Banker Who Helped Alex Murdaugh Steal Client Settlements Has Been Sentenced | Eastern North Carolina Now

A banker convicted of helping Alex Murdaugh steal money from people who hired him to be their attorney has been sentenced to seven years in prison.

ENCNow
    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ashe Schow.

    A banker convicted of helping Alex Murdaugh steal money from people who hired him to be their attorney has been sentenced to seven years in prison.

    Former Palmetto State Bank CEO Russell Laffitte, 51, was sentenced on Tuesday after he was convicted of six charges of wire and bank fraud last November. Laffitte will become the first of Murdaugh's accomplices to face prison time, NBC News reported.

    He helped Murdaugh steal nearly $2 million from clients' legal settlements, and, along with prison time, U.S. District Judge Richard Gergel ordered the accomplice to pay more than $3 million in restitution, The Post and Courier reported.

    Prosecutors argued that Laffitte used his position to collect hundreds of thousands of dollars from Murdaugh's clients, sending some of the money back to the disgraced attorney to pay his debts and maintain his opioid addiction.

    Laffitte has maintained his innocence, claiming that he didn't know he was doing anything illegal and that he had been manipulated by Murdaugh.

    Laffitte's trial was the first connected to the web of crime of which Murdaugh has been accused, including more than 100 charges related to money laundering, drug offenses, and more. In March, Murdaugh was sentenced to two consecutive life sentences.

    Murdaugh was found guilty of murdering his wife, Maggie, and youngest son, Paul, in an alleged attempt to distract from his numerous financial crimes, for which he still faces prosecution. The decision came after just a few hours of deliberation and a six-week trial where more than 70 witnesses testified.

    Lead prosecutor Creighton Waters explained to Judge Clifton Newman during sentencing that the evidence in the trial "shows [Murdaugh] to be a cunning manipulator, a man who placed himself above all others, including his family, a man who violated the trust of so many - including his friends, his family, his partners, his profession, but most of all Maggie and Paul."

    Waters requested the consecutive life sentences, saying his family, "like everyone else, was unaware of who he really was."

    Murdaugh has maintained his innocence and once again proclaimed it during sentencings.

HbAD0

    "I'm innocent. I would never hurt my wife, Maggie, and I would never hurt my son, Paul," Murdaugh said, according to Avery Wilks, chief investigative reporter for the Post and Courier.

    Judge Newman excoriated Murdaugh for his repeated lies, including Murdaugh's insistence that he was never at the dog kennels - where Maggie and Paul were murdered - on the day of the crime. Cell phone evidence proved that was a lie, and Murdaugh admitted to lying while testifying in his own defense during the trial.
Go Back

HbAD1

Latest State and Federal

Biotech entrepreneur Vivek Ramaswamy told The Daily Wire on Monday that he would “strongly consider” replacing J.D. Vance as U.S. senator from Ohio now that former President Donald Trump has picked Vance to be his running mate for the 2024 election.
For the second year in a row, Raleigh was ranked as the overall best place for veterans to live in the United States, according to a WalletHub report. Charlotte, Durham, Greensboro, and Winston-Salem came in 26th, 35th, 48th, and 51st overall, respectively.
Less than 24 hours after a failed assassination attempt against former President Donald Trump — which left one bystander dead and three others, including Trump, injured — The Atlantic’s David Frum blamed the violence on the former president and his supporters.
The Biden campaign fired back at actor George Clooney on Wednesday after Clooney called for President Joe Biden to drop out of the presidential race, suggesting that the 81-year-old president has better stamina than Clooney.
Ray Epps, the man accused by many of being involved with federal law enforcement during the January 6, 2021, riot at the U.S. Capitol, said over the weekend that Fox News host Tucker Carlson was “obsessed” with him and trying to ruin his life.
The North Carolina Department of Health and Human Services is hosting a virtual meeting on Friday, March 1, 2024, for the Standardized Foster Care Trauma-Informed Assessment Workgroup.

HbAD2

Cotton has been mentioned as a possible running mate for former President Donald Trump.
Former President Donald Trump said during a radio hit on Friday that he would be willing to take a cognitive test alongside President Joe Biden to let voters see the mental state of each presidential candidate.
NBC News’ Chuck Todd said Tuesday that Biden’s declining cognitive health has been an “open secret” for years, revealing that a senior cabinet member from the Biden administration suggested in 2022 that the president cannot run for reelection.
Daily Wire Editor Emeritus Ben Shapiro is testifying to Congress on Wednesday for a House Judiciary Committee hearing on the alleged conspiracy to suppress conservative voices under the guise of “brand safety.”
At least one person was shot and killed during an assassination attempt on former President Donald Trump on Saturday at a political rally in Pennsylvania in which the suspected gunman was also “neutralized,” according to the U.S. Secret Service.

HbAD3

The State Board of Elections will hold a remote meeting at 10:30 a.m. Tuesday, July 16, 2024.

HbAD4

 
Back to Top