The Banker Behind the Monster: Russell Laffitte’s Role in the Murdaugh Empire
In the world of white-collar crime, it’s not always the man holding the gun who does the most damage. Sometimes, it’s the man holding the pen. Russell Laffitte, the former CEO of Palmetto State Bank, has officially been sentenced—state and federal—for his pivotal role in enabling Alex Murdaugh’s sprawling fraud schemes. From court-appointed conservator to criminal co-conspirator, Laffitte turned trust into a weapon and helped siphon over $1.8 million from vulnerable clients—victims of injury, trauma, and death. In this explosive breakdown, we dive into Laffitte’s calculated choices, the financial mechanisms he exploited, and the chilling pattern of betrayal that turned him into the enabler behind South Carolina’s most infamous legal dynasty. This isn’t just about a banker gone bad. It’s about systemic failure, small-town power, and what happens when legacy becomes liability. We unpack the stolen settlements, the broken promises, and the legal fallout that followed. From the exploitation of Hakeem Pinckney’s estate to the stolen trust funds of Natarsha Thomas and the Badger family, this episode exposes how Laffitte kept the Murdaugh machine humming long after it should have shut down. If you thought the Murdaugh case was just about murder—you haven’t seen the money trail. And Russell Laffitte was the guy laying down the tracks. #MurdaughMurders #RussellLaffitte #TrueCrime #WhiteCollarCrime #MurdaughFraud #SouthCarolinaScandal #PalmettoBank #ConservatorFraud #HiddenKillers #TrueCrimePodcast Want to comment and watch this podcast as a video? Check out our YouTube Channel. https://www.youtube.com/@hiddenkillerspod Instagram https://www.instagram.com/hiddenkillerspod/ Facebook https://www.facebook.com/hiddenkillerspod/ Tik-Tok https://www.tiktok.com/@hiddenkillerspod X Twitter https://x.com/tonybpod Listen Ad-Free On Apple Podcasts Here: https://podcasts.apple.com/us/podcast/true-crime-today-premium-plus-ad-free-advance-episode/id1705422872
Episode Details
About This Episode
In the world of white-collar crime, it’s not always the man holding the gun who does the most damage. Sometimes, it’s the man holding the pen. Russell Laffitte, the former CEO of Palmetto State Bank, has officially been sentenced—state and federal—for his pivotal role in enabling Alex Murdaugh’s sprawling fraud schemes. From court-appointed conservator to criminal co-conspirator, Laffitte turned trust into a weapon and helped siphon over $1.8 million from vulnerable clients—victims of injury, tr...