Abdul Karim Telgi, the kingpin of the multi-crore fake stamp paper scam that shook the country over a decade ago, died of multi-organ failure at a state-run hospital in Bengaluru on Thursday. He was battling for life for about a week.
The stamp paper scam
Acquiring a stamp paper licence in 1994, Telgi opened an office at Mint Road in Mumbai. He was said to have befriended several officials in the revenue ministry, stamp office and Nashik Security Press where stamp papers were printed.
Telgi was also accused of having used his political clout to get the machinery at the Nashik press declared