The new season (S01) is a complete 10-episode arc covering Telgi’s rise, the operation of the scam, his arrest, and the fallout.
| Episode | Title | Key Events | | :--- | :--- | :--- | | 1 | The First Cut | Introduces young Telgi in Karnataka; his failed business ventures. | | 2 | Paper Kingdom | Telgi discovers the stamp paper loophole in Pune. | | 3 | The Sindhi Connection | How he built a network across Mumbai, Delhi, and Bengaluru. | | 4 | Stamping Money | The peak of the scam – raw cash, political payoffs. | | 5 | The Cop Who Knew | Focus on Inspector Shridhar Thatte, who finally arrests Telgi. | | 6 | Nashik Breakthrough | The truck incident that exposed everything. | | 7 | Confessions | Telgi’s interrogation and shocking revelations. | | 8 | Political Umbrella | How the scam reached ministers and police commissioners. | | 9 | Falling Dominoes | Arrests of co-conspirators. | | 10 | The Untold End | Telgi’s trial and his mysterious death in 2017. |
“Scam 2003: The Telgi Story” (2023) S01 succeeds as both gripping drama and social commentary. By humanizing participants, unmasking institutional weaknesses, and reconstructing a defining economic crime, the series prompts reflection on accountability and the persistence of fraud. For viewers interested in true-crime rooted in systemic critique, the show offers an effective, if dramatized, retelling of a scandal that reshaped public understanding of white-collar crime in India. download scam 2003 the telgi story 2023 s01 new
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Following the massive success of Scam 1992: The Harshad Mehta Story, the makers return with another deep dive into India’s financial underbelly. Scam 2003: The Telgi Story uncovers one of the country’s most staggering counterfeit operations – the multi-thousand-crore stamp paper scam orchestrated by Abdul Karim Telgi. The new season (S01) is a complete 10-episode
The series traces Telgi’s rise from a small-time fruit seller and travel agent to the mastermind of a伪造 network that produced and sold fake judicial and non-judicial stamp paper across multiple states. Using a combination of audacity, bribes, and systemic corruption, he exploited India’s pre-digital financial infrastructure. The show documents his empire’s peak in the early 2000s, his arrest, and the political and bureaucratic shockwaves that followed.
| Feature | Scam 1992 (Harshad Mehta) | Scam 2003 (Telgi) | | :--- | :--- | :--- | | Year of Scam | 1992 | 2003 | | Protagonist | Charismatic, confident | Nervous, desperate | | Method | Stock market loopholes | Physical counterfeiting | | Lead Actor | Pratik Gandhi | Gagan Dev Riar | | Platform | Sony LIV | Sony LIV | | IMDb Rating | 9.3/10 | 8.7/10 (as of 2023) | “Scam 2003: The Telgi Story” (2023) S01 succeeds
Both are excellent, but Scam 2003 is grittier and more uncomfortable – because it deals with systemic corruption at every level.
The series received largely positive reviews from critics and audiences.