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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.

Summary by WCBD
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…

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Court TV broke the news in on Sunday, September 28, 2025.
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