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 purported loans from King Lending to the third-party borrowers were purportedly secured by various forms of collateral, including but not limited to luxury automobiles, boats, yachts, jewelry, watches, precious metal coins, and the earnings from guaranteed professional sports contracts," the lawsuit states."King and King Lending provided Plaintiff, and its agent and representative, Laurent R.
Sara Jacqueline King with Aaron Rodgers, Tom Brady, Patrick Mahomes, and Josh Allen. / California Central District Court
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Montgomery Co. Animal Shelter offers $10 adoption fees due to overcapacityDoggos are in need of a loving home for National Love Your Pet Day! Furry babies are bunking together due to the Montgomery Co. Animal Shelter being overcapacity.
Read more »
Eva Mendes, 48, Reveals Her Affordable Secret to Smooth Skin From Head to ToeEva Mendes Says ‘Nothing Beats’ These Exfoliating Mitts for Smooth Skin
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.
Read more »
Tivan strikes A$20m deal for SpeewahASX-listed Tivan has struck A$20-million a deal with ASX-listed King River Resources to acquire the Speewah vanadium/titianium/iron project, in Western Australia. Under a binding term sheet signed between the two companies, Tivan would acquire all the issued capital of Speewah Mining, which owns the Speewah project, in exchange for A$10-million of new Tivan shares, at a deemed price of 10c each, and A$10-million in cash by way of a three-staged payments, including an initial A$2.5-million payment on completion of the acquisition.
Read more »
Jacqueline Stewart’s 10 Essential Films to Watch During Black History MonthThe new director of the Academy Museum of Motion Pictures shares her top picks, from ‘I Am Not Your Negro’ to ‘Sankofa’ and ‘Summer of Soul.’
Read more »