The enterprise ballooned into a multi-billion rupee empire. The total estimated value of the forged documents reached ₹30,000 crore (approximately US$3.6 billion).
It details how Telgi turned the production of counterfeit stamp papers into a multi-billion rupee empire spanning multiple states in India.
Telgi’s genius—and his criminality—lay in duplication rather than theft. He acquired obsolete printing machinery from government auctions, hired experts to mimic the official watermarks, and printed counterfeit stamp papers. By compromising politicians, police officers, and bureaucrats, Telgi ensured his fake stamp papers were sold through official channels, bleeding the Indian economy of billions.
Directed by Tushar Hiranandani and masterminded by Hansal Mehta, this series dives into the mind of Abdul Karim Telgi. Telgi was the mastermind behind the infamous 2003 stamp paper counterfeiting scandal, which was valued at an astronomical ₹30,000 crores.
Released on September 1, 2023, Scam 2003: The Telgi Story is the second installment in SonyLIV's acclaimed "Scam" franchise. Developed by Hansal Mehta and directed by Tushar Hiranandani, the series is inspired by journalist Sanjay Singh's Hindi book Telgi Scam: Reporter's ki Diary . Download Scam 2003- The Telgi Story -2023- Full...
| Feature | Scam 1992 | Scam 2003 | |---------|-----------|-----------| | Lead | Pratik Gandhi (Harshad Mehta) | Gagan Dev Riar (Telgi) | | Director | Hansal Mehta | Tushar Hiranandani | | Tone | Fast-paced, money-driven | Gritty, procedural, tragic | | Key Locale | Mumbai’s trading floors | Pune’s printing presses | | Legacy | Iconic, cult status | Underrated gem |
The series features a powerhouse performance by in the lead role of Abdul Karim Telgi, a part that has earned him widespread critical acclaim. He is supported by a talented ensemble cast including Mukesh Tiwari, Sana Amin Sheikh, Bharat Jadhav, and Shaad Randhawa in pivotal roles. The casting was done by renowned casting director Mukesh Chhabra.
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Beyond its gripping narrative as a web series, the Telgi scam had a profound and lasting impact on how financial systems operate in India. The massive breach exposed fundamental vulnerabilities that spurred the government to overhaul the entire stamp paper system. The legacy of the scam is seen in the widespread adoption of . These modern, digital security features were introduced directly as a result of Telgi's ability to so perfectly replicate the physical stamp paper. In this sense, the story of Abdul Karim Telgi is not just a historical chapter of fraud but the catalyst for a more secure, accountable financial future. The enterprise ballooned into a multi-billion rupee empire
Download Scam 2003: The Telgi Story -2023- Full Season Analysis
Get ready to be on the edge of your seat with the most anticipated web series of the year!
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If you are planning to watch the show, let me know if you would like a or a comparison of how the real-life events differ from the web series adaptation. Share public link Directed by Tushar Hiranandani and masterminded by Hansal
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The series is exclusively available on SonyLIV .
The series is available for streaming on SonyLIV .
The story is rooted in the detailed investigation by journalist Sanjay Singh. Frequently Asked Questions