The Enforcement Directorate (ED) in Gujarat has seized gold, silver, and cash totaling Rs 4.59 crore, along with property documents, in a money laundering case against Himanshu alias Pintu Bhavsar and others. The investigation, initiated based on a police FIR, alleges Bhavsar lured investors with promises of high stock market returns but defrauded them, diverting funds for personal use. Further inquiries revealed at least six other FIRs across states, with the total alleged fraud amounting to Rs 10.87 crore. Bhavsar allegedly used unregistered investment advisory entities.