this presentation helps you to know about stam paper scam

1. TELGI SCAM
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2.  Introduction
 Early life of Telgi
 Key players
 The operation involvement
 Methods followed by Telgi
 Numerical figures
 Impact of Telgi scam
 Telgi death
 Conclusion
contents
Srimatha
Rajesh
Chandana
Venkateswarlu
Sriram

3. INTRODUCTON
Abdul karim telgi-the lead role of the fake stamp paper
scam
Scam exposed links with various politician and top
officials
One of the biggest scam India has ever faced.
Telgi’s network spread across 13 states involving 176
offices,1000 employees and 123 bank accounts in 74
cities.

4. Early life
 Born- 1961
 Schooling-Sarvodaya Vidyalaya
 Graduation(B.Com)- Belgaum
college
 He moved to Saudi Arabia. Came
to Mumbai after seven
years (1980s)
 worked as a travel agent.
 Later he worked in a Colaba guest
house.
Abdul Karim
Telgi

5.  Two MLAs- Anil Gote (MLA Dhule,Maharashtra) and
Krishna Yadav(Himayat Nagar,Andhra Pradesh)
 Former A.P.minister C.B.K.Yadav
 Former Mumbai Police Commissioner R.S.Sharma
 Former Joint Commissioner of Police, Crime
branch,Mumbai,S.S.Vaghal
 Former Deputy Commissioner (Detection) of Mumbai
Police,Pradip Sawant.
 Kishore patil(suspended IPS officer)
Key players

6.  Stamp paper
 Judicial court fee stamps
 Non-judicial stamps
 Revenue stamps
 Special adhesive stamps
 Notorial stamps
 Foreign bills
 Brokers notes,
 insurance policies
 Share transfer certificates
 Insurance agency stamps
The operation involvement

7.  His agents would first talk to the henchmen of politicians.
 As the next step he would build a chain of ‘reliable
contacts’ through the first contact and deals were struck
in his presence.
 Telgi would then offer them a State wide contract.
 Telgi floated several companies, including a film
distribution agency to facilitate his activity.
 He recruited unemployed youth to sell counterfeit stamps
at 2 per cent discount. Chit companies, along with courts
and real estate agencies, were his prime targets.
Method followed by Telgi

8. The Special Investigating Team (SIT) of the
Maharashtra Police put the total value of the scam at
Rs.21,28,47,07,824.
 Later this was revised to Rs.32,000 crores by the
Union Home Secretary.
Seized fake stamps, valued at Rs.170 crores, displayed in
Bangalore.
Numerical figures

9.  EX-Finance Minister Jaswant Singh
was Speaking in the Lok Sabha on a calling
attention motion on the stamp paper scam, the
minister said the agencies had registered 74 cases
in this connection, with 15 against chief accused
Abdul Karim Telgi.
 Special Investigation Team (SIT) first taken the
case during 1995-2003 and then hands over
stamp scam cases to Central Bureau
of Investigation (CBI) on April 13, 2004

10.  On 17 January 2006, Telgi and several associates were
sentenced to ten years rigorous imprisonment.
 On June 28, 2007 Telgi was sentenced to rigorous
imprisonment for 13 years.
 Fined a whopping Rs. 202 crore on various counts in one
of the main cases of the scandal.
 Honorable Judge Chitra Bedi sentenced 42 other accused
in the case, who too had pleaded guilty, to rigorous
imprisonment for up to six years and imposed fines on
them.
 Mudrank film released on telgi scam on 2008.

11.  Public sector bank became more responsible
 Government verified the stock of Stamp Papers with
Authorized vendors.
 Bank managers ensures that further transactions are
proper.
Impact of Telgi Scam

12. Abdul Karim Telgi, the prime
accused in the multi-crore fake
stamp paper scam, died in Indore,
Madhya Pradesh.
Telgi’s death

13. Arrested in 1991 by
Mumbai police for
cheating.
In 1994, Telgi
acquires a stamp
paper license, sets
up office at Mint
Road.
Telgi's fakes carried
the same numbers
and rea-ched the
Mumbai market.
conclusion

14. The fakes were
then distributed
to authorised
vendors and sold
along with
genuine ones.
He appointed
300 people,
including MBAs
as agents who
sold the fakes to
bulk purchasers.
Several cases
against him in the
'90s. Finally
arrested in August
2001.

15. The scam estimated to be more than Rs 43,000
crore.
Business spanning 74 centers in 13states over
10 years.
Quality of the fake stamps and stamp
papers was as good as that of originals.

16. THANK
YOU..!
Chandana -002
Madhavi -008
Srimatha -015
Rajesh -029
Venkjateswarlu-039
Sriram -045