The Telgi story, also known as the Telgi Stamp Paper Scam, was a major financial scandal that came to light in India in 2003. It was named after Abdul Karim Telgi, the mastermind behind the country's most infamous scam. The Telgi story is a saga of deception, forgery, and a web of corruption that shook the nation. To delve deeper into intricate details of the wicked Telgi scam, watch the Scam 2003 web series on Sony LIV with your Vi Sony LIV recharge pack.
Scam 2003: The Telgi Story on Sony LIV
Seeking to shed light on the man behind the infamous 2003 scam, the series presents an accurate depiction of events surrounding the Telgi scam and the systemic corruption that let the fraud flourish for a decade.
With notable characters and exceptional performances from the lead actors, this true crime series provides an insight into the psyche of a criminal mastermind.
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Unraveling the Telgi Scam
The Telgi scam left a lasting impact on India's legal and administrative systems. It exposed the vulnerabilities and led to significant reforms in the stamp paper distribution process to prevent future scams.
The Mastermind - Abdul Karim Telgi:
Abdul Karim Telgi, the central figure in this tale of deception, hailed from humble settings in Karnataka and rose from a fruit seller to a small-time criminal, dabbling in various illegal activities. However, it was his entry into the world of counterfeit stamp paper as a notorious scammer that made him one of India's most wanted criminals.
Telgi's Operation & Deception:
Abdul Karim Telgi was involved in counterfeiting stamp papers, which are essential legal documents used for various transactions in India, including property transfers, agreements, and court-related matters.
Telgi ingeniously set up an intricate network of forgery, involving printers, government officials, and middlemen across multiple states in India.
He began by replicating the printing plates used for authentic stamp papers, ensuring that his counterfeits were virtually indistinguishable from the real thing.
Telgi also manipulated the records to make it appear as if the fake stamps were issued by government authorities, allowing him to sell these forged documents to unsuspecting individuals, banks, and even government institutions.
The scam exposed the level of corruption within the government machinery and implicated a slew of government officials, including police officers and revenue department employees.
The Telgi scam eventually came to light when the police arrested a group of individuals in possession of counterfeit stamp papers. This arrest led to the discovery of Telgi's vast network and the shocking extent of his operation. The investigation that followed revealed the involvement of numerous government officials and ignited a nationwide manhunt for Abdul Karim Telgi. Later in 2003, Telgi was finally exposed and arrested on charges of fraud, forgery, and corruption. In 2007, Telgi was sentenced to 30 years in prison. Abdul Karim Telgi's health deteriorated while he was in prison, and he died in October 2017 due to multiple organ failure.
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