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Complete Story
02/20/2023
Orange County woman’s 6-month gambling spree at Wynn Las Vegas funded by $10M fraud scheme, lawsuit alleges
KTLA 5
An Orange County woman is facing claims that she funded a six-month gambling spree at the Wynn Las Vegas last year using a $10 million fraud scheme.
Sara Jacqueline King secured nearly $10.3 million in loans through her California lending company from LDR International Limited of the British Virgin Islands, according to the lawsuit, filed Feb. 11 in the U.S. District Court in California.
However, LDR International alleges that 97 loans to third-party borrowers were simply made up, and now, that money is gone, with King providing evidence that “she only has $11.98 to her name,” the lawsuit says.
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