A California lawyer accused of living it large in Las Vegas with more than $8 million of her clients’ money will plead guilty to wire fraud and money laundering charges. That’s according to a plea deal agreement filed by federal prosecutors Wednesday to the California Central District Court.
Sara Jacqueline King called herself the “slots whisperer” and claimed to have an unbeatable strategy for high-stakes slots. During a six-month gambling spree, when she lived in a VIP suite at the Wynn, King blew millions on high living and “gambling 24/7,” according to court filings.
The money belonged to investors in her company, King Family Lending LLC (KFL). The business purportedly provided short-term, high-interest loans to celebrities, professional athletes, and other high-net-worth individuals, which were secured by the borrower’s own assets, such as jewelry, luxury cars, and other high-ticket items.
Sara Jacqueline King called herself the “slots whisperer” and claimed to have an unbeatable strategy for high-stakes slots. During a six-month gambling spree, when she lived in a VIP suite at the Wynn, King blew millions on high living and “gambling 24/7,” according to court filings.
The money belonged to investors in her company, King Family Lending LLC (KFL). The business purportedly provided short-term, high-interest loans to celebrities, professional athletes, and other high-net-worth individuals, which were secured by the borrower’s own assets, such as jewelry, luxury cars, and other high-ticket items.
