Alex Murdaugh is sentenced to 40 years in prison for federal financial crimes

Disgraced legal scion Alex Murdaugh has been sentenced to 40 years in prison – to run concurrently with a previous sentence – over a slew of federal financial fraud crimes.

The 55-year-old convicted killer and fraudster appeared in federal court in Charleston on Monday morning, where US District Judge Richard Gergel determined what penalty he should face for a sprawling decade-long scheme where he stole millions of dollars from vulnerable legal clients. The new sentence, which exceeds the 30 years prosecutors asked for, will run concurrently with the state sentences Murdaugh is already serving.

Judge Gergel said he handed Murdaugh a harsher sentence because his crimes impacted “the most needy, vulnerable people,” the Associated Pressreports.

“They placed all their problems and all their hopes on Mr Murdaugh and it is from those people he abused and stole,” Judge Gergel said. “It is a difficult set of actions to understand.”

From at least 2008 through 2021, Murdaugh swindled several clients at his law firm PMPED out of over $10m in funds. He had already been sentenced to 27 years in prison for his financial crimes, months after being given two consecutive life sentences without the possibility of parole for murdering his wife Maggie and their 22-year-old son Paul.

In addition to his new 40-year sentence, Murdaugh has also been ordered to pay $8.7m. The money will be divided among several victims, The Post and Courier reports, as well as his former law firm and the bank Murdaugh used to funnel stolen funds.

Among the victims was the family of Gloria Satterfield – the Murdaugh’s longtime housekeeper who helped raise his two sons Paul and Buster.

Satterfield died in February 2018 following a mysterious trip and fall down the steps of the affluent family’s Moselle home – the same estate where Murdaugh murdered his wife Maggie and son Paul just three years later.

Murdaugh urged Satterfield’s two sons to file a wrongful death lawsuit then stole the $4m in settlement money from them. The insurer that paid Ms Satterfield’s family will receive $3.8m from Murdaugh, the court also ordered Monday.

Just minutes before Judge Gergel handed down his sentence, Murdaugh addressed the court and apologised to his victims.

“I want you to know and I want the victims to know, I am filled with sorrow, I am filled with remorse, I am filled with guilt,” Murdaugh said, per The Herald. “I am very committed to trying to be a better person.”

“Judge, I know there’s not enough time and I don’t possess sufficient vocabulary to express to you in words the magnitude of what I feel about what I did — as you pointed out for a long period of time... I literally am filled with sorrow and I am filled with guilt,” he continued.

In September, Murdaugh finally pleaded guilty to 22 federal charges over the multi-million-dollar scheme including wire fraud, bank fraud, money laundering and conspiracy to commit wire fraud and bank fraud after reaching a plea deal with Justice Department (DOJ) prosecutors.

Under the terms of the deal, he was to face up to 30 years in federal prison to be served concurrently with his state conviction on the same charges. In November, he was handed a 27-year prison term in state court at a highly-emotive sentencing hearing where he was confronted by several of his victims.

Alex Murdaugh appears at a hearing where he sought – unsuccessfully – to be granted a new murder trial (AP)
Alex Murdaugh appears at a hearing where he sought – unsuccessfully – to be granted a new murder trial (AP)

The federal plea deal required Murdaugh to cooperate with prosecutors and be truthful about the details of his sprawling fraud.

But just days before his sentencing, DOJ prosecutors posted a new court filing saying that the double murderer had broken his end of the bargain and asking the judge to break the plea deal.

In the filing, Assistant US Attorney Emily Limehouse argued that Murdaugh had lied on a polygraph test. The filing also stated that an additional $1.3m in stolen money and a further 11 victims of Murdaugh’s financial crimes had been discovered since the deal was reached.

However, at the sentencing, both parties reached an agreement to preserve the plea deal.

In total, this took the extent of Murdaugh’s financial fraud scheme to a staggering 25 known victims and more than $10.5m money stolen. Ms Limehouse argued that these newly-discovered crimes would add nine to 11 years to a prison sentence.

As a result, the DOJ asked Judge Gergel to scrap the plea deal and pushed for Murdaugh to be hit with a lengthier sentence and for it to run consecutively to his state sentence.

Instead of sentencing guidelines of 21 years to run concurrently with his state sentence, Murdaugh faced 20 to 30 years on each of the 22 counts.

Despite his convictions, many questions remain about the extent of Murdaugh’s crimes.

While he continues to insist that he stole the money to feed his own decades-long opioid habit, prosecutors have long cast doubts on this assertion – pointing to, in part, the sheer extent of missing money which appears to be unaccounted for.

Two of his accomplices – both also powerful figures in the Lowcountry – have also been convicted over the white-collar fraud scheme. Fellow attorney Cory Fleming was sentenced to nearly four years in federal prison after pleading guilty to conspiracy charges and confessing to swindling millions from Satterfield’s family. Palmetto State Bank CEO Russell Laffitte, who like Murdaugh came from a prominent, affluent family, was sentenced to seven years.

The trio of conspirators would represent clients in wrongful death lawsuits then steal the funds for themselves. Laffitte and Fleming would often act as conservators to Murdaugh’s victims.

Much of the stolen money was funneled through a fake “Forge” bank account which sought to imitate the legitimate and totally unrelated business Forge Consulting.

Alex Murdaugh cries as he addresses the court during his sentencing on state financial fraud charges in November (AP)
Alex Murdaugh cries as he addresses the court during his sentencing on state financial fraud charges in November (AP)

Some of the money was also channeled through checks cut to Curtis “Cousin Eddie” Smith – Murdaugh’s distant cousin and alleged drug dealer who also happens to be the alleged accomplice in the killer’s bizarre botched hitman plot.

Murdaugh’s financial crimes came crashing down around him in the lead-up to the brutal murders of his wife Maggie and son Paul on 7 June 2021.

At his murder trial, jurors heard how Murdaugh’s colleagues at PMPED were closing in on his thefts with a colleague confronting him about $792,000 in stolen money on the morning of the murders.

His finances were also coming under intense scrutiny in a lawsuit brought by the family of Mallory Beach – a 19-year-old woman who died in a 2019 crash on the Murdaugh family boat. A hearing for the boat crash lawsuit was scheduled for 10 June – three days after the murders.

Jurors at the trial heard how Murdaugh shot and killed his wife and son to distract from his crumbling empire.

Two months on from the deadly shootings – in September 2021 – Murdaugh was ousted from his law firm after they uncovered his years of theft.

A mere hours later, Murdaugh was shot in the head by the side of a road in Hampton County in a bizarre incident now known as the “roadside shooting” incident.

Days later – after checking in to rehab for what he claims was a two-decade-long opioid addiction – he confessed to paying his distant cousin Mr Smith to shoot and kill him in an assisted suicide plot so that his surviving son Buster could get a $10m life insurance windfall.

Both men were arrested and charged over the incident. However, Mr Smith denies Murdaugh’s version of events and the charges against him are still making their way through the courts.

Buster, Maggie, Paul and Alex Murdaugh prior to the murders (Maggie Murdaugh/Facebook)
Buster, Maggie, Paul and Alex Murdaugh prior to the murders (Maggie Murdaugh/Facebook)

In a dramatic moment at his murder trial, Murdaugh took the stand and confessed to running a vast financial fraud scheme.

But, while he may have confessed – at least in part – to stealing millions from vulnerable clients, close friends and even his own family members, Murdaugh continues to deny murdering Maggie and Paul.

He was convicted of the murders in May 2023 following a dramatic six-week “trial of the century” where his web of lies fell apart when jurors heard damning cellphone footage placing him at the murder scene mere moments before the killings. He was sentenced to life in prison.

Since then, he has fought against his conviction – sensationally seeking a new trial in September based on allegations that Colleton County Court Clerk Becky Hill tampered with the jury and pressured them to return a guilty verdict against him.

His bid for a new trial has since been denied and Ms Hill has denied the allegations. Yet, she still remains the focus of two investigations by South Carolina Law Enforcement Division (SLED).

And last week, she resigned from her role with immediate effect – a move she insisted was not related to the jury tampering accusations.