Police have arrested a businessman in connection with an alleged investment scam. The suspect is accused of defrauding numerous people of approximately GHS5 million.

Authorities state the suspect operated a fraudulent investment scheme. He allegedly collected funds from unsuspecting investors before going into hiding.

The businessman was apprehended after a period on the run. The Ghana Police Service did not immediately release his name.

Police are urging anyone who believes they may have been a victim of this scheme to report to the nearest police station.

The recovered funds and details of the investigation are ongoing. Further updates are expected as the case progresses.

This incident highlights the need for caution when investing, especially in schemes promising unusually high returns.

The Ghana Police Service is committed to bringing financial criminals to justice.