Abdul karim telgi: Masterminded by Abdul Karim Telgi

Masterminded by Abdul Karim Telgi , the scam exposed deep-rooted corruption and inefficiencies within the Indian bureaucracy and law enforcement agencies.This article is about how Telgi , a school dropout who sold peanuts at railways stations in the 1980s to make a living, built an elaborate counterfeit operations network worth thousands of ... Learn about the life and crimes of Abdul Karim Telgi , who led one of India's biggest financial scams by counterfeiting stamp papers. Find out how he rose from poverty, exploited corruption, and faced legal consequences. The Telgi Scam, one of India's most notorious financial frauds, involved the counterfeiting of stamp papers worth approximately ₹32,000 crores (USD 4.3 billion). Masterminded by Abdul Karim Telgi , the scam exposed deep-rooted corruption and inefficiencies within the Indian bureaucracy and law enforcement agencies. This article delves into the intricacies of the Telgi Scam, its execution, the legal proceedings, and its ramifications on the Indian legal and financial systems. What is Telgi Scam 2003? The Stamp Paper Scam, also called the Telgi Scam, was a major financial fraud that began in 1992 and was exposed in 2003. It involved the illegal printing and selling of fake stamp papers across many states in India. The scam was huge, with losses valued at over Rs 30,000 crore. Abdul Karim Telgi was the person behind the scam. He ran the operation with the help of many others, including government officials. Telgi ’s gang made counterfeit stamp papers that looked ...