Police have arrested a suspect in connection with a large-scale investment fraud. The individual allegedly defrauded over 50 people.

The total amount lost by victims is reported to be approximately GHC 2 million. This was according to a statement from the Ghana Police Service.

The alleged scam involved the suspect promising attractive returns on investments. Many individuals trusted the suspect with their money.

Authorities are currently investigating the full extent of the operation. The arrest is part of efforts to curb financial scams.

The Ghana Police Service urges the public to be cautious of investment schemes that promise unusually high returns.

Further details will be provided as the investigation progresses. No court date has been announced.