Current:Home > InvestAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -ProgressCapital
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-12 23:58:01
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! (48)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- The Goldbergs Is Ending After a Decade of '80s Nostalgia
- At a 'Gente Funny' show, only bilingual audience members are in on the joke
- Isle of Paradise, Peter Thomas Roth, MAC Cosmetics, It Cosmetics, and More Beauty Deals From Top Brands
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Peruvian man found with centuries-old mummy in his cooler bag. He called the corpse Juanita, my spiritual girlfriend.
- Mary Trump, E. Jean Carroll and Jennifer Taub launch romance novel on Substack
- 3 new books in translation blend liberation with darkness
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- Half of world on track to be overweight or obese by 2035, report says
Ranking
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- 5 new mysteries and thrillers for the start of summer
- Jamie Lee Curtis Has a Message to Those Who Think She's Just a Nepo Baby at 2023 SAG Awards
- Emily King's heartbreak on 'Special Occasion'
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- 'The Dos and Donuts of Love' is a delectably delightful, reality TV tale
- 'SNL' just wrapped its 48th season: It's time to cruelly rank its musical guests
- Princess Diana Appears with Baby Prince William and King Charles in Never-Before-Seen Photos
Recommendation
Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
Two convicted of helping pirates who kidnapped German-American journalist and held him 2-1/2 years
Five great moments from the 'Ted Lasso' finale
The Stanley Cup Final is here. Here's why hockey fans are the real MVPs
Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
Brian Austin Green Calls Out Ex Vanessa Marcil for Claiming She Raised Their Son Kassius Alone
5 new 'Black Mirror' episodes have dropped — and there's not a dud in the bunch
The new Spider-Man film shows that representation is a winning strategy