Alex Murdaugh, Curtis Smith indicted on narcotics, conspiracy charges - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 1, 2022 Newswires
Share
Share
Post
Email

Alex Murdaugh, Curtis Smith indicted on narcotics, conspiracy charges

Anderson Independent-Mail (SC)

Suspended South Carolina attorney Richard "Alex" Murdaugh and one of his alleged accomplices have been indicted on new charges that include narcotics-related crimes in a multi-county area.

On Tuesday, the State Grand Jury unsealed indictments on Murdaugh and Curtis Edward Smith, charging them with criminal conspiracy and narcotics offenses, while Smith was also indicted on additional charges.

Murdaugh and Smith were indicted together on two conspiracy counts, including a narcotics count related to Oxycodone. Smith was also indicted individually for four counts of money laundering, three counts of forgery, trafficking methamphetamine 10-28 grams, one count of unlawful possession of a schedule II controlled substance, and possession of marijuana.

The joint portion of the indictment alleged that the two suspects used hundreds of illegal transactions "to facilitate the acquisition and distribution of illegally obtained narcotics" in a multi-county area.

The indictment out Colleton County, states that between roughly Oct. 7, 2013, and Sept. 7, 2021, Murdaugh, Smith and "other persons known and unknown to the Grand Jury," did conspire to purchase and distribute Oxycodone.

The joint portion of the indictment further alleges that Murdaugh and Smith conspired together to commit financial crimes between the dates of Oct. 7, 2013, through Feb. 28, 2021. During that time period, Murdaugh is accused of providing Smith with at least 437 checks totaling $2,413,754.79 with the understanding that Smith would convert the checks into cash and use a portion of the proceeds for Murdaugh's benefit with the intent of carrying on and concealing "myriad unlawful activities."

Nearly all of the checks were written for amounts less than $10,000 in order to prevent banks from reporting the large currency transactions as required by law, the indictment adds.

Murdaugh drew the checks on accounts at multiple banks, and made the checks payable to various versions of Smith's name, as well as to close associates of Smith, including Smith's daughter and his girlfriend, without their knowledge. Smith then allegedly forged their names on the checks and cashed them at the Enterprise Bank of South Carolina, the indictment states.

Smith, 62, was not previously indicted by the State Grand Jury.

Smith had previously been indicted by the Hampton County Grand Jury on Nov. 4, 2021, for false claim for payment, filing a false police report, conspiracy, pointing and presenting a firearm at a person, assault and battery of a high and aggravated nature, and assisted suicide. Those allegations related to an incident on Old Salkehatchie Road on Sept. 4, 2021, in which Murdaugh allegedly orchestrated a fraudulent insurance scheme where he was reportedly shot and injured. Smith also had been previously indicted by the Colleton County Grand Jury on Nov. 18, 2021, for possession of methamphetamine with intent to distribute and possession of marijuana.

Smith was arrested and booked into the Colleton County Detention Center on Friday, June 24, according to detention center records.

Judge Clifton Newman set Smith's bond at $250,000 and ordered house arrest and ankle monitoring during a hearing at noon Tuesday.

Altogether, through 16 indictments containing 81 charges against Murdaugh, the State Grand Jury has indicted Murdaugh for schemes to defraud victims of $8,492,888.31. Including the local indictments against him, Murdaugh is now charged with a total of 84 crimes.

Older

Automotive Usage Based Insurance Market to See Huge Growth by 2027: Allianz, AXA, Aviva

Newer

Alex Murdaugh charged in money laundering and drug scheme

Advisor News

  • Help child-free clients plan for their later years
  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
  • Three estate planning ideas to protect your clients and their wealth
More Advisor News

Annuity News

  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
More Annuity News

Health/Employee Benefits News

  • Opinion: The Colorado Option is failing to meet the needs of small businesses for healthcare coverage
  • New Managed Care Study Results from Brown University School of Public Health Described (Roles and Priorities Guiding Medicare Advantage Postacute Home Health Referrals): Managed Care
  • Reports Summarize Managed Care Findings from University of Arkansas for Medical Sciences (Potentially Inappropriate Medication Use Following Hospital Discharge Among Medicare Beneficiaries): Managed Care
  • New Cancer Findings from Anuraag R. Kansal and Colleagues Discussed (State Medicaid Budgetary Implications of New Cancers): Cancer
  • 'Not sustainable': Some U.S. small businesses forced to drop health-insurance coverage amid skyrocketing costs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • TDCI reminds consumers to focus on future during Life Insurance Awareness Month
  • TDCI reminds consumers to focus on the future during Life Insurance Awareness Month
  • AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment
  • Understanding Nonequity Split-Dollar
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.