Alex Murdaugh Sentenced to 40 Years for $10M Fraud, Despite Murder Conviction Appeal

April 1, 2024
Alex Murdaugh Sentenced to 40 Years for $10M Fraud, Despite Murder Conviction Appeal
  • Alex Murdaugh received an additional 40-year federal prison sentence for financial crimes, including money laundering, bank fraud, and wire fraud.

  • The sentence, for stealing $10 million from 27 victims with $6 million unaccounted for, is one of the harshest for a white-collar criminal in South Carolina.

  • Murdaugh's consecutive life sentences for the murder of his wife and son are also under appeal, but this new sentence ensures extended incarceration regardless of the appeal's outcome.

  • Judge Richard Gergel highlighted the betrayal of trust in Murdaugh's crimes, dismissing the defense's argument that drug addiction was a driving factor.

  • Murdaugh must pay nearly $9 million in restitution, with federal authorities still investigating the missing funds and possible accomplices.

  • The case has captured significant public interest, spawning documentaries, podcasts, and social media discussions, with expectations of lengthy appeals ahead.

Summary based on 20 sources


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