Police in Kumasi have arrested a 70-year-old woman. She is suspected of operating a fraudulent investment scheme.
The woman allegedly promised investors high returns on their money. However, these returns were never paid out.
Several individuals reportedly lost money to the scheme. The Ghana Police Service is investigating the full extent of the alleged fraud.
Authorities stated that the suspect was apprehended following complaints from defrauded investors.
The police are urging the public to be cautious of investment offers promising unusually high returns.
Further details will be provided as the investigation progresses.