Abdul Karim Lala Telgi, kingpin of the multi-crore fake stamp paper scam, passed away in Bengaluru on Thursday due to multiple organ failure, according to reports.
Convict in counterfeit stamp paper scam Abdul Karim Telgi passes away in Bengaluru due to multiple organ failure pic.twitter.com/0EAJys9YNy
— ANI (@ANI) October 26, 2017
Telgi, who was suffering from meningitis, was in critical condition on Tuesday. He was serving a 30-year prison sentence at the Parappana Agrahara Central Jail in Bengaluru after being convicted in the stamp paper scam.
He was arrested in Ajmer in November 2001 and was suffering from diabetes and hypertension for over 20 years, besides other ailments, including AIDS, NDTV reported.
Times Now reported that Telgi "collapsed" in Bengaluru’s Parappana Agrahara Central Jail, where he had been serving his jail sentence, after which he was admitted to hospital.
A Special Investigation Team unearthed his fake stamp paper racket after tapping a number of phones in 2002-03, The Financial Express reported.
In 2007, the court convicted and sentenced Telgi to 30 years rigorous imprisonment.
Telgi produced fake stamp paper and then sold it to banks, insurers and others, the report added. A fine of Rs 202 crore was also imposed on him.
Recently, Telgi was in the thick of another controversy when former DIG (Prisons) D Roopa alleged that prison authorities were giving him preferential treatment.
With inputs from agencies
Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.
Updated Date: Oct 26, 2017 17:40:08 IST