Sara is introduced to a man who promises to help her sell the marijuana buildings that otherwise will cost her parents their home. One of Sara’s victims reveals how he got pulled in, why he loaned her money, and the moment he realized Sara was in way over her head. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Chapter 1: Who is Delia D'Ambra and what does she do?
Hi everyone, I'm investigative journalist and park enthusiast Delia D'Ambra, and every week on my podcast, Park Predators, I take you into the heart of our world's most stunning locations to uncover what sinister crimes have unfolded in these serene settings.
From unsolved murders to chilling disappearances, each Tuesday we dive deep into the details of cases that will leave you knowing sometimes the most beautiful places hide the darkest secrets. Listen to Park Predators now wherever you listen to podcasts.
The Binge. Feed your true crime obsession. Remember what I said at the beginning of this story? Sarah King seemed to be speeding towards a collision. She's bobbing and weaving, in and out of traffic, searching for daylight. Well, at this point, the marijuana empire was stalled. But Sarah's mortgage on those two industrial buildings wasn't going anywhere.
I was losing big money and I had to sell them as fast as I could. So it was a nightmare. That's really when this nightmare number two happened and I met an even bigger crook in the whole world.
It feels like we need one of those walls with photos, pins, and string on it. You know, the ones in a detective TV show. A murder board. Except instead of a map of bodies and bloody crime scenes, we're going to track money. How it moves from a contract on a yacht to cash in a Chanel pocketbook to another contract in a glove box in a Ferrari.
It seemed like loans were happening so fast and loose it was hard to keep track of who owed what to whom. It was like trying to play a shell game in the bottom of the ocean. And on the bottom of the ocean, there are, what else? A lot of hungry bottom feeders.
The LA Beverly Hills loan shark guy, like big time. He isolates you from everyone that you know and just depend on him. He kind of got me on board to do whatever he wanted. And as soon as I ran out of money, he's gone. He's kind of a scary guy. He's not, he's no joke.
Sarah was living the dream she told me that she had wanted. Being the boss lady in charge, lady mafia. But it also looked to me like that territory came with a lot of riffraff. Pretenders, felons, and hucksters. Now that she was a hard money lender, desperate people would come to her for help. She'd negotiate hard. They'd have to kiss the fucking ring. She'd be a kingmaker. She'd be rich.
But was she ready for it? From Sony Music Entertainment, this is Lady Mafia. It's a story about going from lawyer to lawless, living high and blowing millions. I'm Michelle McPhee. This is episode four, Cut Up Into Little Pieces.
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Chapter 2: What challenges does Sarah face with her marijuana buildings?
And when the buildings were not selling, John McCabe said, I have this idea in Hawaii. Let's partner your buildings with my project and we'll go and sell it. So we started doing that.
Like Brian Quinn before him, John is good at making connections with the guys Sarah's trying to get in with.
He's very good at meeting people. He met all sorts of people in Orange County. And he went from, oh, you don't want to invest in cannabis? Well, we have a lending company. Well, we, you know, it's, where do you want to put it?
In short order, Sara said John's acting like King Family Lending is his too, trying to woo potential investors.
We need your money kind of thing. So that's kind of how I started was just talking to people, just letting them know what I did. But as a female, it sounds ridiculous, but it's really, really hard.
And you know, it works having a man there to sell them on it.
So he started getting people to invest that he said it was his company.
Maybe John is overstepping, but he also seems to be helping Sarah reel people in. There are two sides to a hard money lending business. Getting investors to give Sarah money so that they can make money. And the other side, giving out loans to men and women who needed money quick and don't want Citibank to ask a ton of questions.
Sarah told me there was a special type who could and would pay 30% interest on a loan.
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