![]() ![]() banker Laffitte indicted more indictments for Murdaugh, Fleming Attorney Emily Limehouse is prosecuting this case. The case was investigated by the Federal Bureau of Investigation, the South Carolina Law Enforcement Division and South Carolina Attorney General’s Office. If convicted, Laffitte faces a maximum term of imprisonment of 30 years on all federal charges, in addition to similar fraud and conspiracy charges levied against him by the state grand jury earlier this year. Finally, the indictment alleges that on July 15, 2021, Laffitte misapplied $750,000 of bank funds by extending an unsecured commercial loan to Murdaugh. The indictment also alleges that, at Murdaugh's direction, Laffitte transferred the clients' disbursed settlement funds into bank money orders, cash, and other wire transfers while collecting $391,781.07 in fees for serving as conservator and personal representative for those clients.Īlso, according to the indictment, on two occasions, Laffitte misapplied bank funds: on Oct. 28, 2021, Laffitte paid the law firm $680,000 without notice to or consent from PSB, knowing that he had fraudulently transferred the money to the bank customer. Alex Murdaugh case: What we know, and don't know, about the Alex Murdaugh crime saga
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