sentences:  In July 2012, original purchasers of the CMED bonds sued the CEO in a civil case in California, alleging he stripped assets from CMED.Post-bankruptcy filing, CMED's liquidator found itself probing an alleged $355 million insider fraud.In November 2012, the liquidator filed a complaint to the Hong Kong Police Force and the US Federal Bureau of Investigation (FBI) alleging that $400 million that CMED raised in stock and bond sales had gone missing, and that the CEO’s wife had gambled substantial sums at the Wynn and Bellagio casinos in Las Vegas, Nevada.