Usual suspects: Comm Ayob showing photographs of suspects arrested in the police raid. THOMAS YONG/The Star
JOHOR BARU: State police are hot on the heels of local businessman Tedy Teow who is believed to have fled the country for being involved in a slew of scams.
Johor police chief Comm Datuk Ayob Khan Mydin Pitchay said the 55-year-old is believed to be in hiding in Danok, Thailand.
He added that Teow’s two sons, who acted as proxies for the syndicate, were still in Malaysia.
“We received information that the sons may surrender themselves to the police, and we are awaiting updates, ” he said, adding that there was no place for them to run.
The Straits Times
Malaysian police on the hunt for scammer Jho Low 2
Johor police chief Ayob Khan Mydin Pitchay (left) said Tedy Teow is believed to be in hiding in Danok, Thailand.PHOTOS: THE STAR/ASIA NEWS NETWORK
PublishedFeb 4, 2021, 10:22 am SGT
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JOHOR BARU: Tedy Teow (pic), the founder of MBI Group International Sdn Bhd, is no stranger to controversy as the Penangite was in the spotlight for being involved in a virtual money scheme a few years ago and had been fined and imprisoned.
The 55-year-old is now linked to an elaborate web of scams, including Macau scams and others, through the setting up of layers of shell companies using drug addicts as directors to launder ill-gotten gains and then investing them in high-end properties in Malaysia and Thailand.
Investigations showed directors in Teow’s main companies were paid about RM15,000 each monthly.