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Decide rejects house confinement for ‘slots whisperer’ lawyer who spent practically $9M in investor cash
Could 7, 2025, 3:30 pm CDT
California lawyer Sara Jacqueline King, who was accused of spending practically $9 million in investor cash, can be serving jail time after pleading responsible to wire fraud and cash laundering. (Picture from Shutterstock)
A California lawyer accused of spending practically $9 million in investor cash can be serving jail time after pleading responsible to wire fraud and cash laundering.
U.S. District Decide David O. Carter of the Central District of California sentenced Sara Jacqueline King of Newport Seashore, California, to 21 months in jail Monday, report Law360, the Orange County Register, the Every day Mail and On line casino.org. She can also be required to pay $8.7 million in restitution.
King admitted that she spent the cash on Las Vegas playing and a lavish way of life. A earlier civil lawsuit filed towards King by a lending firm cited its perception that King “moved into the Wynn Las Vegas resort and resort, lived there for six months, and gambled 24/7.”
King known as herself the “slots whisperer” and claimed that she had an unbeatable technique for high-stakes slots, based on On line casino.org. In actuality, the one technique in slots “is remembering to press a button,” the article says.
On a podcast, the Every day Mail reported, King asserted that she might “promote something—even fireplace to the satan.”
“I used to be on the lookout for a approach out of regulation,” she reportedly mentioned on the podcast. “Regulation was so depressing. I hate being a lawyer, it makes no cash in any way.”
King had advised traders that their cash can be used to make loans to rich individuals secured by belongings, equivalent to luxurious vehicles, yachts and main league sports activities contracts. In actuality, she didn’t make loans with the cash, her plea settlement mentioned.
King’s legal professional, public defender Samuel Cross, had sought a sentence of house confinement. He mentioned her habits was fueled by nervousness, ambition and drug habit, based on Law360.
“She has to rebuild from nothing on the age of 41, and to do this goes to be extremely troublesome for her,” Cross mentioned.
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