California Attorney Sentenced to 21 Months for Embezzling $8.7 Million to Fuel Vegas Gambling Habit
Sara Jacqueline King, a 41-year-old attorney from Newport Beach, California, was sentenced to 21 months in federal prison for embezzling approximately $8.7 million from her clients. The sentencing took place on May 5 after she pleaded guilty to charges of wire fraud and money laundering. In addition to her prison term, King has been ordered to pay restitution totaling nearly $8.8 million. Between January 2022 and January 2023, King operated under her business, King Family Lending LLC, which purportedly provided short-term loans secured by the assets of high-profile borrowers, including celebrities and professional athletes. However, … Read more