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Telgi network in Punjab, Rajasthan, Haryana
Onkar Singh in New Delhi | November 14, 2003 22:25 IST
Abdul Karim Telgi, the main accused in a multi-crore fake stamp paper scam, started operating in Delhi and other northern states in 1999. He supplied fake stamp papers to mainly insurance companies and banks.
Stamps scam: The complete coverage | The Telgi tale
Investigations have revealed that Telgi started his operations in the capital way back in 1999 after he hired a place in Rajinder Nagar in West Delhi.
"He used this place as his base and spread his network to other places. He used to supply fake stamp papers to organisations ICICI bank and a number of other reputed institutions. He would show them a photostat copy of the certificate that he is authorised to deal in stamp papers. But he never told his clients that his licence had been cancelled," Bhat added.
"Telgi would hire well qualified men to get business, some of them MBAs," he said.
The scamster frequently changed his office to avoid detection.
"He hired office premises at prominent locations like Gole Market, Connaught Place and Bhikaji Kamaji place to impress his clients and get business from them. He had spread his network to Punjab, Rajasthan and Haryana before he
A team of Mumbai police is expected to arrive in Delhi to question Patodi and Dass.
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