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Grand jury charges Hampton banker Russell Laffitte in Murdaugh fraud conspiracy case

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Prosecutors accuse Laffitte of working with Murdaugh to allow the now jailed Hampton attorney to steal money from his own clients, with said clients’ money being taken from accounts Laffitte oversaw as a top official at Palmetto State Bank.

Authorities say evidence also shows Laffitte accepted stolen client money from Murdaugh as repayment for loans Laffitte had given Murdaugh that were taken out of trust accounts for people Laffitte had represented as fiduciary in unrelated court cases.

In all, authorities say Laffitte and Murdaugh defrauded Palmetto State Bank, Murdaugh’s former law firm and various individuals they represented out of $1,832,772. Laffitte was fired by Palmetto State Bank in January 2022.

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Along with the first-time charges for Laffitte, the state grand jury also pinned four new felony charges on Murdaugh, plus four new felonies and one misdemeanor charge on Murdaugh’s longtime friend and

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