Law enforcement officers have arrested a 45-year-old businesswoman. The Economic and Organised Crime Office (EOCO) took her into custody.
She is accused of allegedly defrauding multiple investors. The total amount involved is reported to be approximately GHC5 million.
Investigators suspect the businesswoman operated a Ponzi scheme. This type of scheme uses money from new investors to pay earlier investors.
The arrest was made following an investigation by EOCO. Further details regarding the timeline of the alleged fraud and the number of victims were not immediately made public.
Authorities stated the operation was part of ongoing efforts to combat financial crimes. EOCO is continuing its investigation into the matter.
The businesswoman is expected to face charges related to investment fraud. Legal proceedings will commence once investigations are complete.
This case highlights the risks associated with certain investment opportunities. Authorities urge the public to exercise caution.
Investors are advised to conduct thorough research before committing funds. Due diligence is crucial when considering financial schemes.