Strip Casinos Used as Chinese Laundries: According to ongoing reports by online global biz-news outlet Quartz (@qz), high-limit slot machines at Bellagio (and, to a lesser extent, Wynn Las Vegas) may have been used to launder a significant part of the missing monies (now estimated at close to $700 million) raised in a 2005 IPO by former blue chip company and Nasdaq listee China Medical Technologies–money that has since "disappeared." According to a late-December 2012 filing with the New York Southern District Bankruptcy Court, Hong-Kong-based liquidation firm Borrelli Walsh alleges that hundreds of millions of dollars raised by China Medical were "funneled to Wu [Xiaodong, its CEO] and his associates, including [Jenny] Bi [Xiaoqiong, his wife]", who from 2008 to 2012 put some $62 million through slot machines at Bellagio. The two casinos named are not suspected of having been witting accomplices in any money-laundering plot, nor of having violated any financial-transaction reporting requirements

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