MBI founder and son jailed before

Enforcement officers carting away seized documents and evidence at the M Mall management office on May 29, 2017. The MBI founder and his son were jailed before for cheating. – The Malaysian Insight pic, June 2, 2017.

MBI GROUP International founder Tedy Teow Wooi Huat and his son were jailed before for being key figures in the Island Red Cafe franchise from 2008 to 2010, The Star Online reported today.

Teow, whose company is currently under the spotlight for its virtual money scheme, and his son Chee Chow, 28, were sentenced to one day in jail each and fined a total of RM160,000 by the Ampang Sessions Court in August 2011.

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