In this video, we dive deep into the recent actions taken by the Securities and Exchange Board of India (SEBI) against Anil Ambani and 24 others. On August 23rd, SEBI imposed a 5-year ban on Anil Ambani from participating in the securities market and imposed a penalty of ₹25 crores. The ban and fine are a result of a fraudulent scheme involving the diversion of funds from Reliance Home Finance Limited (RHFL). The video uncovers how Anil Ambani, with the help of key officials at RHFL, orchestrated a complex scheme to siphon off funds under the guise of loans. These loans were hastily approved, often without proper due diligence, and were given to companies affiliated with Anil Ambani. Many of these loans later defaulted, leading to significant financial losses for RHFL and its shareholders.