Introduction
Scam 2003 is an impending web series that will investigate the life and violations of Abdul Karim Telgi, the driving force behind perhaps of the greatest monetary extortion in India’s set of experiences. Telgi, who kicked the bucket in 2017, was sentenced for running a fake stamp paper racket that hoodwinked the public authority and people in general of thousands of crores of rupees. The book Reporter ki Diary by journalist Sanjay Singh, which exposed Telgi’s scam, serves as the basis for the web series, which is a sequel to the popular Scam 1992 about the Harshad Mehta scam.
Who was Abdul Karim Telgi?
Abdul Karim Telgi was brought into the world in 1961 in Khanapur, an unassuming community in Karnataka close to the Maharashtra line. His dad was a rail route worker and his family was poor. After his dad’s demise, Telgi needed to exit school and take up random temp jobs, like selling products of the soil on trains. He eventually relocated to Saudi Arabia in search of better opportunities, but after a few years he returned to India.
Telgi’s entrance into the universe of wrongdoing started with making counterfeit international IDs and visas for individuals who needed to travel to another country. He then, at that point, moved to making counterfeit stamp papers, which are utilized to validate authoritative records, for example, property deeds, court oaths, bank ensures, and so on. Stamp papers are given by the public authority and have a decent worth that is paid as an expense to the state depository. Telgi decided to take advantage of the gap in the market by printing and selling his own counterfeit stamp papers at a lower price after realizing that there was a large demand for stamp papers and a lack of them.
How was Telgi able to pull off his con?
Telgi’s Scam was not an exclusive show, but rather elaborate an organization of assistants, including authorities from the Indian Security Press in Nashik, where the first stamp papers were printed, cops, legislators, legal advisors, financiers, representatives, and wholesalers. Telgi set up his own printing presses in various Indian cities by gaining access to the government’s original printing machines, paper, ink, and security features. He likewise fashioned the marks and marks of approved stamp sellers and recorders.
Telgi’s phony stamp papers appeared to be indistinguishable from the authentic ones and were difficult to identify by the ordinary citizens. He sold them at a markdown of 10-15% to his representatives and merchants, who then, at that point, sold them at the market cost or higher to clueless clients. In addition, Telgi bribed numerous officials and influential individuals to conceal his scheme and avoid legal action.
Telgi’s Scam happened for more than 10 years, from the mid 1990s to the mid 2000s. It is assessed that he printed and sold counterfeit stamp papers worth over Rs 30,000 crore, making a gigantic misfortune the state exchequer and general society. Additionally, he amassed a fortune for himself and led an extravagant lifestyle, owning bungalows, properties, and luxury automobiles.
How was Telgi found and dealt with?
Telgi’s Scam became visible in 2002, when a cop named Sridhar Vagal coincidentally found a transfer of phony stamp papers in Mumbai. Vagal alarmed his seniors and sent off an examination that prompted the capture of Telgi and his partners. The case was given over to the Central Bureau of Investigation (CBI), which documented chargesheets against in excess of 400 denounced in different states. The examination additionally uncovered the contribution of a few high-profile lawmakers, civil servants, cops, judges, and superstars in Telgi’s Scam.
Telgi was sentenced in a few cases and condemned to thorough detainment going from 10 years to 30 years. He was likewise fined Rs 202 crore by a special court in Pune. Be that as it may, he never uncovered the names of every one of his accessories or the degree of his Scam. He guaranteed that he had made an admission video that contained every one of the subtleties of his Scam, however it was never found.
Telgi experienced different medical issues while in prison, including diabetes, hypertension, Helps, and meningitis. He passed on in October 2017 at an emergency clinic in Bengaluru at the period of 56.
Conclusion
Scam 2003: The Untold Story of India’s Stamp Paper Top dog is supposed to be delivered on SonyLIV not long from now. The web series will be coordinated by Tushar Hiranandani and will highlight theater craftsman Gagan Dev Riar as Telgi. The web series will mean to reveal insight into the dim and dinky universe of Telgi’s Scam and individuals who empowered it. It will likewise bring up issues about the escape clauses and defilement in the framework that permitted such a huge misrepresentation to occur and slip through the cracks for such a long time.
