Current:Home > ContactAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -TradeWisdom
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-18 01:02:51
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! (7763)
Related
- 'Most Whopper
- What cognitive tests can show — and what they can’t
- The Best Deals From Target's Circle Week Sale -- Save Big on Dyson, Apple, Ninja & More
- Man dies after getting electrocuted at Indiana 4-H fair
- Current, future North Carolina governor’s challenge of power
- US women's gymnastics teams will sparkle at Paris Olympics
- BBC Journalist’s Wife and 2 Daughters Shot Dead in Crossbow Attack
- Grandmother who received first-ever combined heart pump and pig kidney transplant dies at 54
- The Grammy nominee you need to hear: Esperanza Spalding
- California fast food workers now earn $20 per hour. Franchisees are responding by cutting hours.
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Florence Pugh and Andrew Garfield Prepare to Break Hearts in Gut-Wrenching We Live in Time Trailer
- Mega Millions winning numbers for July 9 drawing: Jackpot climbs to $181 million
- Brett Favre asks appeals court to to re-ignite lawsuit against Shannon Sharpe
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Sen. Bob Menendez’s lawyer tells jury that prosecutors’ bribery case ‘dies here today’
- Walmart's Largest Deals Event of 2024 is Here: Save Up to 80% Off Apple, Shark, Keurig, LEGO & More
- Kevin Costner’s second ‘Horizon’ film pulled from theatrical release
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
More Indigenous youth are learning to spearfish, a connection to ancestors and the land
NYPD officer dies following medical episode at Bronx training facility
Southern Charm's Madison LeCroy's Travel Hacks Include Hairspray She's Used for 15 Years & $5 Essentials
Skins Game to make return to Thanksgiving week with a modern look
McDonald's brings back Smoky BLT Quarter Pounder with Cheese: See when you can get it
California fast food workers now earn $20 per hour. Franchisees are responding by cutting hours.
Sam's Club Plus members will soon have to spend at least $50 for free shipping