Federal Court Overturns Conviction of Alex Murdaugh's Banker
Russell Laffitte's conviction is vacated due to juror dismissal errors, prompting a potential retrial.
- Laffitte's seven-year prison sentence was overturned by the 4th Circuit Court of Appeals due to improper juror handling.
- The appeals court found that Judge Richard Gergel violated Laffitte's right to an impartial jury by dismissing a juror without proper procedure.
- Russell Laffitte, former CEO of Palmetto State Bank, was initially convicted of six counts of bank and wire fraud.
- Laffitte was accused of aiding Alex Murdaugh in diverting settlement funds meant for Murdaugh's clients to cover Murdaugh's debts.
- Federal prosecutors plan to retry Laffitte, emphasizing that the trial errors were judicial, not related to the charges themselves.