1 00:00:00,440 --> 00:00:03,480 Speaker 1: Crime Alart hourly update breaking crime news Now. 2 00:00:04,559 --> 00:00:05,440 Speaker 2: I'm Nico Parton. 3 00:00:05,519 --> 00:00:09,400 Speaker 3: A former high profile banker from South Carolina has confessed 4 00:00:09,400 --> 00:00:14,280 Speaker 3: to aiding convicted murderer and fraudster Alec Murdog in siphoning 5 00:00:14,320 --> 00:00:18,759 Speaker 3: millions from clients described by a federal judge as quote vulnerable. 6 00:00:19,320 --> 00:00:23,000 Speaker 3: Russell Lafitte, x CEO of Palmetto State Bank in Hampton, 7 00:00:23,520 --> 00:00:26,680 Speaker 3: entered a guilty plea to six federal charges of bank 8 00:00:26,760 --> 00:00:31,320 Speaker 3: and wire fraud related to Murdog's extensive financial scheme that 9 00:00:31,440 --> 00:00:35,320 Speaker 3: defrauded clients out of significant amounts of money, as reported 10 00:00:35,360 --> 00:00:38,839 Speaker 3: in online court documents. In the plea agreement submitted to 11 00:00:38,880 --> 00:00:44,280 Speaker 3: federal prosecutors in South Carolina, Lafitte admitted to charges including 12 00:00:44,360 --> 00:00:48,240 Speaker 3: bank fraud, wirefraud, conspiracy to commit wire and bank fraud, 13 00:00:48,600 --> 00:00:53,159 Speaker 3: and misappropriation of funds. According to WCSC, As part of 14 00:00:53,240 --> 00:00:56,720 Speaker 3: the plea deal, Lafitte faces a five year federal prison 15 00:00:56,800 --> 00:01:00,840 Speaker 3: sentence and is required to repay over three points point six. 16 00:01:00,600 --> 00:01:02,120 Speaker 2: Million dollars in restitution. 17 00:01:02,680 --> 00:01:05,480 Speaker 3: This as noted by The Greenville News, he made these 18 00:01:05,520 --> 00:01:10,440 Speaker 3: admissions just weeks prior to his scheduled federal trial. Previously, 19 00:01:10,640 --> 00:01:14,319 Speaker 3: Lafitte was convicted on similar charges in twenty twenty two 20 00:01:14,440 --> 00:01:18,240 Speaker 3: and sentenced to seven years behind bars. However, that conviction 21 00:01:18,480 --> 00:01:22,120 Speaker 3: was later overturned by an appeals court, which determined that 22 00:01:22,200 --> 00:01:25,800 Speaker 3: Lafitte had been denied a fair trial when a judge 23 00:01:25,800 --> 00:01:30,080 Speaker 3: permitted the replacement of quote anxious jurors with alternates. 24 00:01:30,120 --> 00:01:32,319 Speaker 2: As reported by The Post and Courier. 25 00:01:32,640 --> 00:01:35,920 Speaker 3: During Lafitte's sentencing in twenty twenty three, US District Judge 26 00:01:36,000 --> 00:01:39,759 Speaker 3: Richard Gergel remarked that Lafitte was involved in an elaborate 27 00:01:39,840 --> 00:01:44,560 Speaker 3: criminal scheme. He likened Lafitte's treatment of those individuals to 28 00:01:44,640 --> 00:01:48,360 Speaker 3: that of a chess piece, manipulating their funds with disregard 29 00:01:48,440 --> 00:01:51,760 Speaker 3: for their suffering. In twenty twenty two, during a trial, 30 00:01:51,880 --> 00:01:56,080 Speaker 3: prosecutors detailed how Lafitte leveraged his position at the bank 31 00:01:56,160 --> 00:01:59,800 Speaker 3: to facilitate Murdoch's theft of millions from his clients. 32 00:01:59,800 --> 00:02:01,279 Speaker 2: This reported by the state. 33 00:02:01,920 --> 00:02:06,320 Speaker 3: Murdog, who has since been disbarred, redirected settlements intended for 34 00:02:06,360 --> 00:02:10,840 Speaker 3: grieving families and survivors or personal injury cases to Lafitte, 35 00:02:11,120 --> 00:02:14,480 Speaker 3: who created bank accounts to merge these funds, which they 36 00:02:14,560 --> 00:02:19,800 Speaker 3: ultimately misappropriated. Two sisters testified about the mismanagement of a 37 00:02:19,880 --> 00:02:23,320 Speaker 3: million dollar settlement awarded to them after their mother died 38 00:02:23,360 --> 00:02:25,960 Speaker 3: in a car accident when they were just twelve and 39 00:02:26,040 --> 00:02:30,160 Speaker 3: eight years old. Evidence presented by an FBI accountant revealed 40 00:02:30,160 --> 00:02:33,520 Speaker 3: that Lafitte misused twenty thousand dollars from one of the 41 00:02:33,520 --> 00:02:37,280 Speaker 3: sisters accounts to build himself a swimming pool. In addition 42 00:02:37,360 --> 00:02:41,360 Speaker 3: to these charges, Lafitte, who acted as conservator for Murdog's 43 00:02:41,400 --> 00:02:45,400 Speaker 3: personal injury clients, is accused of granting himself three hundred 44 00:02:45,400 --> 00:02:49,120 Speaker 3: and fifty five thousand dollars in personal loans and providing 45 00:02:49,240 --> 00:02:53,400 Speaker 3: Murdog with ninety nine hundred thousand dollars in loans drawn 46 00:02:53,440 --> 00:02:58,000 Speaker 3: from clients' funds at his bank. This all, according to prosecutors. 47 00:02:58,360 --> 00:03:01,840 Speaker 3: Lafitte still faces state chell charges in South Carolina, with 48 00:03:01,960 --> 00:03:03,920 Speaker 3: a trial scheduled for October. 49 00:03:05,240 --> 00:03:07,040 Speaker 2: More crime and justice news after this. 50 00:03:08,440 --> 00:03:12,359 Speaker 1: How could a beautiful, young first grade teacher be stabbed 51 00:03:12,639 --> 00:03:19,080 Speaker 1: twenty times, including in the back, allegedly die of suicide? Yes, 52 00:03:19,639 --> 00:03:23,440 Speaker 1: that was the medical examiner's official ruling after a closed 53 00:03:23,480 --> 00:03:27,160 Speaker 1: door meeting. He first named it a homicide. Why what 54 00:03:27,680 --> 00:03:33,480 Speaker 1: happened to Ellen Greenberg? A huge American miscarriage of justice. 55 00:03:34,080 --> 00:03:39,160 Speaker 1: For an in depth look at the facts, see what 56 00:03:39,640 --> 00:03:44,840 Speaker 1: Happened to Ellen on Amazon. All proceeds to the National 57 00:03:44,960 --> 00:03:47,800 Speaker 1: Center for Missing and Exploited Children. 58 00:03:52,160 --> 00:03:54,800 Speaker 3: A seventeen year old was injured in the leg during 59 00:03:54,800 --> 00:03:57,440 Speaker 3: a school shooting at a high school in Dallas today. 60 00:03:57,880 --> 00:04:02,240 Speaker 3: Emergency responders quickly aar arrived at the Wilmer Hutchins High School. 61 00:04:02,600 --> 00:04:04,920 Speaker 3: The male victim was taken to the hospital and is 62 00:04:04,960 --> 00:04:09,080 Speaker 3: currently in stable condition, although additional details have not yet 63 00:04:09,160 --> 00:04:15,080 Speaker 3: been disclosed. According to WFAA, Dallas Fire Rescue responded to 64 00:04:15,160 --> 00:04:18,200 Speaker 3: a call received at the school around one oh six pm. 65 00:04:18,560 --> 00:04:22,479 Speaker 3: By one for five pm, the situation had reportedly been contained, 66 00:04:22,760 --> 00:04:26,640 Speaker 3: but aeriel footage revealed a strong police presence at the scene. 67 00:04:26,800 --> 00:04:30,240 Speaker 3: Students were seen evacuating the campus and moving towards the 68 00:04:30,279 --> 00:04:34,240 Speaker 3: school stadium. Authorities are advising parents and the public to 69 00:04:34,440 --> 00:04:38,600 Speaker 3: steer clear of the area as the investigation is ongoing. 70 00:04:39,080 --> 00:04:42,200 Speaker 3: Carmelo Anthony, the seventeen year old charged with the fatal 71 00:04:42,240 --> 00:04:45,839 Speaker 3: stabbing of a fellow student at a high school track event, 72 00:04:46,360 --> 00:04:50,400 Speaker 3: was released from jail after his bill was significantly reduced. 73 00:04:51,080 --> 00:04:53,560 Speaker 3: He left the Collin County jail around four to twenty 74 00:04:53,640 --> 00:04:57,400 Speaker 3: pm and was placed under house arrest with an ankle monitor. 75 00:04:57,800 --> 00:05:01,160 Speaker 3: During a hearing at the County Courthouse in McKinney on Monday, 76 00:05:01,600 --> 00:05:06,240 Speaker 3: state District Judge Angela Tucker decreased Anthony's bill from one 77 00:05:06,279 --> 00:05:09,960 Speaker 3: million dollars to two hundred and fifty thousand dollars. Anthony 78 00:05:10,040 --> 00:05:12,640 Speaker 3: had been held on a murder charge since April two, 79 00:05:13,120 --> 00:05:17,000 Speaker 3: following his arrest for allegedly killing seventeen year old Austin 80 00:05:17,080 --> 00:05:20,840 Speaker 3: Metcalf during the District eleven to five a track meet 81 00:05:21,160 --> 00:05:24,320 Speaker 3: that was held at the stadium. Anthony has claimed he 82 00:05:24,440 --> 00:05:27,880 Speaker 3: acted in self defense and is innocent of the charges. 83 00:05:28,480 --> 00:05:31,200 Speaker 3: Nancy Grace and her team of experts break down this 84 00:05:31,360 --> 00:05:34,920 Speaker 3: case tonight on Crime Stories with Nancy Grace on Doctor 85 00:05:34,920 --> 00:05:39,080 Speaker 3: Phiel's Merriage Street Media six nine and twelve pm Eastern, 86 00:05:39,440 --> 00:05:42,640 Speaker 3: or download Crime Stories with Nancy Grace on your favorite 87 00:05:42,640 --> 00:05:45,120 Speaker 3: podcasting app with this crime alert. 88 00:05:45,160 --> 00:05:46,080 Speaker 2: I'm Nicole Parton