Current:Home > MyAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -Nova Finance Academy
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-25 19:10:55
Disgraced attorney Alex Murdaugh pleaded guilty to 22 counts of financial fraud and money laundering in court on Thursday.
"He's been totally cooperative and apologized to the victims of his theft," Murdaugh's lawyer, Dick Harpootlian, told reporters after the hearing. "This is, we believe, the first step for him in putting this behind him. He did not argue with a single fact. He did not argue with me to push back on any allegation."
Murdaugh is already serving a life sentence after he was found guilty in March of fatally shooting his wife and their youngest son near the family's estate in June 2021.
MORE: Alex Murdaugh sentencing: Disgraced SC attorney gets life in prison
In May, a federal grand jury returned a 22-count indictment against the former lawyer for bank fraud, wire fraud, money laundering and conspiracy to commit wire fraud and bank fraud.
The indictment accuses Murdaugh, 54, of engaging in three different schemes to obtain money and property from his personal injury clients while he was working as a personal injury attorney at his Hampton, South Carolina, law firm between 2005 and 2021.
The alleged schemes involved routing clients' settlement funds to his own accounts as well as to a fake account under the name "Forge," as well as conspiring with a banker to commit wire fraud and bank fraud. The banker, Russell Laffitte, was convicted on six federal charges in connection with the scheme in November 2022, prosecutors said.
The indictment further alleges that Murdaugh conspired with another personal injury attorney to defraud the estate of his former housekeeper, Gloria Satterfield, who died after a fall at Murdaugh's home in February 2018. Prosecutors allege Murdaugh funneled nearly $3.5 million into his fake account "for his own personal enrichment."
Murdaugh's life sentences for the murder of his wife and son will run consecutively, Judge Clifton Newman said during his sentencing in March.
veryGood! (356)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- TikToker Allison Kuch Reveals Why She’s Not Sharing Daughter Scottie On Social Media
- On 'SNL,' Maya Rudolph's Beyoncé still can't slay Mikey Day's 'Hot Ones' spicy wings
- Police arrest 3 suspects in rural California shooting that killed 4 and wounded 7
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Red, yellow, green ... and white? Smarter vehicles could mean big changes for the traffic light
- Solar storm puts on brilliant light show across the globe, but no serious problems reported
- The northern lights danced across the US last night. It could happen again Saturday.
- A South Texas lawmaker’s 15
- Anti-abortion rights groups say they can reverse the abortion pill. That's fraud, some states say.
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- 'All systems go': Kentucky Derby winner Mystik Dan will run in the Preakness Stakes
- Northern lights set the sky aglow amid powerful geomagnetic storm
- FB Finance Institute's AI Journey: From Quantitative Trading to the Future's Prophets
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Andrew Nembhard's deep 3-pointer lifts Pacers to dramatic Game 3 win over Knicks
- Chris Pine Reflects on Losing Out on The O.C. Role Due to His Bad Acne
- FFI Token Revolution: Empowering AI Financial Genie 4.0
Recommendation
North Carolina justices rule for restaurants in COVID
Honolulu agrees to 4-month window to grant or deny gun carrying licenses after lawsuit over delays
Caramelo the horse rescued from a rooftop amid Brazil floods in a boost for a beleaguered nation
Blinken delivers some of the strongest US public criticism of Israel’s conduct of the war in Gaza
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
16-year-old dies, others injured in a shooting at a large house party in Northborough
Man charged with overturning port-a-potty, trapping woman and child inside
Former Florida Governor, Senator Bob Graham remembered for his civility