LA attorney blew $10.2M in company funds for 6-month Vegas gambling, partying binge: lawsuit

  • 📰 fox5ny
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Sara Jacqueline King of Orange County is accused of a massive fraud scheme in which she allegedly spent over $10 million of company money to fund a six-month partying and gambling spree at the Wynn Las Vegas.

- between January 2022 and October 2022. The suit claims the money was supposed to go to third-party borrowers, but in reality those borrowers were fictitious.The lawsuit claims the fake loans were presented with documentation that was supposed to be from the borrowers, showing they had been secured with collateral. But no collateral was ever put up.

Several photographs of King are included in the claim, according to the lawsuit, which King sent the company in "an effort by King to increase Plaintiff’s trust and confidence in King in terms of her connections, lifestyle, and connections to high-profile athletes as part of her fraud and scheme."— Aaron Rogers, Tom Brady, Patrick Mahomes and Josh Allen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The dog makes the narrative

Republicans

Throw the BOOK at her ass!

What, she didn’t turn that $10mil into $100 mil by gambling?

🤣🤣🤣

Good news for Steve Wynn I guess.

I never get the invite. This had to be a heck of a damn good time.

If it was a BlackRock et al company, good for her!!

Not bad at all - she pumped all the money into USA economy. Vegas casinos & hotels are big part of the USA economy. Consumer spending!

That poor dog has no idea either. 😔

Let's go!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 587. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LA attorney accused of scamming $10.2M in company funds for six-month Vegas gambling spreeSara Jacqueline King of Orange County is accused of a massive fraud scheme in which she allegedly spent over $10 million of company money to fund a six-month partying and gambling spree at the Wynn Las Vegas. This is nothing compared to what other attorneys do and You should see what Judges do. So much for setting a good example on how young women can break the glass ceiling.
Source: FOXLA - 🏆 445. / 53 Read more »

Lawyer accused of blowing $10.2m in company funds in six-month Vegas junketA Los Angeles lawyer is being sued after she allegedly spent over $10 million of company funds during a 6-month gambling and partying binge at a lavish Las Vegas hotel. I’m still trying to understand if he’s a hero or a villain?
Source: nypost - 🏆 91. / 67 Read more »