It was later uncovered that King Resource had dramatically overcharged FOF for the properties that in sold to FOF. FOF’s bankruptcy trustee sued FOF’s independent auditor Arthur Andersen for failing to infrom FOF that in was being defrauded by King Resources. As a result, Arthur Andersen was ultimately found liable and forced to pay around $70 million in civil damages, while John King was charged and convicted for masterminding the fraud against FOF.