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⚖️ MURDAUGH MURDERS & TRIAL THREAD ⚖️

Right when this story couldn’t get any better an attorney named Dick Poot is introduced. Cannot wait for the movie.
To make it more entertaining Alex’s living son is named Richard “Buster” Murdaugh aka Dick Buster.

Someone on the Main Board said they hope our asst Bball coach Dick Bender is involved in the mix somehow. 🤣
 
How does someone bilk their firm for millions over 20 years and not get caught? I don't buy that. Are accounts not reconciled? I promise someone (likely several) knew what was going on and were being paid off or threatened. I find it almost impossible that the office administrator or accountant didn't know.
My thoughts as well. Our trust accounts are reconciled daily and there are lots of checks and balances in the system for this very reason. With some planning and creativity, one might be able to steal a large sum at one time, but they’d have to immediately leave the country. No way it goes undiscovered for any length of time. Nor can I see being able to embezzle enough small amounts over time to reach millions. Others inside the firm would have to be complicit.
 
How does someone bilk their firm for millions over 20 years and not get caught? I don't buy that. Are accounts not reconciled? I promise someone (likely several) knew what was going on and were being paid off or threatened. I find it almost impossible that the office administrator or accountant didn't know.
If it’s truly gone on this long, I can say with confidence that it’s likely funds being sent to an entity that Alex controls.

here’s how it works:
Years and years ago, Alex sets up an entity thru a friend and suggests that his law firm use the entity for any business needs.

Alex does the work and has the law firm pay the entity.

It appears legit because the law firm gets the services it needs from a legitimate business. It works for Murdaugh bc he’s basically paying himself additional money.

There were probably invoices paid by the law fir where he claimed he used his fake entity for services when he did not receive anything from the entity.

It’s why w-9s should be reverified periodically and vendors should be rotated periodically as well. Banks and investment/asset mgt firms have required 1-2 week periods where you have to take a vacation to help combat this type of thing.
 
My thoughts as well. Our trust accounts are reconciled daily and there are lots of checks and balances in the system for this very reason. With some planning and creativity, one might be able to steal a large sum at one time, but they’d have to immediately leave the country. No way it goes undiscovered for any length of time. Nor can I see being able to embezzle enough small amounts over time to reach millions. Others inside the firm would have to be complicit.
Isn’t that what the Erin Brockovich guy has been doing all these years and finally got busted for it?
 
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If it’s truly gone on this long, I can say with confidence that it’s likely funds being sent to an entity that Alex controls.

here’s how it works:
Years and years ago, Alex sets up an entity thru a friend and suggests that his law firm use the entity for any business needs.

Alex does the work and has the law firm pay the entity.

It appears legit because the law firm gets the services it needs from a legitimate business. It works for Murdaugh bc he’s basically paying himself additional money.

There were probably invoices paid by the law fir where he claimed he used his fake entity for services when he did not receive anything from the entity.

It’s why w-9s should be reverified periodically and vendors should be rotated periodically as well. Banks and investment/asset mgt firms have required 1-2 week periods where you have to take a vacation to help combat this type of thing.
This is exactly what happened. Representing someone through another law firm and splitting the payout when there were multiple clients. Payout goes to a shell corp that his partners don't know about. The wife told on him and now she's dead.
 
Here is the most recent AP story (with links to subplot stories surrounding):




outrageous-jackiechiles.gif
 
Here is the most recent AP story (with links to subplot stories surrounding):




outrageous-jackiechiles.gif
If Insurance Fraud is the only thing he is arrested for, he will make bail by lunch.....
Surely more charges than that but we shall see
 
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Question: You survive a botched suicide that you staged and well enough to go to a rehab shortly thereafter. Why do you call 911?
I asked myself that as well. Another question for you. If it is true that his wife had a life insurance policy of $6 million or so, but the insurance company is holding it until the case is resolved, then why do you feel like you have to have someone kill you so your kid can get money? If you had nothing to do with her murder, wouldn't you feel confident that the $6 million would be coming to you and you could give that to your son?
 
I hope big red gets what he deserves. My best friend was dating Mallory Beach's sister at the time of the boating accident. He was talking sh*t to Paul and Paul responded "you're next." If I can find the message, I will gladly post it on here.
Lol at Paul the preppy tough guy. This clown was going to end up a statistic either way.
I wonder if Buster harbors the same psychopath tendencies, or if his gayness was too strong to allow such aggression
 
If it’s truly gone on this long, I can say with confidence that it’s likely funds being sent to an entity that Alex controls.

here’s how it works:
Years and years ago, Alex sets up an entity thru a friend and suggests that his law firm use the entity for any business needs.

Alex does the work and has the law firm pay the entity.

It appears legit because the law firm gets the services it needs from a legitimate business. It works for Murdaugh bc he’s basically paying himself additional money.

There were probably invoices paid by the law fir where he claimed he used his fake entity for services when he did not receive anything from the entity.

It’s why w-9s should be reverified periodically and vendors should be rotated periodically as well. Banks and investment/asset mgt firms have required 1-2 week periods where you have to take a vacation to help combat this type of thing.

I get how it logistically could happen, but you don't send millions of dollars out the door for anything that isn't know to the stake holders and why the money was being spent. It just doesn't work that way, particularly in that small of a firm.

Every managing partner is getting a monthly P&L and they will review the line item expenditures by account. there is no way to falsify these and not have help. The P&L has to reconcile back to the balance sheet which should be reconciled with bank balances. Someone would have to overlook massive discrepancies.

Every owner / partner / manager with P&L responsibility (if they are worth their salt) is going to review at a minimum the bottom line. They typically will also scan to compare expenditures month to month on a percentage basis to look for anomalies. It is one thing to move a few percentage points of total revenue each month, but it sounds like this guy was stealing big money.

The majority of service related companies spend money on people. Particularly a law firm, they don't buy goods (which are ripe for kick backs and other shenanigans). Their expenses are their people and consultants.

The man had help pulling this off. Someone knew and was either in on it or turned a blind eye.
 
Sorry to disappoint, but it was a snapchat message from 2019 and was not saved, sadly. My buddy follows Buster on instagram though and he's been living his normal life all summer. He was at a wedding just last week. Pretty crazy to me that he's just living a normal life through all of this.
 
Sorry to disappoint, but it was a snapchat message from 2019 and was not saved, sadly. My buddy follows Buster on instagram though and he's been living his normal life all summer. He was at a wedding just last week. Pretty crazy to me that he's just living a normal life through all of this.
So is he hiding away at Edisto house or in Rock Hill as I have heard.
 
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I get how it logistically could happen, but you don't send millions of dollars out the door for anything that isn't know to the stake holders and why the money was being spent. It just doesn't work that way, particularly in that small of a firm.

Every managing partner is getting a monthly P&L and they will review the line item expenditures by account. there is no way to falsify these and not have help. The P&L has to reconcile back to the balance sheet which should be reconciled with bank balances. Someone would have to overlook massive discrepancies.

Every owner / partner / manager with P&L responsibility (if they are worth their salt) is going to review at a minimum the bottom line. They typically will also scan to compare expenditures month to month on a percentage basis to look for anomalies. It is one thing to move a few percentage points of total revenue each month, but it sounds like this guy was stealing big money.

The majority of service related companies spend money on people. Particularly a law firm, they don't buy goods (which are ripe for kick backs and other shenanigans). Their expenses are their people and consultants.

The man had help pulling this off. Someone knew and was either in on it or turned a blind eye.
I get what you’re saying. In my professional experience (SEC Reporting), the reason that reliance on MoM, QoQ, or YoY variances is a poor methodology is that if you had a case of fraud last period, it will be “in line” this period. “Well, we always pay company X $5M each year”.

It’s the most common source of fraud for a reason. ….it’s easy to pull off. Once an illegitimate vendor is cleared, you have a green light.
 
I asked myself that as well. Another question for you. If it is true that his wife had a life insurance policy of $6 million or so, but the insurance company is holding it until the case is resolved, then why do you feel like you have to have someone kill you so your kid can get money? If you had nothing to do with her murder, wouldn't you feel confident that the $6 million would be coming to you and you could give that to your son?
Another great point. So let's run with this. If it really wasn't a botched suicide attempt...

Maybe Eddie wasn't really asked to shoot Alex and did so on his own because he was involved in the murders and afraid Alex would turn him in when inevitably charged. Eddie was identified by the security cameras and brought in for questioning. Alex panics because Eddie could bust the case open so he runs to SLED "before they come to him" and "confesses" to a suicide attempt involving Eddie, which helps Eddie by moving the charge down to attempted suicide instead of attempted murder and keeps Eddie from spilling the beans on the earlier murders.

Seems like a crazy stretch, but makes more sense. Seems like your first instinct after a botched suicide attempt would be to keep it quiet, not sound the alarm by calling 911 and ultimately ending up in jail for it. Either that or he is just plain stupid.
 
Another great point. So let's run with this. If it really wasn't a botched suicide attempt...

Maybe Eddie wasn't really asked to shoot Alex and did so on his own because he was involved in the murders and afraid Alex would turn him in when inevitably charged. Eddie was identified by the security cameras and brought in for questioning. Alex panics because Eddie could bust the case open so he runs to SLED "before they come to him" and "confesses" to a suicide attempt involving Eddie, which helps Eddie by moving the charge down to attempted suicide instead of attempted murder and keeps Eddie from spilling the beans on the earlier murders.

Seems like a crazy stretch, but makes more sense. Seems like your first instinct after a botched suicide attempt would be to keep it quiet, not sound the alarm by calling 911 and ultimately ending up in jail for it. Either that or he is just plain stupid.
If that is your scenario, what prevents Eddie from finishing the job?
 
If that is your scenario, what prevents Eddie from finishing the job?
He thought he did finish the job because Alex fell to the ground after being shot. The same holds true if he was supposed to do it for Alex. Why not shoot him again to finish the "suicide"?

Wide open to any theories. The official stated reason being a botched suicide just doesn't seem to add up, odd points being:

1. Why call in the cavalry when you are the guilty party on a lonely highway?
2. Why go after a fraudulent $10M for your son when he should have $6M coming from his mother's policy?
3. Why would his drug dealer shoot him for free and take a chance that he would end up in jail for it like he did?
4. Why confess to SLED before they come to you if you don't think they have you already?
 
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willybig said:
Wow! I am lying here in my hospital bed at MD Anderson and just turned on the news to see the 1st story was this one! NUTS!


Grazed gunshot to the head?.....just curious

Truthfully hope all is good and out of the hospital soon
 
Here is the most recent AP story (with links to subplot stories surrounding):




outrageous-jackiechiles.gif
That ole redneck from the low country has killed enough deer to know when a person is dead. 100% chance he wasn’t trying to kill Alex
 
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