The banker who prosecutors say helped Alex Murdaugh move millions of dollars around to avoid detection of his thefts in exchange for a share of the money has had his conviction and seven-year prison sentence overturned on appeal.

A Fourth Circuit federal appellate tribunal composed of U.S. Circuit Court Judges G. Steven Agee, Stephanie Thacker, and Toby J. Heytens rendered the Nov. 14 order that vacated the conviction from the U.S. District Court of South Carolina, and the sentence imposed by federal Judge Richard Gergel.

Russell Laffitte has maintained he is innocent of helping ex-attorney Alex Murdaugh steal millions of dollars from his law clients.

Laffitte, 53, has been serving a seven-year sentence at the minimum-security Coleman Low Federal Correctional Institution in Sumterville, Fla., It was not immediately known how the Nov. 14 ruling from the 4th U.S. Circuit Court of Appeals in Richmond, Va., would affect his detention or whether federal prosecutors would seek to retry the case.

CHARLESTON, S.C. (WCBD) – A court of appeals has overturned the sentence and conviction of Russell Laffitte, the former banker and Alex Murdaugh accomplice who was sent to prison for a slew of financial-related crimes, according to new court filings.

The removal of a juror during jury deliberations at his bank fraud trail violated Hampton County banker Russell Laffitte’s right to an impartial jury, a 4th Circuit Court of Appeals panel ruled.

A court has overturned the conviction and sentence of a man accused of conspiring with Alex Murdaugh to commit fraud.

Former banker and alleged Alex Murdaugh co-conspirator Russell Laffitte's federal conviction was vacated Thursday by the 4th U.S. Circuit Court of Appeals, acco