Accra Regional Police have arrested a man in connection with a large-scale fraud case. The suspect is accused of collecting money from many people.

The Ghana Police Service stated that over 50 individuals reported being defrauded. The total amount claimed to have been lost by victims is GHC200,000.

Authorities say the man allegedly used promises of lucrative investment opportunities to trick his victims. These promises were reportedly false.

The arrest was made by officers from the Accra Regional Police Command. The investigation is ongoing to uncover the full extent of the alleged fraud.

Further details regarding the suspect's identity or the specific investment schemes used have not been released by the Ghana Police Service.

This case highlights the risks associated with unverified investment schemes. The Ghana Police Service is urging the public to exercise caution.