Sarah King

speaker
126 appearances 6 recordings 1 series first heard Nov 2024 last heard Dec 2024

Sarah King’s voice in public audio — every appearance, attributed to the second.

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So they gave me the little assets, and I literally gave them the cash for half the value and charged them 30%. So why would people okay with paying 30%?
I will say that people do it because they're struggling for cash. Like, I don't do a credit check. If you give me assets to hold that are worth the money, I will give you the cash without a question. And that's a huge deal. That's what made my whole business, you know, work to begin with.
John McCabe was like, oh, I have a lot of guys who want to do loans. And I started doing some just shady ass loans.
He would tell me that these people owe him money. They're just going to use my account because he doesn't want to use cash because of his business. I said, remember, I'm a fixer, right? So I said, no problem. So he uses the account. I gave him, I cashed out the money for him and I never see it again. And I'm on the hook for owing people money.
I had like a hundred bucks left to my name, right? So I'd go to the store, I'd buy, I'd put a hundred dollars on the scratchers.
I take the scratchers to my office and I'm like in tears, but I'm scratching and I'm winning, winning, winning. And I get the call that we've sold the buildings and it was just amazing.
When I finally found buyers for the building, he said, oh, those are my people. So I felt loyal to him. I was in such a stage of failure, I want to say, from the buildings. At the time, my income was just terrible that I believed him. I felt like he was there for me the whole time.
We started needing all these big-time investments, right? So that's when I started funding a lot of things. He buttered me up. He would come every day to my house and be my best friend. But John McCabe was unfindable.
The first five or six loans, there absolutely was, and everything was totally cool and fine. And it just turned out that they never got paid back, so I had to try and fix that money.
Yeah, no, absolutely. I absolutely did do loans. So yeah.
I started to panic. And actually, when I finally told, you know, I told Cameron, I'm like, this is what's going on. Like, I don't know how to handle it. And that's when he said, okay, you're good at these thoughts, win back. Because he's seen me win tons of money on them. So I said, okay.
you kind of go down this rabbit hole. You know, I told you, my dad's quote to me is, winning isn't everything, it's the only thing. And so you get competitive against a stupid machine, and you should know better than to gamble against the house. Like, it doesn't ever pay off, ever.
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Newport Beach attorney Sarah King is now accused of living the high life and spending and gambling away more than $10 million of other people's money.
And they go, are you Sarah King? And I said, Excuse me, Sarah King. I always say Sarah.
No, I mean, it's not really a nuance.
I have tons and tons of conversations with people who had threatened my life and said, I'll kill you. I'll kill your family. Even after this whole thing went down, I would get weird, weird things sent to my address, my home address, like Batman stuffed animals and all sorts of weird stuff. So I know they're out there. I know they can watch me. These guys have been in prison for 20 years.
They're mafia. They're real mafia.
So, yeah, they were false loans. Absolutely. That's true. I did false loans. I used the money to try and win back other money. Absolutely.
I was literally up to my chin in bubbles. I was unwinding from a day of playing. It was like an infinity pool that would just pour over, and you don't know where it's going, but it's beautiful.
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