Police in Accra have arrested a 45-year-old businessman. He is alleged to have defrauded several individuals.
The total amount lost by investors is approximately GHC500,000. This occurred through a fraudulent investment scheme.
The arrest took place in Accra. The Ghana Police Service is leading the investigation.
Authorities are examining the details of the alleged scam. The scheme promised high returns to investors.
Police have not yet released the businessman's name. Investigations are active and ongoing.
They are working to recover the defrauded funds. The public is advised to be cautious of investment opportunities.