Friday, June 21, 2024

Former WWE wrestler Theodore Marvin DiBiase Jr. charged with Mississippi welfare scam


Former WWE wrestler Theodore Marvin DiBiase Jr., son of wrestling legend Ted “The Million Dollar Man” DiBiase Sr., has been accused of using millions of dollars to buy himself a boat, a vehicle, and a house to help needy families in Mississippi. has been accused of. According to a new unsealed federal indictment,

Prosecutors charged DiBiase Jr., 40, with conspiracy to commit wire fraud and theft related to programs receiving federal funds, as well as multiple counts of wire fraud, theft related to programs receiving federal funds, and four counts of money laundering. Was accused. prosecutors said.

According to prosecutors, DiBiase Jr. and others allegedly used federal funds from the Emergency Food Assistance Program (TEFAP) and the Temporary Assistance for Needy Families (TANF) program “for their own personal use and benefit.”

Prosecutors allege that after federal funds were released to the Mississippi Department of Human Services (MDHS), former executive director John Davis transferred MDHS to the Family Resource Center of North Mississippi Inc., a nonprofit organization operated by Christy Webb. (FRC) was directed to provide funds. , and the Mississippi Community Education Center (MCEC), run by Nancy New.

Davis then allegedly directed Webb and New to “allegedly award fake contracts to various individuals and entities for the delivery of social services, including at least five fake contracts that were made through DiBiase Jr.’s companies, Prelace Ventures LLC.” and were given to Familia Orientum LLC,” prosecutors said.

DiBiase Jr. allegedly used these federal funds to buy himself a vehicle and a boat, and to make a down payment for a house, according to prosecutors, among other things.

If convicted, DiBiase Jr. faces up to five years in prison for one count of conspiracy, up to 20 years in prison for each wire fraud count, and 10 years for each count of theft related to programs receiving federal funds. Even have to face jail. count of money laundering, prosecutors said.

The latest update on the indictment is Mississippi Welfare Scam Including retired NFL quarterback Brett Favre.

In February, Favre sued the state auditor and two sportscasters, accusing them of defaming him in public discussions about the scandal.

Favre is not facing criminal charges in the Mississippi welfare scandal, but he is one of more than three dozen people or businesses sued for attempting to recover misappropriated funds through the state’s Temporary Assistance for Needy Families program. doing.

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