Police in Accra have arrested a Nigerian national. He is accused of operating a fake foreign exchange bureau.
The suspect allegedly collected large amounts of money from businessmen. He promised to exchange their currencies.
However, the businessmen reportedly did not receive their exchanged currency. The Ghana Police Service is investigating the alleged fraud.
Several businessmen are said to have fallen victim. They reported the suspect to the authorities.
The arrest took place in Accra. The specific location of the fake bureau has not been released.
The currency was allegedly not exchanged as promised. The suspect is in police custody.
The Ghana Police Service issued a statement confirming the arrest.
Authorities are urging anyone with further information to come forward.
This incident highlights the risks associated with unlicensed financial dealings.
The suspect faces charges related to fraud and operating an unlicensed financial service.