A Los Angeles lawyer is accused blowing $10.2 million of company funds on her own ‘extravagant lifestyle’ – which included a six-month gambling binge at the Wynn in Las Vegas.
Sara Jacqueline King is being sued by her former employer, British based lender LDR International, for the full amount – though the Newport Beach-based attorney alleges she now has only $11.98 to her name after her hard-partying binge at the $300-a-night hotel.
The 33-page suit accuses King of federal fraud, and was filed in the California Central District court Saturday.
It contains allegations of breach of contract, fraud, and civil theft, and includes a series of photographs that lawyers at the lending company said were sent by King to as part of an effort to inspire trust in her high-profile connections.
One such photo shows the young lawyer posing with notable NFL stars Aaron Rodgers, Tom Brady, Patrick Mahomes, and Josh Allen at The Match, a high-profile golf event held at the Wynn last summer. Another shows King’s nearly emptied bank accounts.
Sara Jacqueline King is being sued by British Virgin Islands-based lender LDR International for the full amount, allegedly spent during a six-month gambling binge at the Las Vegas hotel
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The suit includes a series of photographs that lawyers at the lending company said were sent by King to as part of an effort to inspire trust in her connections. One photo shows the young lawyer posing with notable NFL stars Aaron Rodgers, Tom Brady, Patrick Mahomes, and Josh Allen at The Match, a high-profile golf event held at the Wynn last summer
Lawyers for LDR also included emails and correspondence from King in which she attempted to justify the 97 loans made from January 2022 through October 2022.
King worked as an agent for LDR, facilitating loans to high-profile clients in the United States.
According to the lawsuit, the company made loans to the attorney’s lending service – which bears her name.
Those loans were intended for third parties – high profile stars the lawyer said she was pursuing – and were secured by various forms of collateral put up by King, including but not limited to luxury automobiles, boats, yachts, jewelry, watches, precious metal coins, and the earnings from guaranteed sports contracts.
