A businessman is currently in police custody. He was arrested for allegedly defrauding several investors.

The alleged fraud amounts to an estimated GH₵5 million. This happened through a fraudulent investment scheme. The police are investigating the operations of the businessman's company.

The police have not released the name of the businessman or his company at this time. Further details will be provided as the investigation progresses.

This incident highlights the risks associated with certain investment schemes. Authorities urge the public to exercise caution and conduct thorough due diligence before investing.