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INTRODUCTION

 The tentacles of the fake stamp and stamp paper scam,

better known as the Telgi scam, has penetrated 12 states and
is estimated at a whopping Rs 20,000 crore plus.
 Telgi clearly had a lot of support from other departments and
institutions of government that are responsible for the
production and sale of high security stamps.

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 Between 1992 and 2002, 12 cases were registered against
Telgi relating to counterfeit stamps in Maharashtra alone
and 15 cases in other parts of the country, but the lack of
serious action suggests that the scamster had mastered
the technique of corrupting the system.

 He started be doing what has been even impossible to

think of. He penetrated the confines of Indian
Government’s Nashik Security Press where millions of
crores worth court stamp papers and printed in
connivance with the top officials. He bought scrap stamp
printing presses in working conditions, installed them in
his Mumbai Press and began printing and selling stamp
papers.

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 Key Players
 Abdul Karim Telgi
 Arrested in 2001, Telgi is now behind bars in Karnataka.

 Two MLAs - Anil Gote (Dhule, Maharashtra) and Krishna Yadav (Himayat
Nagar, Andhra Pradesh)
 Apparently, Gote helped Telgi get a stamp vendor's license using a
recommendation from former Maharashtra chief minister Vilasrao
Deshmukh.
 Yadav, it is believed demanded Rs 2 crore to protect his illegal business.
 Though Telgi's business empire was controlled from Mumbai, the
Maharashtra government never showed much enthusiasm to expose or end
the racket.
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Former Mumbai police commissioner R S Sharma is the highest-ranking
officer to be arrested so far.
 The SIT says he did not maintain absolute integrity in the investigation into the scam.
Even at the time of his appointment, Sharma was plagued with allegations of bribing his
way to the top post.
 Ranjeet Sharma for his alleged role in the Rs. 3000 crore fake stamp paper scam.

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 Retired ACP M C Mulani reportedly demanded a bribe from Telgi. Despite
knowing this, Sharma let him continue in the team investigating the scam.

 IGP Sridhar Vagal is the second highest ranking officer to be arrested.

Among other things, he reportedly allowed Telgi a free rein even when he
was in police custody. At that time, Vagal was working under Sharma in
Mumbai.

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 In a major breakthrough in the multi-crore fake stamp papers scam, three
police officials were arrested in Maharashtra.
 Assistant Commissioner of Police Gokul Bhagaji Patil of the state
intelligence, Inspector Vashist Andale of the Sahar airport crime branch
unit and Sub-inspector Prabhakar Kakade of the Nalasopara police station
were arrested under the provisions of the Maharashtra Control of
Organised Crime Act.
 the Special Investigating Team arrested Samajwadi Janata Party legislator
from Dhule Anil alias Anna Gote in Pune in connection with the multicrore
stamp paper racket that rocked Maharashtra.

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 CONFESSION BY TELGI
 MUMBAI, JAN 31 : The stage is set for Abdul Karim
 Telgi to make a confession in a 1995 seizure case with a special court today
directing a magistrate in Pune to record his statement on February 4, in
connection with the fake stamp paper scam.
 Special judge U D Salvi here passed the order after Telgi told him through
video conferencing that he wanted toconfess in the case in which he was
charged with attempting to sell fake stamp papers.

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 Government Reactions

 EX-Finance Minister Jaswant Singh said the value of the fake stamp papers
recovered by various investigative agencies was Rs 3,376 crores.
 the minister said the agencies had registered 74 cases in this connection,
with 15 against chief accused Abdul Karim Telgi.
 Singh said the new stamp papers with improved security features would
be available across the country by July 2004.

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 Conclusion
 TELGI stamp was one of the biggest scam in India. This
type of scam which are caused every now and then
destroys the roots of our country. So we need to give-up
make different agencies to check the corruption and make
the existing agencies active in such a way that they can
stop this corruption. But our opinion if we use these

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