Lady Mafia | 6. The Moment of Impact
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What led to Sarah's downfall?
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. The Binge. A heads up before we get started, I just wanted to let you know this episode has references to suicide and addiction. I never know what I'm going to get when I talk with Sarah. Sometimes she'll be in the middle of telling me a story when she flubs the pronunciation of her own name.
And they go, are you Sarah King? And I said, Excuse me, Sarah King. I always say Sarah.
Okay, hold on a minute. I have struggled for months to make sure I say Sarah. You just called yourself Sarah. Holy hell. This just feels like an alternative universe where there's two Sarah Kings.
There's Sarah and there's Sarah. And which one I'm going to get, I never know. Other times, she'll suddenly admit to something she's been denying for months. So you've never been threatened? No.
Well, Ronald Richards also said that you told him in Zoom calls that people had threatened your life and that you were afraid. Two different things. Not people I owed money to. People who owed me money. You know, this is one of those nuances that drives me crazy. Just tell me the story.
No, I mean, it's not really a nuance.
I asked you specifically, did someone threaten you? You just said no. And now you're saying yes. So which is it?
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.
She told me that she wasn't talking about McCabe or Quinn here. This is some new guy. And occasionally, she'll just play stupid. Do you think now in hindsight that once you started gambling, this became, you know, whether it was intentional or not, this did become a Ponzi scheme? What's the definition of Ponzi scheme? I'm telling you, there are times that I lost my shit. Anyone who lived through Bernie Madoff's whole unmasking knows that a Ponzi scheme is when someone uses a new investor to pay off old ones. By our last interview, you can hear it in my voice. I was tired of the runaround. I'm almost at the end of the story when I'll sit down with all the facts I've laid out for you and try to figure out what this all means.
When Sarah hooked her biggest investor, Laurent Reese, it was the beginning of the end. Laurent had invested more than $10 million in King Family Lending. Money that Sarah herself has finally admitted she wasn't actually lending to anyone.
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.
While Sarah might have pissed off some people in the O.C., Laurent was the one that would take Sarah down. He called in an attack dog, that Beverly Hills lawyer, Ronald Richards.
So I told her, like, you don't understand, like, once I'm on somebody, I become obsessed with them. I only have the most love for you, Sarah, and that is to prevent you from stealing from anybody else. If you can't gamble, there'll be no more victims. You know, it's like the gambling creates your thievery.
Ronald called the Wynn Hotel and Casino. He told them that their will was bleeding stolen cash all over the casino floor.
Within seconds of me telling the Wynn's general counsel, she's a fraudster. They cut her off, 86ed her.
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