The Ghana Police Service has arrested a man in connection with a major fraud case. The suspect is accused of defrauding several people.
He allegedly took about GHS 5 million from investors. This happened through a fake investment scheme.
The suspect is said to have promised investors large returns on their money. However, he later vanished with the funds.
Police are investigating the full details of the scheme. They are working to recover the money.
The arrest was made following a report by the victims. The Ghana Police Service stated that more information will be released as the investigation progresses.
This incident highlights the risks associated with unregulated investment opportunities. Authorities urge the public to be cautious.
The suspect will appear in court to face charges related to fraud.