I spoke with the La Habra Police Department today and as soon as I mentioned Bitcoin theft they told me they do not handle cyber-crimes and referred me to the FBI. Ugh.
That's unfortunate news but I would suggest you INSIST they take the police report and tell them that it was an actual physical product that you were sold, by a registered Califoria LLC, not an "internet crime", per se. What you were sold technically was also a fraudulent security and/or money transmitter service, which is why we should keep hammering at FINSEC to take action also. I'm still open to the idea of a class-action civil suit also, but it will be much better for the civil suit if we can get criminal indictments and regulatory action against Tim / Titan first.