Current:Home > ContactAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -AssetTrainer
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-24 15:18:09
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! (836)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Ukrainian diplomats negotiate both climate change and Russia’s war on their nation at COP28 in Dubai
- Mexican woman killed in shark attack on Pacific coast near the port of Manzanillo
- Final goodbye: Recalling influential people who died in 2023
- Louvre will undergo expansion and restoration project, Macron says
- U.N. climate talks head says no science backs ending fossil fuels. That's incorrect
- Former US ambassador arrested in Florida, accused of serving as an agent of Cuba, AP source says
- Israel expands Gaza ground offensive, says efforts in south will carry no less strength than in north
- A South Texas lawmaker’s 15
- Horoscopes Today, December 2, 2023
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Liz Cheney on why she believes Trump's reelection would mean the end of our republic
- 'Madman' fatally stabs 4 family members, injures 2 officers in Queens, New York
- 50 Fascinating Facts About Jay-Z: From Marcy to Madison Square
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Jim Leyland, who guided Marlins to first World Series title, elected to Hall of Fame
- DeSantis reaches Iowa campaign milestone as Trump turns his focus to Biden
- How to strengthen your immune system for better health, fewer sick days this winter
Recommendation
Average rate on 30
Economists predict US inflation will keep cooling and the economy can avoid a recession
'Colin From Accounts' deserves a raise
We all know physical fitness is crucial. But how many days weekly should you work out?
Pressure on a veteran and senator shows what’s next for those who oppose Trump
'Colin From Accounts' deserves a raise
Chris Christie may not appear on Republican primary ballot in Maine
Why some investors avoid these 2 stocks