Hyderabad Police Urge DFI Investors to Submit Details as Asset Recovery Accelerates

Hyderabad police have issued an appeal to investors in the Dhanwantari Foundation International who have not yet submitted their details to do so immediately, as the asset recovery process advances following the attachment and subsequent absolute seizure of properties. The DFI case, registered at the Central Crime Station under provisions of criminal breach of trust, cheating, and the Telangana Protection of Depositors of Financial Establishments Act, involves accusations that the organization collected around ₹516 crore from more than 2,000 investors by promising high returns on deposits. The scheme allegedly targeted members of the Brahmin community, with the prime accused identified as DFI director P. Kamalakar Sharma. Investigators have identified and secured attachment orders for substantial assets, including nearly 450 acres of land across Telangana and Andhra Pradesh and approximately 3,000 square yards of commercial space in central Hyderabad. A sessions court made these attachments absolute, and the Telangana High Court dismissed appeals challenging the orders. The submitted deposit details will enable authorities to prepare an official list of depositors for equitable distribution of proceeds once the properties are auctioned.