Police have arrested a 45-year-old man in connection with a fraud case. The arrest follows allegations of defrauding a businessman of a significant sum of money.

The suspect is accused of taking GHC150,000 from the businessman. This money was allegedly given in exchange for promises of securing a lucrative business contract.

Authorities state the man took the money with no intention of fulfilling the promised contract. The alleged fraud occurred recently, leading to the current police investigation.

The Ghana Police Service confirmed the arrest. Further details about the location of the suspect’s arrest have not been released.

The investigation is ongoing. Police are gathering more evidence related to the alleged fraudulent transaction.

The businessman reported the incident to the police after realizing the contract would not be fulfilled.