Service is handling the investigation. Further details are expected as the case develops.