A 50-year-old businessman has been arrested by the police. He is being held in connection with an alleged investment fraud scheme.

The amount involved in the suspected scam is GH¢5 million. The Ghana Police Service is leading the investigation into the matter.

Authorities confirmed the arrest and stated that the suspect is currently in police custody. Further details about the victims have not been released.

The alleged fraudulent activities are believed to have targeted multiple investors.

The police are continuing their work to gather more information and evidence. They are asking anyone with relevant details to come forward.

This case highlights the risks associated with certain investment opportunities.

The Ghana Police Service urges the public to be cautious of unsolicited investment proposals.

Anyone considering an investment should conduct thorough due diligence.