Overview

• He admitted guilt to eight state counts on Sept. 25, with an eight-year state term to run at the same time as a proposed five-year federal sentence.
• South Carolina liquidated more than $3.55 million in Palmetto State Bank stock for victim restitution, with about $281,000 still to be addressed, likely at the federal hearing.
• All FDIC licenses he held are revoked for life, and a separate five-year state term will be suspended if he completes probation and 350 hours of community service.
• Federal sentencing is scheduled for Sept. 29 in Charleston and state sentencing for Oct. 13, with credits for time served placing his expected release around May 2027.
• Prosecutors said he helped Alex Murdaugh siphon about $1.9 million, loaned himself roughly $340,000, and collected substantial fees while overseeing funds for vulnerable clients including the Pinckney and Badger matters.