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Abdul Karim Telgi (29 July 1961 – 23 October 2017) was a convicted Indian counterfeiter. He earned money by printing counterfeit stamp paper in India, with the size of the scam estimated to be around ₹ 300 billion (US$3.6 billion).
Aug 8, 2023 · The Stamp Paper Scam, also known as the Telgi Scam, was a financial scandal that started in 1992 and came to light in 2003. The scam involved a sophisticated counterfeit stamp paper racket that spanned several states in India and was valued at over Rs 30,000 crore.
Oct 24, 2017 · The Telgi scam or the stamp paper scam is valued at over Rs 3,000 crore. The scam had two aspects – creation of counterfeit documents, and creating a scarcity of authentic documents.
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...
Oct 27, 2017 · Abdul Karim Telgi, the mastermind of the fake stamp paper scam, died at a hospital in Bengaluru today. He was suffering from multiple medical problems including meningitis.
Aug 6, 2023 · 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.
Apr 2, 2021 · Abdul Telgi went from a fruit-seller to the Mastermind of this 30,000-crore scam. After struggling by being the nice guy, he turned to illegal activities to live a lavish life. The scam involved selling fake stamp papers used for various purposes.
