Web Reference: Abdul Karim Telgi (29 July 1961 – 23 October 2017) was an Indian counterfeiter. [1] He earned money by printing counterfeit stamp paper in India, with the size of the scam estimated to be around ₹200 billion (US$2.4 billion). Aug 8, 2023 · The Stamp Paper Scam, also known as the Telgi Scam, was a financial scandal that started in 1992 and came to light in 2003. The scam involved a sophisticated counterfeit stamp paper racket that spanned several states in India and was valued at over Rs 30,000 crore. At first, Telgi began his scam in Maharashtra, Karnataka, and Andhra Pradesh. Then, he grew it to Delhi, West Bengal, Rajasthan, Gujarat, Haryana, and Madhya Pradesh.
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Details: $77M - $88M
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Last Updated: April 4, 2026
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