WATCH: Bond revoked for man accused in Murdaugh insurance plot
COLUMBIA, S.C. (WIS) - A man accused of involvement in an insurance fraud scheme with Alex Murdaugh is having a bond revocation hearing Thursday.
Prosecutors said the reason for the request to revoke bond lies in an insurance settlement. When bond was initially considered for Smith, he’d told investigators and judge that he’d had no money.
In the weeks before bond was issued records indicated he’d had $58,000 in his checking account. Prosecutors said that was from an insurance settlement of over $70,000 from an alleged fire at his shop. Murdaugh represented him in this case.
They said Smith misrepresented his financial state when he said, “I ain’t got no money.”
In addition, prosecutors raised concerns Smith violated his monitoring terms by visiting various locations while under house arrest, which included trips to pharmacies for his prescriptions.
The judge revoked his bond Thursday, saying he’d violated the terms of his house arrest and potentially had misled the courts on his financial status.
Smith was previously charged in a shooting plot where Murdaugh allegedly provided Smith with a gun and told him to shoot him. Investigators said the purpose of the shooting was to allow Murdaugh’s son to collect a life insurance policy worth up to $10 million.
Smith knew Murdaugh through his work, performing odd jobs and mechanic work for the lawyer. Murdaugh had also previously represented Smith in a workers compensation case.
Murdaugh has become involved multiple legal cases including a bank executive accused of defrauding accounts. Murdaugh was also charged with the murders of his wife and son earlier this year.
- S.C. attorney general wants bond revoked for Murdaugh’s alleged accomplice
- Man accused with Murdaugh in insurance plot to have bond hearing Tuesday
- Lawyer for man accused of shooting Alex Murdaugh says his client is the “fall guy”
- SC Grand Jury indicts Murdaugh, Smith for criminal conspiracy, narcotics
- Alex Murdaugh charged with murders of wife, son; Attorneys release statement
- Former bank executive linked to Alex Murdaugh indicted on conspiracy charges
Copyright 2022 WIS. All rights reserved.
Notice a spelling or grammar error in this article? Click or tap here to report it. Please include the article’s headline.