Police have arrested a 42-year-old man. He is suspected of running a fraudulent investment scheme.
The suspect allegedly defrauded over 50 individuals. The total amount lost by victims is approximately GHS 3 million, according to a police statement.
The man reportedly operated a business that claimed to be a real estate investment company. He lured people by promising substantial returns on their investments.
Investigators are examining the details of the scheme. The Ghana Police Service is leading the investigation into the alleged fraud.
The arrest followed a period of investigation into the financial scheme. Authorities are working to recover funds for the victims.