Current:Home > MarketsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering-VaTradeCoin
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View Date:2025-01-08 16:43:48
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! (56267)
Related
- Social media star squirrel euthanized after being taken from home tests negative for rabies
- Stephen Amell was focused on 'NCIS' spinoff when he landed 'Suits' gig
- Trump warns he’ll expel migrants under key Biden immigration programs
- Billie Jean King nets another legacy honor: the Congressional Gold Medal
- Military veteran gets time served for making ricin out of ‘curiosity’
- Selling Sunset's Bre Tiesi Reveals Where She and Chelsea Lazkani Stand After Feud
- Real Housewives of Beverly Hills Alum Kim Richards Gets Into Confrontation With Sister Kyle Richards
- Salvador Perez's inspiring Royals career gets MLB postseason return: 'Kids want to be like him'
- Smithfield agrees to pay $2 million to resolve child labor allegations at Minnesota meat plant
- Recent major hurricanes have left hundreds dead and caused billions in damages
Ranking
- Why Jersey Shore's Jenni JWoww Farley May Not Marry Her Fiancé Zack Clayton
- A man trying to cremate his dog sparked a wildfire in Colorado, authorities say
- After 20 years and a move to Berlin, Xiu Xiu is still making music for outsiders
- Sean Diddy Combs Accused of Rape and Impregnating a Woman in New Lawsuit
- Prayers and cheeseburgers? Chiefs have unlikely fuel for inexplicable run
- The Chilling True Story Behind Into the Fire: Murder, Buried Secrets and a Mother's Hunch
- Michael Kors’ Secret Sale on Sale Is Here—Score an Extra 20% off Designer Handbags & More Luxury Finds
- Residents of a small Mississippi town respond to a scathing Justice Department report on policing
Recommendation
-
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
-
Recent major hurricanes have left hundreds dead and caused billions in damages
-
Colorado vs. UCF live updates: Buffaloes-Knights score, highlights, analysis and more
-
Federal judge dismisses a challenge to Tennessee’s school bathroom law
-
John Robinson, successful football coach at USC and with the LA Rams, has died at 89
-
Gwen Stefani and Blake Shelton Introduce Adorable New Family Member With Touching Story
-
Cowboys find much-needed 'joy' in win over Giants after gut check of two losses
-
Nicole Evers-Everette, granddaughter of civil rights leaders, found after being reported missing