Once the case ended in a pair of financial settlements worth $4.3 million, Murdaugh intervened and had Fleming direct the Satterfields’ money to a fraudulent bank account Murdaugh had created in 2015, Waters said.
Within a few months after Satterfields’ money was deposited into the dummy account, Murdaugh transferred it to his personal bank account, pocketing about $3.4 million of the overall settlement, Waters said.
Among a flurry of transactions that followed, Murdaugh wrote checks for $610,000 and $125,000 to himself, and cut his father a check for more than $300,000, Waters said.
“He had been carrying a $100,000 credit card balance for months. That gets paid off,” Waters said.
Alex Murdaugh denied bond after arrest in alleged settlement scam
At one point in the Oct. 19 hearing, Newman called up a SLED agent to testify about the status of other investigations involving Murdaugh and his family.
The agent was hesitant to speak but ultimately acknowledged that SLED is probing other allegations of financial crimes against Murdaugh. The agency is also investigating the manner of Satterfield’s death, the agent said.
