Tue Dec 16 18:45:53 UTC 2025: Summary:

The Telangana High Court has approved the auction of properties seized in connection to the ₹516-crore Dhanwantari Foundation International (DFI) deposit fraud. This decision offers hope for relief to the nearly 4,000 victims, many of whom are senior citizens, who were defrauded by DFI. The fraud, registered in December 2023, involved DFI, led by director P. Kamalakar Sharma, allegedly luring depositors with promises of high returns by invoking the Brahmin community. The police investigation uncovered approximately 450 acres of land and commercial property in Hyderabad acquired using the defrauded funds.

News Article:

Telangana High Court Approves Auction of Properties in ₹516-Crore DFI Fraud Case

Hyderabad, December 17, 2025 – The Telangana High Court has given the green light for the auction of properties attached in connection with the ₹516-crore Dhanwantari Foundation International (DFI) deposit fraud, bringing a glimmer of hope to the nearly 4,000 victims, many of whom are senior citizens, who lost their savings in the scheme.

The case, registered by the Hyderabad Central Crime Station (CCS) on December 23, 2023, stems from a complaint filed by Susrala Narsimha Murthy. The DFI, represented by its director P. Kamalakar Sharma and others, stands accused of enticing depositors with promises of high returns within a fixed period, capitalizing on the name of the Brahmin community to gain trust.

According to investigators, the DFI allegedly collected approximately ₹516 crore from unsuspecting individuals before defaulting on repayments. During the course of the investigation, law enforcement officials identified assets purportedly acquired using the ill-gotten gains, including approximately 450 acres of land spread across Telangana and Andhra Pradesh, along with a substantial commercial space of about 3,000 square yards in the heart of Hyderabad.

The High Court’s decision, upholding the actions of the competent authority, is a significant step towards recovering funds for the defrauded investors. The auction of these properties is expected to provide some measure of relief to the victims who have suffered substantial financial losses.

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