For cheating 93 people to invest RM 1,040,400 ,the father and son tag team of Teow Wooi Huat and Teow Chee Chow only received ONE day in prison and a mere RM 160,000 fine.
The next day another director Ong Tong Swan was on trial for the RM 16 million he was accused of having swindled out of investors.He pleaded not guilty.
Disgruntled investors have exposed their schemes,personal details,addresses,car plates,telephone numbers and those related to them on wangcyber.com.
The squealer linked Teddy Teow(the father) to Boss II Fund and EP-Link.
He goes on to explain how a falling out with a certain Tonny Shu and Money Chen,a taiwanese,culminated in the court cases.
He then goes on to name Yvonne Toh aka Toh Fong Peng as the boss of a now wound up Buy-Ebarrel and Invest-Ebarrel scam that lasted a grand total of 3 days only.
He accuses her of being The Real Boss behind Island Red Cafe.
That she is a partner to Teddy as well as a certain Michael Ng who was almost thrown into the sea by Johor investors for his part in a STG scam.
He relates that Teddy Teow and Yvonne Toh established EP-Link and that Teddy Teow is blacklisted and that is why his son's name was pulled in.
Because EP-Link didn't bring in the megabucks these scammers were after,Island Red Cafe was born,skimming millions from the sale of shareholder lots.
Peter Ong and Philip Ong apparently became scapegoats,when they were entrapped into saving their investments via PG Redcafe.
When NTV7 carried out a damning report,Yvonne Toh turned two headed snake and urge all investors to lodge police reports while Michael Ng collaborated with her and heaped the entire blame on PG Redcafe,Philip Ong and Peter Ong.
Apparently the latest tricks up Yvonne Toh's sleeve was :
Life style World Card loyalty programme which she has started in Sarawak with the HQ based in Ipoh(early 2010)
In the later part of 2010 she and Teddy were found to be listed on e-mobile at MXB International Holdings or Maxgaba International Trading Sdn Bhd
From the looks of it,these scammers are always active come what may.And ever evolving.
Look,you have all the details at your fingertips,do check out the directors of any investment scheme or MLM before you take the plunge.
Look,you have all the details at your fingertips,do check out the directors of any investment scheme or MLM before you take the plunge.
If you do see any of these names there,do the wise thing and back out
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(This Posting is extracted from wangcyber.com)
Kisah ini mulai pada tahun 2007….
Boss II Fund ialah boss EP-Link dan juga pemilik Island Red Café iaitu TeddyTeow. Website II Fund ialah Teddy Teow yang meminta tolong kawannya Tonny Shu (0124736688) Dan Money Chen +886221921594(Orang Taiwan) (001 Taiwan Island Red Café) untuk ditubuhkan. Tetapi akhirnya mereka bergaduh disebabkan Island Red Café dan akhirnya rahsia ini dibongkar keluar. Kontrak mereka saya paparkan di bawah ini.
Yvonne Toh pula merupakan boss Buy-Ebarrel. STG Scam punya Director Michael NG merupakan partner Yvonne semasa E-Barrel. Apabila E-Barrel sampai bulan ketiga, mereka bertekad untuk tutup E-Barrel dan mengajak semua downline mereka pergi money game yang lain iaitu Invest-Ebarel. Mereka beritahu semua downline, E-Barrel mereka untuk “Press Button” dan tutup dalam masa 3 hari! Jika mereka bukan boss, macam mana boleh press button tutup Ebarrel?Pada masa itu, Michael Ng hampir dibuang ke dalam laut oleh sekumpulan investor dari Johor! Di sini, apa yang saya ingin beritahu ialah suatu Rahsia Besar?
YVONNE TOH SEBENARNYA MERUPAKAN BOSS BESAR DI BELAKANG IRC!
Dua-dua penipu besar iaitu II Fund punya boss Teddy Teow dan Buy Ebarrel punya boss Yvonne Toh bekerjasama menubuhkan syarikat EP-Link. Di bawah ialah bukti kedua-dua penipu itu berkongsi syarikat EP-Link:
Oleh kerana nama Teddy Teow telah pun diblacklist, maka dia memakai nama Teow Chee Chow iaitu anaknya sebagai director. Toh Fong Peng ialah nama sebenar bagi Yvonne Toh. Tambahan pula, nama Teddy Teow sudah blacklist dan dia keluarkan S-Class atas nama siapa? Anda tahukah??? Ya, Atas nama partner dia: Yvonne Toh! Bukti di bawah, dua orang itu memang berkait rapat sama-sama tipu orang masuk ke dalam longkang!!!
Mereka bersama-sama membuat suatu lubang besar dan enggan keluarkan duit sekali gus. Dua orang yang pak sanggup iaitu Peter Ong dan Philip Ong masuk ke dalam rangkaian mereka paling besar di Island Red Cafe (IRC), dan harapkan keuntungan bagi membolehkan mereka menubuhkan PG Red Café untuk cuba menyelamatkan shareholder dan ahli-ahli mereka sekalian.
Tapi, malangnya berita-berita buruk berkenaan dengan ISLAND RED CAFÉ secara langsung dan secara tidah langsung menjadikan PG RED CAFÉ nyawa-nyawa ikan, terutamanya berita NTV 7 berikut terus matikan PG RED CAFÉ seperti video yang tertera di bawah ini
Pada masa itu? Boss E-Barrel yang juga salah seorang BOSS Island Red Cafe (IRC) iaitu Yvonne Toh mulakan tindakan selanjutnya dengan Yvonne Toh sekali lagi berkerjasama dengan rakan kongsinya iaitu Michael Ng melalui E-Barrel. Michael NG yang merupakan Director STG (Scam) menolak semua kesalahan kepada Peter Ong dan Philip Ong dengan memanggil semua orang untuk membuat laporan polis berkenaan dengan PG Red Café tetapi sebenar-benarnya dia sendiri yang merupakan orang kuat di belakang Island Red Café (mother company IRC ialah EP-Link) yang ambil semua duit dan tidak menghiraukan EV dan EP ahli-ahli dan pelabur-pelabur Island Red Café.
BUKTI-BUKTI SAYA SERTAKAN!!! AHLI-AHLI IRC BANYAK LOAD CARD, DI TANGAN SAYA ADA BUKTI SEKURANG-KURANG 10 JUTA PUNYA. LOAD CARD SLIP, SEMUANYA LOAD KE DALAM EP-LINK, PERGI MANA DUIT ITU? SIAPA DIRECTOR EPLINK?? TEDDY TEOW DAN YVONNE TOH!!! SAYA SERTAKAN SEBAHAGIAN BUKTI UNTUK SEMUA ORANG TENGOK, SEMUA TRANSAKSI IRC LOAD KE DALAM EP LINK!!! [HUBUNGI SAYA JIKA INGIN MELIHATNYA]
DI MANA DUIT AHLI-AHLI ISLAND RED CAFE PERGI?????
Yvonne sekarang berani memulakan penipuan baru lagi dengan memulakan dari Sarawak dan ibu pejabatnya di Ipoh. Nama syarikatnya ialah Lifestyle Worldcard. Diharap jangan ada yang tertipu lagi selepas ini.Di sini, saya sertakan semua maklumat berkenaan Teddy Teow dan Yvonne Toh. Teddy menggunakan nama anaknya sebagai Director Ep-link dan Island Red Cafe (IRC):
Teow Chee Chow
Telefon 0166901222
Plat Kereta S320 & WQS222
Nombor telefon: 1) 016-2378333 2) 012-4013838 3) 013-2183333 4) 014-3313133Alamat rumah: K1-G-08, Kenari Court, Jalan Pandan Indah 6/1 Pandan Indah 55100 Kuala Lumpur
Alamat pejabat: 5M, Jalan Pandan Indah 1/23b, Pandan Indah, 55100 Kuala Lumpur.
Yvonne Toh aka Toh Fong Peng
Telefon: 1) 0192613383 2) 0162220943 3) 0123302352
IC 701002105060
Nama suami: Raymond OngTelefon : 0133631449
Alamat rumah: D-20-06 D’Alamanda, Pudu Impian 56100 Kuala Lumpur
IBU PEJABAT Lifestyle Worldcard!?dulu STG SCAM PUNYA PEJABAT?
No 5A, Persiaran Greentown 6, Pusat Perdagangan Greentown, 30450 Ipoh.
Di sini merupakan kedai Lifestyle Worldcard di Kuching?No.33, Lot 5416,Ground Floor, RH Plaza, Jalan Lapangan Terbang, 93250, Kuching (formally known as Point One )
Telefon: 08 – 2457 0634
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Pengarah Dituduh Tipu RM16 Juta (Kosmo- 14th august)
AMPANG - Dua hari selepas dua pengarah syarikat Island Red Cafe Franchise Sdn. Bhd., dituduh melanggar Akta Syarikat 1965 dengan kerugian lebih RM21 juta, semalam giliran seorang lagi pengarah syarikat tersebut didakwa di Mahkamah Sesyen di sini atas tiga tuduhan menipu dan memperdayakan pelabur membabitkan RM16 juta.
Bagaimanapun, Ong Tong Swan, 33, mengaku tidak bersalah terhadap ketiga-tiga pertuduhan yang dibacakan di hadapan Hakim Azwarinda Affandi.Pada 9 Februari lalu, Teow Wooi Huat, 44, dan anaknya, Teow Chee Chow, 21, selaku pengarah syarikat tersebut mengaku tidak bersalah di mahkamah yang sama atas tiga pertuduhan serupa.
Father And Son Jailed Over Cafe Scam (The Star- 13th august)
Syarikat Island Red Cafe Franchise Sdn Bhd executive director Teow Wooi Huat, 45, and his son Chee Chow, 22, who is also a director at the company, were charged at the Ampang Sessions Court on Feb 9 last year with fraudulently inducing 93 people to invest RM1,040,400.
They had committed the offence at the company’s premises in Pandan Indah between Jan 1, 2008 and Feb 28 last year.
They also pleaded guilty before Judge Aslam Zainuddin to offering shares of the company to the public through the programme although at that time, it was not involved in buying and selling shares.
For the first offence, Teow and Chee Chow were each sentenced to a day in prison and fined RM20,000 in default of 20 months’ jail.
They were also slapped with a day in prison and fined RM70,000 and RM50,000 respectively – in default of 30 months jail – for the second offence.
Judge Aslam ordered for the jail sentences to run concurrently.
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How It All Began
KUALA LUMPUR, Oct 21 — Police are investigating a restaurant franchise chain after 10 investors, including a Singaporean, lodged a report claiming one of its directors had absconded with more than RM9 million.The investors are part of a group of more than 3,000 people, mostly Malaysians, who bought shares in the franchise known as Island Red Cafe. About 200 Singaporeans are said to have invested in the company, which claimed a monthly turnover of about RM2 million.Each lot of shares was sold for about RM6,000.The first Island Red Cafe opened in Kuala Lumpur in 2007. The cafe is known for its range of local and Western food and has 15 outlets throughout Malaysia.The 10 investors lodged their police report at the Nusa Bestari police station in Johor Baru on Sunday.The MCA Youth’s consumer affairs bureau, which promotes and enforces consumer rights, is working with the police to deal with complaints.The Singaporean who lodged the report, Ng Ee Siong, 50, said he was lured into investing in the business by its concept.Ng, who works in a multi-level marketing business in Singapore, said that in return for a lot of shares that he bought some time last year, he was given a voucher worth RM100 to spend at any Island Red Cafe and RM300 in cash on a monthly basis.He said: “I could easily have made back my principal sum in two years that way and earned a profit too.”He said he bought a second lot of shares late last year and also introduced five Singaporean friends as investors.But Ng claimed that he stopped receiving the vouchers and cash payouts earlier this year, adding that he had not been able to contact any of the company’s four directors — including the one who is said to have absconded.Attempts by The Straits Times to contact some of these directors yesterday were not successful. — The Straits Times
