Police have arrested a 45-year-old man in Accra. He is accused of running a fraudulent investment scheme.
The scheme allegedly defrauded investors of GHS5 million, according to a police statement.
The suspect reportedly promised investors very high returns on their money.
Authorities say the promised investments were not real.
The Ghana Police Service is continuing its investigation into the matter.
Further details will be provided as the investigation progresses.
This case highlights the dangers of unregulated investment opportunities.
This is a developing story.