Current:Home > ScamsAlex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering -WealthRoots Academy
Alex Murdaugh pleads guilty to 22 counts of financial fraud and money laundering
View
Date:2025-04-19 13:14:27
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! (2579)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- All-Star Jalen Brunson takes less money with new contract to bolster New York Knicks
- Scores of bodies pulled from rubble after Israel's Gaza City assault, civil defense worker says
- Melania Trump releases statement after Trump assassination attempt: A monster ... attempted to ring out Donald's passion
- Intel's stock did something it hasn't done since 2022
- Books similar to 'Fourth Wing': What to read if you loved the dragon-filled romantasy
- World population projected to peak at 10.3 billion in 2080s, new United Nations report says
- Donald Trump whisked off stage in Pennsylvania after apparent gunshots rang through the crowd
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Mega Millions winning numbers for July 12 drawing: Jackpot now worth $226 million
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Reagan survived an assassination attempt and his response changed the trajectory of his presidency
- NASCAR at Pocono 2024: Start time, TV, streaming, lineup for Great American Getaway 400
- Alec Baldwin thanks supporters in first public comments after early end to trial
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Legacy of USWNT '99ers is so much more than iconic World Cup title
- Mega Millions winning numbers for July 12 drawing: Jackpot now worth $226 million
- The 2024 Volkswagen Jetta GLI is the most underrated car I’ve driven this year. Here's why.
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
How many points did Caitlin Clark score? Fever star has double-double vs. Mercury
Taylor Swift unveils new 'Fearless' and 'Tortured Poets' dresses in Milan, Italy
The best quotes from Richard Simmons about life, love and weight loss
Skins Game to make return to Thanksgiving week with a modern look
A shooting in Germany linked to a domestic dispute leaves 3 dead, 2 wounded
Carlos Alcaraz's Wimbledon rout of Novak Djokovic exposes tennis' talent gap at the top
Australian gallery's Picasso exhibit that sparked a gender war wasn't actually the Spanish painter's work