‘Slots Whisperer’ Sara King Blames Royal Husband for $10M Scam

Sara King, the LA lawyer accused of living large in Las Vegas with $10 million of her clients’ cash, now claims she was put up to it by her soon-to-be ex-husband, a great-nephew of the last Shah of Iran.

Sara King, Kamran Pahlavi, Wynn Las Vegas
Sara King, left, is accused of siphoning millions of dollars of investors’ money into slots at the Wynn Las Vegas. She claims it’s all her husband’s fault, Kamran Pahlavi, right. (Image: US District Court/LinkedIn)

Meanwhile, her husband, Kamran Pahlavi, has described her to The Daily Beast as the “female Madoff.” He says he moved to Morocco to escape her and has filed for divorce.

Pahlavi is the grandson of Iran’s Princess Ashraf, the Shah’s twin sister.

King was sued last month by LDR International, an investor in her business, King Family Lending LLC (KFL). In the lawsuit, lawyers for LDR claimed King had blown the firm’s $10.2 million investment by moving “into the Wynn Las Vegas resort and hotel, liv[ing] there for six months, and gambl[ing] 24/7.”

Investment Plowed into Slots

KFL was essentially a high-end digital pawn shop. Customers could receive quick cash for collateral like jewelry, luxury cars, and other high-ticket items at a higher rate than they would get for regular loans.

LDR’s investment was ostensibly to be used to fund third-party loans, according to the lawsuit. The complaint alleges King mainly spent the money playing high-stakes slot machines. This got her a comped VIP suite at the Wynn of the kind only offered to customers who gamble more than $300K in one day.

LDR has referred its case to the FBI. Meanwhile, King is currently under investigation by the California Bar for misconduct, and her business license to lend money has been revoked.

In court papers filed Tuesday, King claims Pahlavi “forced” her to gamble so they could repay LDR.

Pahlavi initially introduced King to his friend Laurent Reiss, the Swiss banker who heads LDR. Pahlavi wanted to save face when an unnamed person stole the couple’s collateral, according to King’s court filing.

“Vahid was well aware that King could win at slot machines and persuaded King to try and win the money lost in the defaulted deals,” the complaint says. “King was in love with Vahid and was worried he would leave her if she did not cooperate. King cooperated with Vahid and began playing slot machines.”

‘Unbeatable Slots Strategy’

Pahlavi has said King called herself “the slots whisperer” and claimed to have an “unbeatable strategy.” This, is despite no way to gain a strategic advantage in traditional slots. In fact, the games are designed by law to give everybody exactly the same chance of winning.

How can someone force someone else to gamble?” Pahlavi asked The Daily Beast when confronted with King’s allegations. “She was an addict. You couldn’t get her off these machines. What kind of a person would push his wife to gamble with his best friend’s money? How does that make any sense?”

Pahlavi told The Daily Beast he had no reason to believe anything was wrong with KLF’s accounts. That’s until he and Reiss spotted typos in bank statements and documents she shared.

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation.

Philip was the original features editor for poker’s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites.

His news stories for Casino.org/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others.

Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John’s piano on two separate occasions on both sides of the Atlantic.

He became a writer because he is a lousy pianist.

Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC.

Contact Philip at philip.conneller@casino.org.

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