Chapter
Accusations Against the CEO of a Bank
56:29 - 1:03:58 (07:28)
The CEO of a bank is accused of allowing fraudulent activities such as mischaracterizing the reasons for loans, allowing the use of same collateral for different loans, taking money from the bank to pay for a stolen amount, and more.
Clips
The CEO of a bank is facing accusations of bank fraud for allegedly structuring cash withdrawals and using loan funds for unintended purposes.
56:29 - 58:26 (01:56)
Summary
The CEO of a bank is facing accusations of bank fraud for allegedly structuring cash withdrawals and using loan funds for unintended purposes.
ChapterAccusations Against the CEO of a Bank
Episode'Rich People Problems': The Victimization of Russell Laffitte (S01E62)
PodcastMurdaugh Murders Podcast
Elick Murdoch, who was already in debt, asked Russell or Charlie, Russell's father, for a $750,000 loan after the murders of Maggie and Paul.
58:26 - 59:41 (01:15)
Summary
Elick Murdoch, who was already in debt, asked Russell or Charlie, Russell's father, for a $750,000 loan after the murders of Maggie and Paul. The loan was for renovating his Beach House, which was already a work in progress prior to the killings, raising suspicions about Elick's priorities.
ChapterAccusations Against the CEO of a Bank
Episode'Rich People Problems': The Victimization of Russell Laffitte (S01E62)
PodcastMurdaugh Murders Podcast
During a hearing, it was revealed that banker Alex Russell was not responsible enough to report fees to the IRS and had a bank employee backdate loan forms, among other allegations of irresponsibility.
59:41 - 1:03:58 (04:17)
Summary
During a hearing, it was revealed that banker Alex Russell was not responsible enough to report fees to the IRS and had a bank employee backdate loan forms, among other allegations of irresponsibility.