Feds are investigating Alex Murdaugh's alleged financial crimes, attorneys say
Feds are investigating Alex Murdaugh's alleged financial crimes, attorneys say
Jim Griffin, one of Murdaugh’s defense attorneys, told The Post and Courier he participated in an Oct. 14 conference call with federal prosecutors to discuss their investigation into his client’s alleged financial crimes. Prosecutors with the U.S. Attorney’s Office for South Carolina wanted to know whether Murdaugh would cooperate with their probe, Griffin said.
Meanwhile, Charleston attorney Ronnie Richter told the newspaper he has “direct knowledge” that the FBI is investigating whether Murdaugh stole some $3.4 million from a legal settlement meant for the sons of Murdaugh’s late housekeeper, Gloria Satterfield.
Federal investigators are better staffed and more equipped than SLED to follow the money in complex white-collar cases and bring charges against Murdaugh and any co-conspirators, said former U.S. Attorney for South Carolina Pete Strom.
“The FBI has CPA analysts, very complicated financial analytical software and the benefit of a federal grand jury to obtain records that would be much more difficult for the state to get,” Strom said.
Without that protection, the lawyers said, Murdaugh and his remaining son, Buster, might take steps to hide millions of dollars in cash and assets so they can’t be recovered in the lawsuits.
Judge Daniel Hall has scheduled a hearing in Chesterfield County on Friday to consider the requests.
And this week, the Satterfields’ attorneys said they had reached an agreement that dismisses Murdaugh’s former law firm, PMPED, from any legal liability in the case. Richter would not disclose whether PMPED paid the family any money, saying only, "We can confirm that the Satterfield family has reconciled its differences with the Murdaugh law firm."
Murdaugh, one of just two defendants remaining in the case, was served with the lawsuit last week, records show.