Four agencies fail to prosecute multi-million-dollar scheme
Despite a two-year investigation and translated interviews with more than 100 complainants, no enforcement action was taken over MFC Club.
Tedy Teow (black jacket) of MFC poses with fans.
A scheme which fleeced Chinese New Zealanders of as much as $100 million was passed between four government agencies with no enforcement action taken.
Investigations into MFC Club were closed despite 21 months of work, translated interviews with 110 complainants, forensic accounting analysis by
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