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, according to a new filing.

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 s

A federal court has reversed the conviction of Alex Murdaugh’s alleged fraud accomplice Russell Laffitte, according to court records. On Thursday, a panel of judges in the US 4th Circuit Court of Appeals handed down a 37-page unanimous ruling overturning Laffitte's conviction.

Russell Laffitte had been serving a seven-year sentence after being convicted on six counts of bank fraud. His conviction was thrown out on appeal.