A man who invested ¢200,000 in Gold Coast Fund Management Limited has shared his painful life-changing story.

Michael Lamptey, a civil servant led his entire family to invest their life savings in the now troubled company.

He was the first to invest ¢40,000 in the firm in 2016, and as a finance person, he was able to convince four other family members to deposit their savings – his wife, mother, mother-in-law and sister-in-law.

For months, Gold Coast Fund Management has been struggling to pay its customers, including Michael Lamptey.

Watch as he shares how the situation is affecting his entire family with JoyNews’ Daniel Dadzie.