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December 11, 2023

Who is Abdul Karim Telgi? Scam 2003 The Telgi Story: 30,000 Crore

who is abdul karim telgi
who is abdul karim telgi

The name Abdul Karim Telgi stirs significant curiosity in India. Many remember him as the brain behind one of the country’s most infamous scams. He masterminded the colossal counterfeit stamp paper scandal, costing the Indian government a whopping Rs 30,000 crore. Today, we delve deeper into his life, actions, and the upcoming web series, “Scam 2003 The Telgi Story.”

  1. Summary: Who is Abdul Karim Telgi?
  2. The Rise of Abdul Karim Telgi
  3. The Scam 2003 Teaser
  4. Abdul Karim Telgi’s Death and Legacy
  5. Scam 2003: The Real Story
  6. Notable Characters and Actors
  7. Other Notable Scams in India

Born in a humble setting in Karnataka in 1956, Telgi rose from a fruit seller to an infamous scammer. His scandal, involving counterfeit stamp papers, rocked India in the early 2000s. It was a unique fraudulent scheme that left lasting scars on the nation’s financial landscape.

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Summary: Who is Abdul Karim Telgi?

Key EventsDescription
Early LifeBorn in Karnataka, 1956, Telgi started as a fruit seller and then entered the travel business.
The ScamIn the 1990s, he began counterfeiting stamp papers, causing a loss of over Rs 30,000 crore to the government.
Unveiling of the ScamIn 2001, Telgi was arrested and charged with multiple crimes including fraud and forgery.
DeathTelgi died in prison in 2017. His story continues to inspire films and series, like “Scam 2003 The Telgi Story.”

The Rise of Abdul Karim Telgi

From a small village in Karnataka, Telgi’s journey to becoming a notorious figure is a tale of ambition and deceit. He started his career as a fruit seller, then ventured into the travel business. But it was in the 1990s, he found his nefarious calling – counterfeiting stamp papers.

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Telgi’s plan was ingeniously wicked. He set up a fake stamp paper company and acquired genuine stamp paper from the government. Using these as templates, he began the production of counterfeit stamps, which were subsequently sold across the nation.

The Scam 2003 Teaser

Recently, a teaser for the web series “Scam 2003 The Telgi Story” was released, exciting viewers for what’s to come. Although Telgi’s face is concealed in the teaser, his voice resonates, hinting at the monumental impact his actions had on India. It offers a tantalizing peek into the upcoming series set to premiere on Disney+ Hotstar on 2nd September 2023.

Abdul Karim Telgi’s Death and Legacy

In 2001, the scam was finally exposed, and Telgi’s empire began to crumble. Charged with fraud, forgery, and several other crimes, he was sentenced to 30 years in prison, where he breathed his last in 2017. Yet, his name lives on, a grim reminder of the magnitude of his fraudulent actions.

Scam 2003: The Real Story

The upcoming series aims to present an accurate depiction of events surrounding the scam. It seeks to shed light on the man behind the crime, who is Abdul Karim Telgi, and the systemic corruption that allowed such a scam to flourish for a decade.

Notable Characters and Actors

Gagan Dev Riar is set to bring Telgi’s character to life in the series. With a compelling ensemble cast, the series promises to provide a captivating portrayal of the notorious crime and its implications.

Other Notable Scams in India

Telgi’s scam, while significant, is one among several that have jolted India’s economy. Other notorious scams, like those orchestrated by Harshad Mehta and Ketan Parekh, are similarly infamous. Together, they highlight a persistent issue of financial fraud in the country.

In conclusion, the name Abdul Karim Telgi continues to invoke interest and horror in equal measures. The upcoming “Scam 2003 The Telgi Story” is sure to add more layers to our understanding of the man and his monumental crime.

FAQs

1. Who is Abdul Karim Telgi?
Abdul Karim Telgi was an infamous conman behind a massive counterfeit stamp paper scam in India.

2. What is the “Scam 2003 The Telgi Story”?
It is an upcoming web series that narrates the life and crimes of Abdul Karim Telgi, set to release on 2nd September 2023 on Disney+ Hotstar.

3. What was the extent of Telgi’s scam?
The scam is estimated to have cost the Indian government over Rs 30,000 crore.

4. What happened to Abdul Karim Telgi?
He was arrested in 2001, sentenced to 30 years in prison, and died there in 2017.

Disclaimer Statement: Guest Author Raghavendra Talreja wrote and edited this Article based on their best knowledge and understanding. These opinions and remarks are not endorsed or guaranteed by CoopWB.in or CoopWB. The CoopWB does not guarantee this article's content. Readers should verify and use their judgment before trusting the content. Also Images used in this Article are copyright of their Respective Owners. Please use our Comment Box or Contact Us form to report this content. This information is not accountable for losses, injuries, or damages.

— by Raghavendra Talreja

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