Police in the Western Region have arrested an 80-year-old woman. She is suspected of defrauding several people. The alleged fraud involved large sums of money.
The total amount lost by victims is about GH₵200,000. This happened through a fake investment scheme. The woman allegedly promised unrealistic profits.
The Ghana Police Service stated that the suspect presented a nonexistent business venture. This encouraged people to invest their money. Investigations are ongoing into the full extent of the alleged fraud.
The elderly woman was apprehended following reports from victims. She is currently assisting the police with their inquiries. Further details are expected as the investigation progresses.
This case highlights the need for caution when investing. Authorities advise the public to verify investment opportunities thoroughly. They should also report suspicious schemes to the police.