Authorities have arrested a 65-year-old woman in Accra. The Economic and Organised Crime Office (EOCO) took her into custody.
She is accused of running a Ponzi scheme. This involved taking money from investors.
The alleged fraud happened over a two-year period. The total amount of money involved is reported as large sums.
EOCO is investigating the case. They are looking into how many people were affected.
This type of scam promises high returns to early investors. Money from new investors is used to pay earlier investors.
The suspect has been charged with fraud. She is expected to appear in court soon.
More details will be released as the investigation continues.