Financial evidence identified Russell Laffitte as a Palmetto State Bank officer involved in loans, account funding, and conservatorship transactions connected to Alex Murdaugh. The defense emphasized Murdaugh's access to credit, and Murdaugh denied that Laffitte knowingly participated in his thefts.
Russell Laffitte
Former Palmetto State Bank executive whose loans and conservatorship transactions with Alex Murdaugh appeared in the financial evidence.
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Financial testimony identified Russell Laffitte as a Palmetto State Bank officer, first its COO and later its CEO, whose dealings with Alex Murdaugh formed part of the State's motive evidence. Witnesses and bank records connected Laffitte to conservatorship funds, payments applied toward Murdaugh's personal obligations, and a $400,000 overdraft-covering deposit made before supporting loan documentation was created.
Cross-examination examined Laffitte's approval of a $750,000 loan and emphasized Murdaugh's account balances, borrowing history, and continued access to credit. Murdaugh acknowledged discussing the structure of conservatorship transactions with Laffitte but maintained that Laffitte did not knowingly help him steal.
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