An accomplice to convicted murderer Alex Murdaugh’s financial misdeeds gets seven years in prison
Associated PressThe man who once headed a highly respected bank in the South Carolina Lowcountry will spend seven years in federal prison for helping convicted murderer Alex Murdaugh steal nearly $2 million from clients’ legal settlements. The ex-CEO of Palmetto State Bank became the first of the disgraced former attorney’s accomplices to face prison time following the June 2021 shooting deaths that stemmed from sprawling investigations into the Murdaugh family finances. U.S. District Judge Richard Gergel also ordered Laffitte to pay more than $3 million in restitution, local media reported. “In addition, the name ‘Russell Laffitte’ is now known throughout South Carolina and beyond, and not in a good way — Russell will be forevermore tied to Mr. Murdaugh and known infamously as ‘the Murdaugh banker,” they wrote in a July 28 memo.