Police grabs financial scam operator

Daniel Owusu, a 28-year-old alleged operator of a financial scam, has been arrested by the Konongo Police.

Owusu is said to have swindled a number of people at Odumasi in the Asante-Akim Central Municipality of a total of GHc38,000.00.

The suspect together with Ebenezer Yeboah, who is on the run, operated the “One Cedi Susu and Microfinance,” where they convinced about 70 people in the community to save their monies with the company in return for soft loans to expand their businesses.

The suspicions of the clients were confirmed when they realized that for some time, the company’s office in the town was shut, and the two had gone into hiding.

Their checks at other three branches - Bodomase, Drobonso and Twedie, showed that these had also not been operating, and a formal report was made to the police.

Police Chief Superintendent Alex Amenyo, the Konongo Divisional Commander, confirmed the arrest to the Ghana News Agency (GNA) and urged the public to be more circumspect about the financial institutions they chose, to avoid being duped by unscrupulous people.