On 17/01/06 10:58 -0800, A. M. Merritt wrote: > On 1/17/06, Thaths <[EMAIL PROTECTED]> wrote: > > On 1/5/06, Thaths <[EMAIL PROTECTED]> wrote: > > > IIRC, the guy that was arrested in > > > the Stamp Paper scam was also subjected to this (aside: whatever > > > happened to that case? last I heard of it was over a year ago.) > > > > This just in: > > > > http://news.bbc.co.uk/2/hi/south_asia/4620526.stm > > > > "A court in India's financial capital, Mumbai, has sentenced a man > > found guilty of faking government stamp papers to 10 years in prison. > > > > Abdul Karim Telgi was found guilty of conspiracy, cheating and > > counterfeiting stamp papers last week. > > > > The $650m fraud was discovered in 2002 and is said to be the biggest > > in India's history. " > > So what's a stamp paper used for? Declaring people > dead? Transferring property? Marriages and divorces? > Basically, anything which requires the payment of small amounts of fees, and a lot of paperwork/documentation.
Stuff like legal agreements (of any kind), contracts, etc are printed/typed on stamp paper and registered. The point of stamp paper is that you pay a certain amount of money to get that stamp. > I'm not familiar with the concept of "stamp paper" in the > US, but it sounds like some sort of irrefutable magic > paper whereupon any thing that appears on it is legally > binding - useful in places where facts and records can't > be checked easily, rather like a King's ring signifies that > an order came directly from the King and no other. The > closest thing I can think of to this is currency - paper legal > tender. > Currency you can sign a contract on, but not use as legal tender. Devdas Bhagat
