Current:Home > MarketsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -ValueCore
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-17 15:27:16
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! (36396)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Lottery, gambling bill heads to Alabama legislative conference committee for negotiations
- Caitlin Clark will play right away and drive ticket sales. What about other WNBA draftees?
- Company believes it found sunken barge in Ohio River near Pittsburgh, one of 26 that got loose
- Louvre will undergo expansion and restoration project, Macron says
- Two killed in shooting at Ferguson, Missouri, gas station; officer fired shots
- Travis Kelce's New TV Game Show Hosting Gig Is His Wildest Dream
- Crystal Kung Minkoff announces departure from 'The Real Housewives of Beverly Hills'
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Charlize Theron's Daughter August Looks So Grown Up in Rare Public Appearance
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- DeSantis tweaks Florida book challenge law, blames liberal activist who wanted Bible out of schools
- Justice Clarence Thomas absent from Supreme Court arguments Monday with no reason given
- People with disabilities sue in Wisconsin over lack of electronic absentee ballots
- Current, future North Carolina governor’s challenge of power
- Crystal Kung Minkoff announces departure from 'The Real Housewives of Beverly Hills'
- Kate Martin attends WNBA draft to support Caitlin Clark, gets drafted by Las Vegas in second round
- Barbie craze extends to summer grilling with Heinz Classic Barbiecue Sauce
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Georgia prosecutors renew challenge of a law they say undermines their authority
How one Chicago teacher is working to help Black kids break into baseball
19-year-old found dead after first date; suspect due in court: What to know about Sade Robinson case
Why members of two of EPA's influential science advisory committees were let go
Governor’s pandemic rules for bars violated North Carolina Constitution, appeals court says
2024 NFL mock draft: J.J. McCarthy or Drake Maye for Patriots at No. 3?
Heavy rains lash UAE and surrounding nations as the death toll in Oman flooding rises to 18