Lawyer sued by lending company; says she used millions for Las Vegas gambling

The lawsuit claimed that the loans to the third parties "were purportedly secured by luxury cars, jewelry, watches, antique precious metal coins, designer handbags, boats, yachts, and earnings from guaranteed sports contracts with representations regarding salary and bonus amounts.

King Lending had an "inactive" status on its state finance lender license starting in April, something LDR International Limited accused her of misrepresenting as an administrative hiccup, the lawsuit further claimed. It also said King sent a screenshot of her bank account showing she only had $11.98.

FOX Business reached out to King for comment but did not receive a response by the time of publication.

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 »