Russell Laffitte, the former CEO of Palmetto State Bank, has been sentenced to seven years in federal prison for helping convicted murderer Alex Murdaugh steal nearly $2 million from clients' legal settlements. U.S. District Judge Richard Gergel also ordered Laffitte to pay more than $3 million in restitution, marking the end of a long and complicated investigation into the Murdaugh family finances. The case has highlighted the need for increased oversight of financial institutions and the importance of holding those who break the law accountable.
