Ex-Banker Charged With Conspiring in Murdaugh Money Scheme

Ex-Banker Charged With Conspiring in Murdaugh Money Scheme
Alex Murdaugh walks into his bond hearing, in Varnville, S.C., on Sept. 16, 2021. Mic Smith/AP Photo
|Updated:

COLUMBIA, S.C.—A grand jury has indicted the former CEO of a South Carolina bank on charges of conspiring with once-prominent, now- suspended attorney Alex Murdaugh to defraud victims—including the family of a deaf man who became quadriplegic after a car crash — of $1.8 million.

Russell Laffitte, who headed Palmetto State Bank until he was fired earlier this year, now faces 21 charges of fraud, conspiracy, and computer crimes, state police announced Wednesday.