KUALA LUMPUR: Malaysia has sought the help of Chinese authorities to obtain a "Serious Offence Certificate" in the investigation of fugitive Malaysian businessman Tedy Teow (pic) and his MBI Group ponzi scheme network, says Datuk Seri Saifuddin Nasution Ismail. ALSO READ: New info on MBI emerges"The unit has also sought MLA assistance from China... to obtain criminal offence documents, including a 'Serious Offence Certificate'. Through Interpol, Chinese police sought to arrest Teow by issuing a red notice on Nov 9, 2020. ALSO READ: Thailand extradites Malaysian businessman Tedy Teow to ChinaBank Negara also listed MBI as a company running a dubious financial scheme. He also built a business empire from dubious online investment schemes that attracted investors from China, Thailand, Malaysia, Indonesia and Macau.

Source: The Star February 11, 2026 11:59 UTC