Hyderabad, Dec. 16 -- The Telangana High Court has allowed the police to proceed with the auction of properties attached to the Dhanwantari Foundation International Trust (DFI) and disburse the amount to the victims of their Rs 516 crore scam.
The Central Crime Station, Hyderabad, had registered a case against the foundation in 2023 under the Telangana Protection of Depositors of Financial Establishments Act for duping 4000 people.
The director Dr P Kamalakar Sharma and others were booked for luring senior citizens in the name of the Brahmin community by assuring to give good profits on their deposits within a specific period.
During the course of investigation, the investigating officer identified properties acquired by DFI and its fl...
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