California attorney admits to swindling investors out of $8 million to fund lavish lifestyle

California attorney admits to swindling investors out of $8 million to fund lavish lifestyle

10 months ago
Anonymous $KxGqLmj_R3

https://www.siliconvalley.com/2023/06/14/newport-beach-attorney-admits-to-swindling-investors-out-of-8-million/

A Newport Beach attorney has agreed to plead guilty to scamming investors out of more than $8 million to fund a lavish lifestyle that included jewelry, cars, around-the-clock gambling and a six-month stay at a swanky Las Vegas resort, federal prosecutors said Tuesday, June 13.

Sara Jacqueline King, 39, who operates King Family Lending LLC and is a partner of the King Reuben law firm, is charged with one count each of wire fraud and money laundering. King is expected to make her initial appearance in U.S. District Court in Santa Ana on June 20.