Suspended Newport Beach Attorney Gets 21 Months Behind Bars in Fraud Case

Suspended Newport Beach Attorney Gets 21 Months Behind Bars in Fraud Case

A suspended Newport Beach attorney was sentenced Monday to 21 months in federal prison for stealing $8.7 million in a loan fraud scheme that sustained a lavish lifestyle and gambling habit. Sara Jacqueline King, 40, pleaded guilty July 24, 2023, to wire fraud and money laundering. U.S. District Judge David O. Carter ordered King to pay $8,785,045 in restitution. King’s attorney, Sam Cross, argued for a sentence of six months behind bars if Carte…

Newport Beach attorney sentenced to more than a year in prison for scamming investors

Sara King used her investors' money on high-end jewelry, luxury cars, a six-month stay at an opulent Las Vegas resort.

California attorney sentenced to prison for scamming investors out of $8.7 million to finance lavish lifestyle

A Newport Beach attorney who admitted that she swindled investors out of $8.7 million in order to bankroll her lavish lifestyle and high-rolling gambling habit was sentenced Monday, May 5 to one year and nine months in federal prison. A luxuriant lifestyle of high-end jewelry, luxury cars, a six-month stay at a opulent Las Vegas resort and millions of dollars in gambling losses — all financed on the back of unsuspecting well-heeled investors — e…