The president of a California lending business allegedly tapped into more than $10M in client money to pay for her extravagant living costs at the Wynn Las Vegas for six months. She also was using the cash for gambling 24/7, according to a recent lawsuit.
Sara Jacqueline King, an Orange County, Calif. attorney who was listed as president of King Family Lending LLC, allegedly misspent $10,258,500 from the client, LDR International, a business based in the British Virgin Islands.
LDR filed a lawsuit on February 11 at the US District Court for the Central District of California to recover the money. The court action is also seeking treble damages.
Sara Jacqueline King, an Orange County, Calif. attorney who was listed as president of King Family Lending LLC, allegedly misspent $10,258,500 from the client, LDR International, a business based in the British Virgin Islands.
LDR filed a lawsuit on February 11 at the US District Court for the Central District of California to recover the money. The court action is also seeking treble damages.