In 1994, I acquired a stamp paper license from the Indian government and began printing fake stamp papers. I bribed to get into the government security press in Nasik and bought special machines to print fake stamp papers. My Scam Amount merely 180 Crores.

Abdul Karim Telgi was convicted in the stamp paper scam worth approximately 180 crore rupees. He obtained a stamp paper license in 1994 and printed fake stamp papers, even bribing officials to access the government security press in Nasik. Radia (Niira Radia) is associated with the 2G scam, Harshad Mehta with the 1992 securities scam, and Dinesh Dalmia with DSQ Software scam.