Current:Home > ScamsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -ProfitLogic
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-12 16:32:13
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! (21)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- South Africa intercepts buses carrying more than 400 unaccompanied children from Zimbabwe
- Spotify to cut 17% of staff in the latest round of tech layoffs
- 'Colin From Accounts' deserves a raise
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Tiffani Thiessen's Cookbook & Gift Picks Will Level Up Your Holiday (And Your Leftovers)
- Spanish judge opens an investigation into intelligence agents who allegedly passed secrets to the US
- Authorities say heavy rains and landslides in Tanzania kill at least 47 and hurt or strand many more
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Horoscopes Today, December 2, 2023
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- Historian Evan Thomas on Justice Sandra Day O'Connor
- In some Czech villages, St Nicholas leads a parade with the devil and grim reaper in tow
- Tiffani Thiessen's Cookbook & Gift Picks Will Level Up Your Holiday (And Your Leftovers)
- Meta releases AI model to enhance Metaverse experience
- South Africa intercepts buses carrying more than 400 unaccompanied children from Zimbabwe
- 4 arrested in honor killing of 18-year-old Pakistani woman after doctored photo with her boyfriend goes viral
- In some Czech villages, St Nicholas leads a parade with the devil and grim reaper in tow
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Why this College Football Playoff shapes up as the most unpredictable ever
Leading candy manufacturer Mars Inc. accused of using child labor in CBS investigation
Deputy on traffic stop in Maine escapes injury when cruiser hit by drunken driver
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Why this College Football Playoff shapes up as the most unpredictable ever
Ukrainian diplomats negotiate both climate change and Russia’s war on their nation at COP28 in Dubai
New data shows dog respiratory illness up in Canada, Nevada. Experts say treat it like a human cold