Police have arrested a 45-year-old man. He is accused of taking about GHS 50,000 from several people.
The man allegedly promised big profits from investments that were not real. The Ghana Police Service took him into custody.
The alleged fraud happened through a fake investment scheme. Victims reported that their money did not bring any returns.
The suspect is currently helping the police with their investigation.
Authorities urge the public to be cautious of investment offers that promise unusually high returns.
This case highlights the ongoing problem of investment scams in the country.
The Ghana Police Service is working to ensure all victims receive justice.