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‘Scam 1992’ Team to Reunite for Web Series Based on 2003 Stamp Paper Scam

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Credits: Silverscreen India Media Library

Following the success of Scam 1992: The Harshad Mehta Story, the Hindi crime drama series, its production company Applause Entertainment and distributor SonyLIV have announced the second season of the series.

The upcoming season will feature the story of the 2003 Stamp Paper Scam by Abdul Karim Telgi, the makers said in a press release on Thursday. Filmmaker Hansal Mehta, who directed the first season, will reprise his role for the second instalment.

The new season has been tentatively titled Scam 2003: The Curious Case of Abdul Karim Telgi. The show will be adapted from the Hindi book Reporter ki Diary, that was authored by journalist and news reporter Sanjay Singh. Singh was credited with breaking the story of the scam.

“The series promises to be an intriguing watch as it will capture the life of Abdul Karm Telgi, born in Khanapur in Karnataka, and his journey to becoming the mastermind behind one of India’s most ingenious scams spread across multiple states which shook the entire country. It is estimated that the scam value was allegedly around Rs 20,000 crores,” the press release read.

Telgi was involved in counterfeiting stamp papers between 1993 and 2002 in Nashik, Maharashtra. He was also convicted of selling the stamp papers at huge discounts to banks and brokerage firms. He was arrested in 2001 and awarded 30 years of rigorous imprisonment. Various government officials were also found involved in the scam. He died in 2013 after suffering from meningitis in Bengaluru.

The show’s second season of the show will be written and developed by Kiran Yadnyopavit, who predominantly works in the Marathi film industry. He will be working along with Singh for the show.

Scam 1992: The Harshad Mehta Story is a 10-episode drama web series directed by Mehta which is streaming on SonyLIV. The series is based on the book titled The Scam: Who Won, Who Lost, Who Got Away by journalists Debashis Basu and Sucheta Dalal. It follows the real-life stories of Gujarati stockbroker Harshad Mehta, who was the mastermind of the 1992 securities scam worth thousands of crores. The show opened to positive reception.

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