To answer your specific question about using three panels instead of 1, I would suggest two. There's rarely a need to create a panel just to create a single widget. So, one widget for the name and sentence, one for the crime.
As for the question about "is there a better way to design this"?... It sounds like you are learning, so I suggest you don't focus too much on the perfect way to do it. Stick with your original design then after the task is done ask yourself what worked* and what didn't. With that information you'll be able to decide for yourself whether what you did was the right design.
There usually isn't a "best" when designing GUI code -- there are many ways to solve the problem. What you've described sounds like a perfectly good way to attack the problem
(*) "worked" in this context means, was it easy to code? Did it allow you to achieve the layout you desired? Does it make the code maintainable over time if, for example, a requirement comes down to reorganize the GUI?.