Palmetto State Bank's Relationship With Ellic Murdoch

In 2005 South Carolina passed the Tort Reform Act which completely changed the face of how partners at PMPED had operated for generations. The motion states that quote questions arose regarding the bank's involvement in knowledge of Murdoch's banking activities. In February 2015 Palmetto State Bank gave Ellic a revolving line of credit for $500,000 which he secured with all seven tracks of Mozzell. Two days after the 2013 transaction, so two days after Ellic took the land from suspected drug trafficker Barrett Bowler as collateral for a supposedly unpaid mortgage owed to Ellic. He was basically agreeing to give him a second mortgage for property that they already had a claim to because the collateral was already

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