Current:Home > MarketsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -Streamline Finance
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-13 21:40:15
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! (8)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- South African athlete Oscar Pistorius has been released from prison on parole, authorities say
- Blinken heads to the Mideast again as fears of regional conflict surge
- Georgia deputy fatally struck by Alabama police car in high-speed chase across state lines
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- With 'American Fiction,' Jeffrey Wright aims to 'electrify' conversation on race, identity
- How many national championships has Michigan won? Wolverines title history explained
- New bridge connecting Detroit to Canada won’t open until fall 2025
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- 'Bright as it was in 2020' Glowing bioluminescence waves return to Southern California beaches
Ranking
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- Proud Boys member who went on the run after conviction in the Jan. 6 riot gets 10 years in prison
- Possible Ozempic side effects including hair loss and suicidal thoughts probed by FDA
- SpaceX illegally fired workers for letter critical of Elon Musk's posts on X, feds find
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Katt Williams accuses Cedric the Entertainer of stealing his 'best joke' from the '90s
- Ballon d'Or 2024: 5 players to keep an eye on in coveted award race
- Michigan vs. Washington national title game marks the end of college football as we know it
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Largest male specimen of world’s most venomous spider found in Australia. Meet Hercules.
Taiwan’s presidential candidate Ko Wen-je seeks a middle ground with China, attracting young voters
Atlanta Braves rework contract with newly acquired pitcher Chris Sale
Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
Oscar Pistorius is set to be released on parole. He will be strictly monitored until December 2029
Tia Mowry says her kids aren't interested in pursuing acting: 'I don't see it happening'
A return to the moon and a rare eclipse among 5 great space events on the horizon in 2024