• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
FinanceLegal

Disbarred attorney, convicted of killing his wife and son, sentenced to 40 years in federal prison for stealing from clients

By
Jeffrey Collins
Jeffrey Collins
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Jeffrey Collins
Jeffrey Collins
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 1, 2024, 6:53 PM ET
Alex Murdaugh
Alex Murdaugh is already serving a life sentence in state prison for killing his family. Andrew J. Whitaker—The Post And Courier/AP
Add Fortune on Google for similar content.

For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he used to wear, shuffled into a courtroom Monday in South Carolina and was sentenced to 40 years in federal prison.

Recommended Video

Murdaugh was punished — this time in federal court — for stealing from clients and his law firm. The 55-year-old disbarred attorney is already serving a life sentence without parole in a state prison for killing his wife and son.

Federal agents had recommended a sentence from 17 1/2 to just under 22 years.

Murdaugh also pleaded guilty in state court to financial crimes and was ordered to spend 27 years in prison. The federal sentence will run at the same time as his state prison term and he likely will have to serve all 40 years if his murder convictions are overturned on appeal.

U.S. District Judge Richard Gergel said he sentenced Murdaugh to a harsher punishment than suggested because he stole from “the most needy, vulnerable people,” including a client who became a quadriplegic after a crash, a state trooper who was injured on the job, and a trust fund intended for children whose parents were killed in a wreck.

Murdaugh stole from people who “placed all their problems and all their hopes” on him, Gergel said.

The 22 federal counts are the final charges outstanding for Murdaugh, who three years ago was an established lawyer negotiating multimillion-dollar settlements in tiny Hampton County, where members of his family served as elected prosecutors and ran the area’s premier law firm for nearly a century.

Murdaugh will also have to pay nearly $9 million in restitution.

“There is a staggering human toll to every cent,” said attorney Justin Bamberg, who represented several of Murdaugh’s victims.

Prosecutors asked the judge to give Murdaugh a harsher sentence because FBI agents think he is not telling the whole truth about what happened to $6 million he stole and whether a so-far unnamed attorney helped his criminal schemes.

Murdaugh’s largest scheme involved the sons of his longtime housekeeper Gloria Satterfield. She died in a fall at the family home. Murdaugh promised to take care of Satterfield’s family, then worked with a lawyer friend who pleaded guilty on a scheme to steal $4 million in a wrongful death settlement with the family’s insurer.

In all, Murdaugh took settlement money from or inflated fees or expenses for more than two dozen clients. Prosecutors said the FBI found 11 more victims than the state investigation found and that Murdaugh stole nearly $1.3 million from them.

Murdaugh again apologized to his victims at his sentencing Monday, saying he felt “guilt, sorrow, shame, embarrassment, humiliation.” He offered to meet with victims so they can say what they want to say and “more closely inspect my sincerity.”

“There’s not enough time and I don’t possess a sufficient vocabulary to adequately portray to you in words the magnitude of how I feel about the things I did,” Murdaugh said.

Murdaugh blamed nearly two decades of addiction to opioids and said he was proud he has been clean for 937 days.

Gergel scoffed at this explanation.

“No truly impaired person could pull off these complex transactions,” the judge said of the maze of fake accounts, juggled checks and money movements that hid the thefts for nearly 20 years.

Prosecutor Emily Limehouse said Murdaugh’s claims don’t make sense because he told the FBI he was taking the same amount of pills as he did when his addiction started in 2008, but the amount of money he stole increased rapidly in the years before his arrest.

“He was adamant all of the money was spent on drugs. It doesn’t add up,” Limehouse said.

Murdaugh was convicted a year ago of killing his younger son Paul with a shotgun and his wife, Maggie, with a rifle. While he has pleaded guilty to dozens of financial crimes, he adamantly denies he killed them and testified in his own defense. There will be years of appeals in the murder cases.

The case has captivated true crime fans, spawning dozens of podcast episodes and thousands of social media posts.

Prosecutors want to keep many of the FBI statements secret, saying they are still investigating the missing money and who might have helped Murdaugh to steal it. They say making the information public would jeopardize an ongoing grand jury investigation.

The defense asked for a lighter sentence, comparing Murdaugh’s possible sentence to 25 years for crypto entrepreneur Sam Bankman-Fried or Theranos CEO Elizabeth Holmes’ 11 years for duping investors, saying they stole billions while Murdaugh’s thefts were in millions.

But lawyer Eric Bland, who represented the family of Murdaugh’s housekeeper, said there was a big difference.

“Those victims were investing money,” he said, standing with one of Satterfield’s sons. “They lost loved ones.”

About the Authors
By Jeffrey Collins
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
Real EstateHousing
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
By Tatiana SatauaJuly 22, 2026
2 hours ago
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
AIChina
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
By Marco Quiroz-GutierrezJuly 22, 2026
2 hours ago
Man holding his hands open
InvestingStock
A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
By Amanda GerutJuly 22, 2026
2 hours ago
Scott Bessent speaks inside the Oval Office.
EconomyU.S. Department of the Treasury
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
3 hours ago
Canadian Prime Minister Mark Carney speaks to US President Donald Trump in front of a window.
EconomyDonald Trump
Carney and Trump agree to speed up trade negotiations a day after Trump puts a 50% tariff on Canadian goods
By The Associated Press and Jim MorrisJuly 22, 2026
3 hours ago
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
InvestingDonald Trump
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
By The Associated Press and Moriah BalingitJuly 22, 2026
5 hours ago

Most Popular

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
2 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
1 day ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
6 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.