Alex Murdaugh Pleads Guilty to Financial Fraud, Already Serving Life for Double Murder

Alex Murdaugh Pleads Guilty to Financial Fraud, Already Serving Life for Double Murder

Disgraced former attorney Alex Murdaugh pleaded guilty to 22 counts of financial fraud and money laundering on Thursday, as confirmed by his lawyer, Dick Harpootlian. “He’s been completely cooperative and has not disputed any allegations,” Harpootlian said. Murdaugh is already serving a life sentence for the murders of his wife and youngest son, committed near the family’s estate in June 2021.

A federal grand jury indicted the 54-year-old in May on charges including bank fraud, wire fraud, money laundering, and conspiracy to commit wire and bank fraud. The indictment outlines three schemes spanning 2005 to 2021, in which Murdaugh allegedly diverted clients’ settlement funds from his South Carolina personal injury law firm to his own accounts and a fake account under the name “Forge.” Prosecutors say he also conspired with banker Russell Laffitte, who was convicted on six federal charges related to the scheme in November 2022.

Furthermore, the indictment alleges Murdaugh colluded with another attorney to defraud the estate of his former housekeeper, Gloria Satterfield, who died in 2018 following a fall at his home. Prosecutors claim Murdaugh directed nearly $3.5 million into his fake account for personal use.

Judge Clifton Newman, during Murdaugh’s sentencing in March for the murders, stated that the life sentences would run consecutively.

Chris Morris
Author: Chris Morris

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