Russell Laffitte Sentenced to 5 Years for Role in Murdaugh Financial Scheme
Laffitte pleaded guilty to bank and wire fraud for helping Murdaugh steal millions, receiving untaxable fees and ordered to pay $3.5 million restitution, prosecutors said.
5 Articles
5 Articles
Russell Laffitte sentenced to 5 years for role in Murdaugh financial scheme
CHARLESTON, S.C. (WCBD) --Former Palmetto State Bank CEO Russell Laffitte appeared in federal court Monday, receiving a second sentence for his role in a financial crimes scheme with former Hampton County Lawyer and Convicted Murderer Alex Murdaugh. Laffitte was sentenced to 5 years in federal prison and ordered to pay $3.5 million in restitution for six federal counts of financial crimes. Monday morning, in the courtroom, Judge Richard Gergel s…
Alex Murdaugh's banker faces prison time after guilty pleas
COLUMBIA, S.C. (AP) — The South Carolina banker who prosecutors said helped Alex Murdaugh move millions of dollars around to avoid detection of his thefts in exchange for a share of the money will spend at least five years in prison. Russell Laffitte waits to plead guilty in state court to bank fraud charges for his role in helping Alex Murdaugh steal money, Thursday, Sept. 25, 2025, in Columbia, S.C. (AP Photo/Jeffrey Collins) Russell Laffitte …
Alex Murdaugh financial crime partner Russell Laffitte gets federal prison time. How much?
COLUMBIA, S.C. — The legal consequences and public humiliation for once-respected ex-banker Russell Laffitte, who helped Alex Murdaugh steal millions in a massive South Carolina banking and law firm fraud scandal, continued Monday when a federal judge sentenced Laffitte to…
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