Current:Home > MarketsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -EliteFunds
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-16 12:58:10
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! (23)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Love Is Blind's Jessica Vestal, Micah Lussier and Izzy Zapata Join Perfect Match Season 2
- Supreme Court Justices Barrett and Sotomayor, ideological opposites, unite to promote civility
- Kali Uchis Gives Birth, Welcomes First Baby With Don Toliver
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- What is a 'flat white'? Today's Google Doodle celebrates the coffee beverage
- Massachusetts Senate passes bill to make child care more affordable
- College swimmers, volleyball players sue NCAA over transgender policies
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- New Mexico expands support to more youths as they age out of foster care
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 'Apples Never Fall': Latest adaptation of Liane Moriarty book can't match 'Big Little Lies'
- 'Keep watching': Four-time Pro Bowl RB Derrick Henry pushes back on doubters after Ravens deal
- Iowa Republican shelves bill to criminalize death of an “unborn person” because of IVF concerns
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Steven Mnuchin wants to buy TikTok: Former Treasury Secretary says he's gathering investors
- Supreme Court Justices Barrett and Sotomayor, ideological opposites, unite to promote civility
- 3 Missouri men charged with federal firearms counts after Super Bowl victory parade shooting
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Watch video of tornado in Northeast Kansas as severe storms swept through region Wednesday
These Top-Rated Teeth Whitening Products Will Make You Smile Nonstop
Landslide damages multiple homes in posh LA neighborhood, 1 home collapses: See photos
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Cashews sold by Walmart in 30 states and online recalled due to allergens
Achsah Nesmith, who wrote speeches for President Jimmy Carter, has died at age 84
Amazon to offer special deals on seasonal products with first ever Big Spring Sale