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唐朱昌
唐朱昌
教授,博士生导师。复旦大学中国反洗钱研究中心首任主任,复旦大学俄...
严立新
严立新
复旦大学国际金融学院教授,中国反洗钱研究中心执行主任,陆家嘴金...
陈浩然
陈浩然
复旦大学法学院教授、博士生导师;复旦大学国际刑法研究中心主任。...
何 萍
何 萍
华东政法大学刑法学教授,复旦大学中国反洗钱研究中心特聘研究员,荷...
李小杰
李小杰
安永金融服务风险管理、咨询总监,曾任蚂蚁金服反洗钱总监,复旦大学...
周锦贤
周锦贤
周锦贤先生,香港人,广州暨南大学法律学士,复旦大学中国反洗钱研究中...
童文俊
童文俊
高级经济师,复旦大学金融学博士,复旦大学经济学博士后。现供职于中...
汤 俊
汤 俊
武汉中南财经政法大学信息安全学院教授。长期专注于反洗钱/反恐...
李 刚
李 刚
生辰:1977.7.26 籍贯:辽宁抚顺 民族:汉 党派:九三学社 职称:教授 研究...
祝亚雄
祝亚雄
祝亚雄,1974年生,浙江衢州人。浙江师范大学经济与管理学院副教授,博...
顾卿华
顾卿华
复旦大学中国反洗钱研究中心特聘研究员;现任安永管理咨询服务合伙...
张平
张平
工作履历:曾在国家审计署从事审计工作,是国家第一批政府审计师;曾在...
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上传时间: 2025-05-08      浏览次数:60次
Judge rejects home confinement for ‘slots whisperer’ lawyer who spnt nearly $9M in inveestor money

 

https://www.abajournal.com/news/article/judge-rejects-home-confinement-for-slots-whisperer-lawyer-who-spent-nearly-9-million-in-investor-money

 

A California lawyer accused of spending nearly $9 million in investor money will be serving prison time after pleading guilty to wire fraud and money laundering.

 

U.S. District Judge David O. Carter of the Central District of California sentenced Sara Jacqueline King of Newport Beach, California, to 21 months in prison Monday, report Law360, the Orange County Register, the Daily Mail and Casino.org. She is also required to pay $8.7 million in restitution.

 

King admitted that she spent the money on Las Vegas gambling and a lavish lifestyle. A previous civil lawsuit filed against King by a lending company cited its belief that King “moved into the Wynn Las Vegas resort and hotel, lived there for six months, and gambled 24/7.”

 

King called herself the “slots whisperer” and claimed that she had an unbeatable strategy for high-stakes slots, according to Casino.org. In reality, the only strategy in slots “is remembering to press a button,” the article says.

 

On a podcast, the Daily Mail reported, King asserted that she could “sell anything—even fire to the devil.”

 

I was looking for a way out of law,” she reportedly said on the podcast. “Law was so miserable. I hate being a lawyer, it makes no money whatsoever.”

 

King had told investors that their money would be used to make loans to wealthy people secured by assets, such as luxury cars, yachts and major league sports contracts. In reality, she did not make loans with the money, her plea agreement said.

 

King’s attorney, public defender Samuel Cross, had sought a sentence of home confinement. He said her behavior was fueled by anxiety, ambition and drug addiction, according to Law360.

 

She has to rebuild from nothing at the age of 41, and to do that is going to be incredibly difficult for her,” Cross said.