Sarah Jacqueline King is being sued in full by her former employer, UK-based lender LDR International. hotel at night.
The 33-page lawsuit accuses King of federal fraud, California Central District Court Saturday.
contains allegations of breach of contract, scamand civil theft, which included a series of photographs that a loan company attorney said were sent by King as part of an effort to inspire confidence in her high-profile connections.
One such photo was with notable NFL stars Aaron Rodgers, Tom Brady, Patrick Mahomes and Josh Allen at The Match, a high-profile golf event held in Wynn last summer. It shows a young lawyer posing with them. Another shows King’s bank account nearly empty.
Sarah Jacqueline King is being sued by British Virgin Islands-based lender LDR International for the full amount allegedly spent on a six-month gambling binge at a Las Vegas hotel
The lawsuit includes a series of photos, which lawyers at the lending company said were sent by King as part of an effort to instill trust in his connection to her. Shows a young lawyer posing with famous NFL stars Aaron Rodgers, Tom Brady, Patrick Mahomes and Josh Allen at The Match, a prestigious golf event held in Wynn
LDR’s attorneys also included emails and correspondence from King that attempted to justify 97 loans made between January 2022 and October 2022.
King worked as an agent for LDR, facilitating financing for high-profile US clients.
According to the lawsuit, the company financed a lawyer’s loan service.
These loans were aimed at third parties — prominent stars whose attorneys said she was pursuing — and It was protected by various forms of collateral presented by King, including, but not limited to, luxury cars, boats, yachts, jewelry, watches, precious metal coins, and proceeds from guaranteed sports contracts.
In fact, however, the lawsuit states that no such collateral was ever filed, and going one step further, King fabricated its existence. Overall third-party borrowers, and some six-figure deals related to them.
Instead, the lawsuit claims that King moved to Wynn, Las Vegas for six months, where he “gambled 24/7.”
The lawsuit alleges that instead of using the funds to trade or hook up, King moved to Wynn, Las Vegas for six months and “gambled 24/7.”
Lawyers at a loan company that once had a Los Angeles attorney represent them told them that King had no money recently. It is reflected
Lawyers accuse King’s ex-husband of cooperating with them and providing gaming records of their time at the resort, although they have since fled to Morocco.
Lawyers support their belief that King’s ex, who broke up with his lawyer last year, was involved in a case of fraud against the now-defunct company, which King lost its status as a financial institution in April 2022.
This means that the company did not have a license to be involved in some of King’s alleged fraudulent transactions during the aforementioned six months.
The timeline is also more or less the period and cornice that King allegedly supported himself with millions of dollars in corporate funds.
“King spent the majority of the funds lent to King Lending by plaintiffs for gambling in Las Vegas, financing a lavish lifestyle and other personal uses by King,” the filing alleges. doing. “Plaintiff was informed and believed that King had moved to the Wynn Las Vegas resort and hotel, lived there for six months, and gambled 24/7.”
The Wynn facade can be seen on the Las Vegas Strip.Attorney says it was there that LA attorneys resided for months while carrying out fraud allegations
Lending Services attorneys will also provide evidence of nearly 100 short-term loans made by King and the high net worth she set aside to secure them. Luxury items like designer handbags, jewelry and $25,000 worth of collector’s comics.
Other items King allegedly made included a $400,000 Tiara F44 yacht and a $450,000 1961 Aston Martin. said no.
Additionally, the lawsuit states that some of the 97 loans were backed by guaranteed contracts obtained from professional athletes who hail from well-known leagues such as the NFL, MLB, NHL and MLS.
https://www.dailymail.co.uk/news/article-11768929/LA-attorney-accused-blowing-10-2M-law-firms-money-Los-Vegas-hotel-six-months.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 A Los Angeles attorney is accused of blowing $10.2 million in law firm money over six months at a Los Angeles hotel.