Ex-WWE star Ted DiBiase Jr. has been indicted for stealing greater than $1.4 million in Mississippi’s huge case of state welfare fraud, in keeping with a report.
DiBiase, the son of WWE legend “Million Greenback Man” Ted DiBiase Sr., faces an extended jail sentence if convicted of fraud, in keeping with AL.com.
Prosecutors say that DiBiase, 43, misused welfare funds to purchase a $1.4 million house and luxurious objects, together with a $55,000 pontoon boat, a $34,000 Kubota tractor, and a $40,000 truck. He’s suspected of “misappropriating tens of millions of {dollars} in federal safety-net funds supposed for needy households and low-income people in Mississippi.”
The indictment says that DiBiase acquired $3 million between 2017 and 2018 from co-conspirator John Davis, the previous director of the Mississippi Division of Human Providers.
Davis has already pleaded responsible to state and federal fees referring to the misuse of tens of tens of millions of {dollars} in welfare funding from the Emergency Meals Help Program (TEFAP) and the Momentary Help for Needy Households (TANF) program.
Two others, Christi Webb and Nancy New, have additionally been implicated within the fraud. Investigators say that Davis was the important thing determine funneling the money to DiBiase.
DiBiase has maintained that the funding was for growing an app for the Division of Well being and Human Providers to struggle poverty in Mississippi.
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