ED is probing Anil Ambani in a ₹17,000-crore fraud case, alleging a "calculated" scheme to defraud banks, investors and shareholders of Ambani's firms. Preliminary probe found that loans worth ₹3,000-crore from Yes Bank were wrongfully diverted. A similar fraud worth ₹14,000 crore was allegedly committed by Reliance Communications. ED alleged the loans were issued after bank officials were bribed.