Telgi pleads guilty in fake stamp scam

Telgi pleads guilty in fake stamp scam

Pune: Abdul Karim Telgi, kingpin in the multi-crore fake stamp scam, on 28 June pleaded guilty before the Maharashtra Control of Organised Crime Act (MCOCA) court here.

The case relates to printing, circulation and sale of counterfeit government stamps and stamp papers by an organised crime syndicate headed by Telgi, currently in judicial custody in Yerwada Jail here.

Of the 68 chargesheeted, accused 42 have already confessed to their role in the scam, which came to light here in mid-2002, before Special Judge Chitra Bhedi.

Telgi Wednesday conveyed his desire to the court to plead guilty. Fourty-three others have earlier pleaded guilty in the case.

Former Mumbai Police Commissioner R.S. Sharma and two other police officers were on 27 June in one of the cases of the multi-crore fake stamp case after a special court found lack of evidence against them.