His cousin did the same business in Canada. http://www.cp24.com/servlet/an/local/CTVNews/20100107/100107_chinese_buffet/20100107/?hub=CP24Home
I would guess you would need to first find where they went to. Then you would need to file a lawsuit. You may also want to conduct the SEC since they probably violated some federal laws. However, if they already spent your money, you are probably not getting it back. Think of it as a learning experience on how the rich steal from the poor.