The Ghana Police Service has arrested a suspect in connection with a major investment fraud.

The suspect is accused of defrauding investors out of an estimated GHS8 million.

Authorities state the suspect operated a fraudulent investment scheme.

Investors were allegedly promised high returns which never materialized.

This led to substantial financial losses for numerous individuals.

The Ghana Police Service made the arrest.

Further details will be provided by the police.

The investigation into the scheme is ongoing.