
The Enforcement Directorate (ED) seized over 110 kg of silver, 1.2 kg of gold, Rs 38 lakh cash, and foreign currency in Gujarat as part of a stock market investment fraud probe. The mastermind, Himanshu alias Pintu Bhavsar, allegedly lured investors with promises of high returns and defrauded them. Bhavsar misused his SEBI Investment Adviser Certificate for unregistered companies, leading to multiple FIRs totaling Rs 10.8 crore in fraud.
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