Police in Takoradi have arrested a 42-year-old man. He is being held in connection with an alleged fraud case.

The businessman is accused of defrauding several individuals. The total amount involved is approximately GHC50,000.

Authorities report the man allegedly promised non-existent investment opportunities. This led to people losing their money.

The Ghana Police Service is currently investigating the matter. Further details will be provided as the investigation progresses.