Very clever! I "respect" them as businessman. That's how business works. The strongest dog fucks...
Not very clever. That's how wire fraud works.
If they took money to build a 20nm mining machine from Americans, and don't deliver because they spent it on something else, expect to be extradited by the FBI shortly! Hopefully they will have something by the end Q2 2014 or the buy a nice house in Russia/South America.
Maybe at Siberia?