Telgi gets seven years in jail for stamp paper scam

June 11th, 2009 - 9:08 pm ICT by IANS  

New Delhi, June 11 (IANS) Abdul Karim Telgi, the main accused in the multi-million rupee counterfeit stamp paper scam, and four of his associates were Thursday sentenced by a city court to seven years in jail.
Additional Chief Metropolitan Magistrate Sanjay Bansal also slapped a fine of Rs.10,000 on each of them after holding them guilty of criminal conspiracy, cheating and other crimes under provisions of the Indian Penal Code and other offences under the Indian Stamp Act.

The court pronounced the sentence in three cases pending against them here.

Telgi, Sohail Khan and Sachin Kalge, lodged in Bangalore jail, appeared before the court through video conferencing and heard the sentence. The other accused, Vijay D. Patil and Laxman Maruti, did so from Pune jail.

Telgi, a native of Belgaum in Karnataka, has been accused of forging stamp papers with the face value running in millions of rupees. The scam, spread over several states, came to light in 2003.

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