LA Attorney Indicted for $10 Million Deception, Banned from Wynn Casino in Las Vegas Following Undercover Gambling Activity
A prominent LA lawyer, Sara Jacqueline King, who stands accused of squandering $10 million of her client's money at the Wynn Las Vegas in lavish style, was recently seen gambling at the casino, this time undercover. This is odd since she's been banned from the Wynn and claims to be financially broke, as reported by Los Angeles Magazine (LAM).
LAM claims that the casino's advanced facial recognition technology picked up King even though she donned a baseball cap, yoga pants, and a hoodie - a far cry from her usual high-end Dior attire. Her cover was blown, and she was escorted out by Wynn's security personnel, according to LAM.
King's casino pass was revoked in November following allegations that she was swindling fellow guests and staff members.
One such swindled individual was a cocktail waitress who had amassed $5,000 to invest in King's promising venture, King Family Lending LLC (KFL). KFL was essentially a high-end digital pawn shop where customers could get quick cash for items like luxury cars, jewelry, and other high-value assets, at rates/// higher than regular loans.
Last month, an investor in KFL, LDR International, sued King, alleging she had misspent a $10,258,500 investment meant for third-party borrowers. Instead, the lawsuit claims she settled into a comped VIP suite at the Wynn Las Vegas resort, forking over her days to slot machines for six months straight.
King's VIP suite was exclusive to patrons willing to gamble over $300K in a single day.
King was particularly fond of slot machines and fondly referred to herself as the 'slots whisperer', boasting of her supposed unbeatable strategy. However, it's important to note that there's no 'strategy' for traditional slot machines, certainly not an unbeatable one.
King's ex-husband, Kamran Pahlavi, a relative of the last Shah of Iran, had moved to Morocco, filed for divorce, and labelled King as "the female Madoff" upon learning about her alleged financial misdeeds.
FBI Involvement
King insists she's broke now. Yet, she allegedly asked LDR for more funds earlier this month to recover her losses, according to its lawsuit.
Despite her financial predicament, she's been seen gambling at Resorts World and several other Strip casinos, reports LAM.
LDR has forwarded its case to the FBI, and other alleged victims are said to be collaborating with federal agents. The California Bar is investigating her for misconduct, and her license to lend money has been revoked.
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