Teddy Teow Mbi International
It chronicles the success of tedy teow in establishing mbi saying it was his third effort in setting up a business.
Teddy teow mbi international. In a youtube video uploaded on april 23 2013 titled the story of mbi international s boss teow is said to have started the business after going to china where he was given a second shot at life. The bank of malaysia has charged mbi international ponzi boss teddy teow with two counts of financial fraud. Three men believed to be chinese nationals held up the son of a businessman at knifepoint. Mbi is an acronym for mobility beyond imagination and the company mbi international is touted as the third business of entrepreneur tedy teow wooi huat pic.
Following initiation of an internal investigation the bank of malaysia added mbi international to its alert list in may 2017. Teow whose company is currently under the spotlight for its virtual money scheme and his son chee chow 28 have been jailed before for cheating and misleading investors in the cafe chain scheme. Dato wira amiruddin bin che embi mbi international s chairman. Mbi group international founder tedy teow wooi huat 51 is no stranger to controversy he was a key figure in the island red cafe franchise from 2008 to 2010.
From the sounds of it though there s little doubt they ve nabbed mbi international founder teddy teow. In early june teddy teow the schemer behind the mbi international mbi virtual money game ponzi scheme scam was arrested by the ministry for domestic trade cooperatives and consumerism the malay acronym kpdnkk. Words are teddy teow was arrested at a condo in penang in the midst of shagging someone s wife. With over 30 years of experience in networking business our founder mr.
The man in his 50s was arrested on monday at a house in taman mbi desaku in kulim kedah. Mbi group international founder tedy teow wooi huat 51 is no stranger to controversy he was a key figure in the island red cafe franchise from 2008 to 2010. According to the charge sheet mbi marketing sdn bhd and mface international sdn bhd issued electronic money between june 3 2012. Domestic trade co operatives and consumerism ministry enforcement chief datuk mohd roslan mahayudin described the accused as a man in his 50s.
Mbi group international sdn bhd founder tedy teow has been charged in a sessions court in kuala lumpur for issuing electronic money without bank negara malaysia s permission. Tedy teow is known for his sharp mind and collaborative leadership style.