LA attorney who ‘swindled $10.2million’ from firm is pictured with Kevin McCarthy and Mike Pence
A LA attorney accused of swindling $10.2million from a capital management firm attended a Republican fundraiser in 2017 with then-VP Mike Pence and Speaker Kevin McCarthy.
Sara Jacqueline King, 39, allegedly blew through the money at the Wynn Hotel in Las Vegas and used the money to fund her own ‘extravagant lifestyle.’
Pictures obtained by DailyMail.com show the glamourous lawyer posing with high-profile politicians Pence and McCarthy at a luxury lunch event in Newport Beach, California, where she is based.
King can be seen smiling next to the pair at the event in Pelican Hill, with tickets starting at $2,700 each and was to raise money for endangered Republican congressional candidates.
She reportedly told her husband at the time that she had dreams of running for Congress and would have listened to Pence’s speech during the glitzy private affair.
Pictures obtained by DailyMail.com show the glamourous lawyer posing with high-profile politicians Pence and McCarthy at a luxury lunch event in Newport Beach, California, in 2017
King spent the money she stole at Dior, Chanel and Rolex – as well as bragging that she was going to buy a luxury boat
There is no indication that McCarthy and Pence were aware that King was a suspected fraudster, and DailyMail.com have reached out to their representatives for comment.
King is being sued by LDR International for the total amount – but claims that she only has $11.98 to her name after splashing the cash at the $300-a-night hotel.
Lawyer for the company Ronald Richards told DailyMail.com that they plan to file criminal charges against King in the next few days.
Richards said: ‘We have updated our complaint and filed a California Bar and DC Bar complaint against her too.
‘We have served her company and her personally, so she has another 16 days to respond to the complaint and we hope that the case will be referred to a regulatory agency to law enforcement.
‘However, we plan on doing it ourselves in a few days’ time in Orange County. Her licence to practice law was also revoked in April 2022 because she didn’t file her annual reports.
‘It is likely that she didn’t want to file because the loans were not legitimate.
‘Numerous victims have started coming forward, and the spotlight against her continues to shine.’
The attorney also confirmed that he believes the sum that King defrauded her victims of is at a minimum of $11million – with five more coming forwards.
King has been pictured in the last week continuing to gamble in Las Vegas despite the lawsuit being served to her
She would share pictures of wads of cash on her social media, and send them to her prospective victims in a bid to earn their trust
Lawyer for the company Ronald Richards told DailyMail.com that they plan to file criminal charges against King in the next few days
He is urging anyone else who was swindled by King to get in touch with him at his office in Washington DC and will alert the authorities on their behalf, so they do not have to shell out for legal aid.
Richards added: ‘She weaponized her law license to defraud everyone. She is also contacting us on her own email and phone and pretending to be someone else – she seems to be suffering from some sort of breakdown.
‘Her conduct is concerning because she had two separate licenses to basically get people to trust her and so the reason why this is so disturbing is that she manipulated people with both licenses – financial and legal.
‘It’s a rare situation where you have a lawyer that seems to be politically connected, like the pictures of her with Pence and McCarthy, and to have links with these celebrities.’
He also described her husband as ‘charismatic’ with a source telling DailyMail.com that King described her second husband Kamran Pahlavi as a ‘Persian Prince’.
It is understood that he was assisting Richards with their investigation into King, but has since fled to Morocco after discovering her alleged scam.
The attorney also confirmed that he believes the sum that King defrauded her victims of is at a minimum of $11million – with five more coming forward
A lawsuit filed at the California Central District court accused her of breaching her contract, fraud and civil theft – and includes several pictures of her with NFL stars such as Aaron Rodger, Tom Brady and Patrick Mahomes
Her ex-husband Kamran Pahlavi branded her as ‘sick’ and is the grandson of Iran’s Princess Ashraf, the late twin sister of the country’s last shah
Pahlavi, the grandson of Iran’s Princess Ashraf, said that he was left heartbroken after discovering her deceit.
He filed for divorce from King in late December, citing irreconcilable differences, with the couple separating after just nine months together, according to court records.
King spent the money she stole at Dior, Chanel and Rolex – as well as bragging that she was going to buy a luxury boat.
A lawsuit filed at the California Central District court accused King of breaching her contract, fraud and civil theft and included several pictures of her with NFL stars such as Aaron Rodger, Tom Brady and Patrick Mahomes.
Former friends of the lawyer have also come forward to say that she swindled them out of thousands after convincing them she had high-profile connections.
British Virgin Island firm LDR claims that they extended a series of loans to King from January to October 2022 as part of a business investment.
She promised to use the funds for loans to third-party borrowers and was handed a total of $10.2million.
Friend Yumi Sturdivant said that she handed King $10,000 after they reconnected and was conned by her
The facade of the Wynn is seen on the Las Vegas strip. Lawyers say it was there that the LA lawyer took up residency for several months while carrying out the alleged fraud
Sara Jacqueline King allegedly blew $10.2million she received from an investor at the Wynn in Las Vegas to fund her own ‘extravagant lifestyle.’
King claimed that the loans were secured by collateral, including luxury cars, yachts, designer handbags, jewelry, watches and earnings from professional sports contracts.
The suit shows photos of the lawyer with several NFL stars, which it claims was used to help boost her profile.
It is alleged that she ‘engaged in a massive fraud’ and there were ‘no third-party loans from King Lending to any third party borrowers.’
In April, King’s first husband filed a lawsuit against her, claiming that she forged his signature and other documents in order to secure a $250,000 loan on their Newport Beach home.
A notice of default was then recorded against the $3million property ‘as a result of the fraudulent loan remaining unpaid.’
King is also accused of sending ‘racist’ text messages to her former partner about his new partner saying: ‘If the whore is in my house Shw [sic] better hide. She’s next on my list.’
She is also being sued by George Poulos, who filed a complaint against King and her company in Orange County, claiming he invested $125,000 and was never repaid and received ‘strange and threatening messages’.
Sara King, 39, is being sued by British Virgin Islands-based lender LDR International for the full amount, allegedly spent during a six-month gambling binge at the Las Vegas hotel
Lawyers for the lending company – which used to employ the LA lawyer as an agent – say that King recently told them she has no money. A photo included in the suit shows King’s allegedly emptied bank accounts
King claimed that the loans were secured by collateral, including luxury cars, yachts, designer handbags, jewelry, watches and earnings from professional sports contracts
In September, a financial company that leases luxury cars sued King and her law firm after claiming that the attorney owed them $300,000 in relation to her lease of a Rolls-Royce Dawn 2019.
The California Highway Patrol impounded the vehicle in 2021 when King was just 19 months into a 48-month lease.
King also added an odometer tampering device which violates state and federal law – reducing the vehicle’s value.
A spokesperson for the Wynn said: ‘King is no longer permitted on-property at Wynn Las Vegas.’
The lawsuit claims that King presented them ‘with fraudulent, falsified, and altered King Lending bank statements’ and that ‘she altered the bank statements to show deposits/payments by third-party borrowers that were in fact never made.’
It also claims that she sent photos to LDR and their agent Laurent R in order to gain their ‘trust and confidence.’
She sent them a picture of herself with the NFL players at a Capital One golf tournament at the Wynn Golf club in 2022.
She also said that she had borrowers who were in the NHL, NBA and MLB as well as a friend who was a ‘hair extension person’ for the Kardashians.
The lawsuit claims King also ‘falsely represented’ that King Lending received $6.3 million in loan repayments from borrowers and ‘redeployed’ the fund to cover more loans.
It claims that as of February 9 King was still asking for more money so she could ‘try and make back the money she has stolen’.
Source: | This article originally belongs to Dailymail.co.uk
https://www.soundhealthandlastingwealth.com/celebrity/la-attorney-who-swindled-10-2million-from-firm-is-pictured-with-kevin-mccarthy-and-mike-pence/ LA attorney who ‘swindled $10.2million’ from firm is pictured with Kevin McCarthy and Mike Pence