Abdul Karim Telgi, who was convicted in multi-crore fake stamp paper racket died on Thursday. According to the report, Telgi may have sold bogus stamps worth over Rs 20,000 crore in the past decade. His agents sold fake stamps worth Rs 50,000 every day.
56-year-old Telgi, who was implicated in a multi-crore scam was serving his term in Parappana Agrahara Central Jail in Bengaluru after being sentenced to 30 years of rigorous imprisonment. Between 1992 and 2002, 12 cases were registered against Telgi relating to counterfeit stamps in Maharashtra alone and 15 cases in other parts of the country. His tentacles spread across 12 states.
Abdul Karim Telgi, who was convicted in multi-crore fake stamp paper racket died on Thursday. According to the report, Telgi may have sold bogus stamps worth over Rs 20,000 crore in the past decade. His agents sold fake stamps worth Rs 50,000 every day.
56-year-old Telgi, who was implicated in a multi-crore scam was serving his term in Parappana Agrahara Central Jail in Bengaluru after being sentenced to 30 years of rigorous imprisonment. Between 1992 and 2002, 12 cases were registered against Telgi relating to counterfeit stamps in Maharashtra alone and 15 cases in other parts of the country. His tentacles spread across 12 states.
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