Police have arrested a 45-year-old man. He is accused of defrauding investors of close to GHS10 million.
The arrest was made by the Ghana Police Service. The suspect is alleged to have operated a fraudulent investment scheme.
Authorities state the scheme promised investors very high returns. Many people reportedly gave him their money.
The alleged fraud involves a significant sum of money. This amount is approximately GHS10 million.
The suspect is currently in police detention. Further investigations are underway.
The Ghana Police Service is looking into the details of the alleged scheme. They will determine the full extent of the fraud.
This case highlights the risks associated with unverified investment opportunities. Authorities urge the public to be cautious.
The suspect will face legal proceedings. The court process will determine guilt or innocence.