The Ashanti Regional Police have arrested a 35-year-old man. He is accused of defrauding several expatriates.
The suspect allegedly promised high returns on investments. This led to victims losing more than GH¢1.2 million.
The incidents involved various investment schemes. The police are investigating the full extent of the alleged fraud.
Authorities stated the suspect is in police custody. He will face charges related to fraud.
The exact investment schemes used by the suspect are still under examination by the police.
This arrest follows an investigation into complaints made by the expatriates.