Police in the Ashanti Region have arrested five individuals. They are suspected of defrauding a businessman of GH¢350,000.
The arrests were made by the Ashanti Regional Police leading the operation.
The men allegedly posed as investment managers. They promised the businessman very high returns on his money.
The businessman reported the incident to the police. This led to the swift investigation and apprehension of the suspects.
Authorities confirmed the amount involved, GH¢350,000, was taken from the victim.
Further details on the investment scheme were not immediately available.
The police stated the investigation is ongoing to uncover the full extent of the alleged fraud.
This operation is part of efforts to combat financial crimes in the region.