LA attorney is accused of blowing $10.2M of her law firm’s money at Las Vegas hotel over six months – and took pictures with Aaron Rodgers, Tom Brady and Patrick Mahomes to showcase her fake ‘lifestyle’
- Sara King is being sued by her former employer LDR International for the amount
- The Newport Beach-based attorney alleges she now has only $11.98 to her name
- It contains allegations of breach of contract, fraud, and civil theft, and includes a photos the company said were sent by King to as part of an effort to inspire trust
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
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.
However, in reality, the suit says that no such collateral was ever put up – and, in one step further, that King fabricated the existence of the third-party borrowers altogether, as well as the several six-figure deals associated with them.
The lawsuit alleges that instead, King moved into the Wynn in Las Vegas for six months – where she allegedly ‘gambled 24/7.’
The lawsuit alleges that instead of using the funds to make deals and connections, King moved into the Wynn in Las Vegas for six months and ‘gambled 24/7’
Lawyers for the lending company – which used to employ the LA lawyer as an agent – say that King recently told them she has no money. A photo included in the suit shows King’s allegedly emptied bank accounts
The facade of the Wynn is seen on the Las Vegas strip. Lawyers say it was there that the LA lawyer took up residency for several months while carrying out the alleged fraud
Lawyers charge that King’s now-ex husband has since fled the country to Morocco, but is cooperating with them and provided gaming records of their time at the resort.
Attorney wrote that that the fact that King’s ex, who split with the lawyer last year, substantiates their belief that King engaged in instances of fraud against the now defunct company, which lost its status as a finance lender in April 2022.
