Los Angeles attorney accused of embezzling $10.2 million in law firm money at a Los Vegas hotel over six months
A Los Angeles attorney is accused of spending $10.2 million of her law firm’s money at a Las Vegas hotel in six months and posing for pictures with Aaron Rodgers, Tom Brady and Patrick Mahomes to show off her fake “lifestyle “
- Sarah King is being sued for that amount by her former employer, LDR International
- The Newport Beach attorney says she now has just $11.98
- It contains allegations of breach of contract, fraudand civil theft, and includes photos that the company says were sent by King as part of an effort to build trust
A Los Angeles lawyer is accused of spending $10.2 million in company funds on her own “extravagant lifestyle,” which included six months of gambling at the Wynn in Las Vegas.
Sarah Jacqueline King is being sued for the full amount by her former employer, British lender LDR International – although a Newport Beach lawyer claims she now has just $11.98 to her name after a violent $300 bar party. overnight hotel.
The 33-page lawsuit accuses King of federal fraud and was filed in the California Central District Court on Saturday.
It contains allegations of breach of contract, fraudand civil theft, and includes a series of photographs that the loan company’s lawyers say were sent by King as part of an attempt to instill confidence in her high-ranking connections.
In one such photo, the young lawyer poses with big-name NFL stars Aaron Rodgers, Tom Brady, Patrick Mahomes and Josh Allen at The Match, a high-profile golf event held last summer at the Wynn. Another shows King’s nearly emptied bank accounts.
British Virgin Islands-based LDR International is suing Sarah Jacqueline King for the entire amount she allegedly spent during a six-month gambling spree at a Las Vegas hotel
The lawsuit includes a series of photos that the loan company’s lawyers say were sent by King as part of an attempt to instill confidence in her connections. In one photo, the young lawyer poses with big-name 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
LDR lawyers also included emails and correspondence from King in which she tried to justify 97 loans taken out between January 2022 and 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 issued loans to the legal lending service – which bears its name.
These loans were made to third parties – high-profile stars who, according to the lawyer, were harassed – and were secured by various forms of collateral provided by King, including, but not limited to, luxury cars, boats, yachts, jewelry, watches, precious metal coins, and proceeds from guaranteed sports contracts.
In reality, however, the suit says no such lien ever existed — and, in yet another step, King fabricated the existence third-party borrowers in general, as well as several six-figure deals related to them.
The lawsuit alleges that King instead moved to the Wynn in Las Vegas for six months, where she allegedly “gambling 24/7.”
Instead of using the funds to make deals and connections, King moved to the Wynn in Las Vegas for six months and “gambling 24/7,” the lawsuit alleges.
Lawyers for the loan company, which employed a Los Angeles lawyer as an agent, say King recently told them she had no money. A photo included in the lawsuit shows King’s allegedly purged bank accounts
The Wynn facade can be seen on the Las Vegas strip. Lawyers say that’s where the Los Angeles lawyer settled for months while committing the alleged fraud
Lawyers charge that King’s now ex-husband has fled the country to Morocco, but is cooperating with them and has provided records of their time at the resort.
The attorney wrote that the fact that King’s ex, who parted ways with the attorney last year, supports their belief that King was involved in fraud against the now-defunct company, which lost its status as a financial lender in April 2022.
This means that the company did not have a license to participate in several allegedly fraudulent transactions carried out by King during the aforementioned six months.