A 45-year-old man is in police custody. He was arrested by the Ashanti Regional Police. This happened after an investigation into an alleged fraudulent investment scheme.
Police say the man defrauded several people. The total amount involved is over GH₵1 million. The alleged crimes happened recently in the Ashanti Region.
The arrest was made by the Ashanti Regional Police Command. They are continuing their work on the case.
The suspect is accused of running a fake investment operation. People gave him money expecting returns. These returns were never delivered.
Authorities are asking anyone with information to come forward. This will help with the ongoing investigation.
The police stated their commitment to protecting citizens from financial crimes. They are working to recover lost funds.
Further legal proceedings will follow the completion of the investigation.
This case highlights the risks associated with unregulated investment opportunities.