Overview

• Sara Jacqueline King pleaded guilty to wire fraud and money laundering and was sentenced to 21 months in federal prison on May 5, 2025.
• King used her business, King Family Lending LLC, to solicit nearly $9 million from investors under false pretenses between January 2022 and January 2023.
• Instead of funding loans, King spent the money on gambling at the Wynn Las Vegas resort, where she lived for six months, and on personal luxuries like a Porsche Taycan.
• She was ordered to pay $8,785,045 in restitution and will serve three years of supervised release after her prison term, which begins on July 14, 2025.
• A separate civil lawsuit by LDR International Limited alleges King misused an additional $10.2 million in loans, which remains unresolved.