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Abdul Karim Telgi (29 July 1961 – 23 October 2017) was an Indian counterfeiter. [1] He earned money by printing counterfeit stamp paper in India, with the size of the scam estimated to be around ₹ 3,000 billion (US$36 billion).
The scam involved a sophisticated counterfeit stamp paper racket that spanned several states in India and was valued at over Rs 30,000 crore. It led to the conviction of Abdul Karim Telgi, the mastermind behind the scam.
Telgi allegedly bribed his way to run his scam. After the racket was uncovered, investigators searched for authorised vendors who had sent bogus papers to the stamp duty officials. Politicians...
The Telgi Story is a gripping, suspenseful, and eye-opening drama that tells the true story of Abdul Karim Telgi, the mastermind behind India's biggest counterfeiting scam. The series is well-made and well-acted, with Gagan Dev Riar giving a star-making turn as Telgi.
Before catching the five-episode series on SonyLiv, here’s everything you need to know about how Abdul Karim Telgi managed to pull off one of the biggest scams in the country.
The Telgi Story refers to the scandal involving Abdul Karim Telgi, a mastermind of a massive counterfeit stamp paper racket in India. This scam came to light in the early 2000s and is considered one of the largest financial frauds in the country’s history.
In 2007, Telgi was convicted of the scam and awarded 30 years of imprisonment and a fine of Rs 202 crore. This was under the Maharashtra Control of Organised Crime Act and Section 120 (criminal conspiracy). The court also awarded punishment to 43 other accused in this case.
