| Attribute | Value |
|---|---|
| Name | Abdul Karim Telgi |
| Nickname | Stamp Paper King, No. 1 |
| Date of birth | July 29, 1961 |
| Date of death | October 23, 2017 |
| Age | 56 years old |
| Place of birth | Khanapur, Karnataka, India |
| Nationality | Indian |
| Education | Dropped out after seventh grade |
| Occupation | Counterfeiter |
| Spouse | Shahida Telgi |
| Children | Sana and Irfana |
| Cause of death | Meningitis |
| Notable events | Ran a multi-billion dollar fake stamp paper scam in India |
| Convictions | Fraud, sentenced to 30 years in prison |
Abdul Karim Telgi (29 July 1961 – 23 October 2017) was an Indian counterfeiter who was convicted of running a multi-billion dollar fake stamp paper scam in India. He was known as the “Stamp Paper King” or “No. 1”.
Early life and education
Telgi was born in a Muslim family in Khanapur, Karnataka, India. He dropped out of school after the seventh grade and started working as a small-time businessman.
Career
In the early 1990s, Telgi started a business of printing fake stamp papers. He used his contacts in the government and the printing industry to get the fake stamps made. He then sold the fake stamps to people all over India.
The fake stamp paper scam was worth billions of dollars. It is one of the biggest financial scams in Indian history.
Personal life
Telgi was married to Shahida Telgi. They had two daughters, Sana and Irfana.
Arrest and conviction
Telgi was arrested in 2001. He was convicted of fraud and sentenced to 30 years in prison. He died in prison in 2017.
Death
Telgi died on 23 October 2017, at the age of 56. He was suffering from meningitis.
Conclusion
Abdul Karim Telgi was a notorious counterfeiter who was responsible for one of the biggest financial scams in Indian history. He was a complex and contradictory figure, and his story is a cautionary tale about the dangers of greed and corruption.
Q: What is the Abdul Karim Telgi scam?
A: The Abdul Karim Telgi scam was a multi-billion dollar fake stamp paper scam in India. Telgi, a counterfeiter, printed fake stamp papers and sold them to people all over India. The scam was worth billions of dollars and is one of the biggest financial scams in Indian history.
Q: When did the Abdul Karim Telgi scam happen?
A: The Abdul Karim Telgi scam began in the early 1990s and was exposed in 2001.
Q: How did Abdul Karim Telgi pull off the scam?
A: Telgi had contacts in the government and the printing industry. He used these contacts to get the fake stamps made. He then sold the fake stamps to people all over India.
Q: Who was arrested for the Abdul Karim Telgi scam?
A: Abdul Karim Telgi was arrested in 2001. He was convicted of fraud and sentenced to 30 years in prison. He died in prison in 2017.
Q: What are the consequences of the Abdul Karim Telgi scam?
A: The Abdul Karim Telgi scam caused billions of dollars in damage to the Indian economy. It also damaged the public’s trust in the government and the printing industry.
Q: What are some of the lessons learned from the Abdul Karim Telgi scam?
A: The Abdul Karim Telgi scam is a reminder of the importance of government oversight and regulation. It is also a reminder of the dangers of greed and corruption.