US EditionProsecutors say former WWE wrestler spent welfare money on $1.4M home, boat and tractor
Ted DiBiase Jr. faces charges after prosecutors say he diverted nearly $3 million in Mississippi welfare funds for personal use, including luxury items and real estate.
- The jury is now deliberating in the corruption trial of former WWE wrestler Ted DiBiase Jr., who faces charges of money laundering, theft, wire fraud, and conspiracy related to welfare funds.
- Prosecutors allege former Mississippi Department of Human Services director John Davis funneled welfare funds to two non-profits and directed "sham contracts" to DiBiase's companies for undelivered services.
- Testifying on financial records, an FBI forensic accountant stated DiBiase received more than $2.9 million, allegedly used to buy a $1.4 million home, a $55,000 boat, a $34,000 tractor, and a $40,000 truck.
- DiBiase's defense attorneys argued he earned the contracts through work on a poverty-combating app, while the 43-year-old defendant faces up to 120 years in prison if convicted.
- Related figures include Ted DiBiase Sr., former wrestler, and NFL legend Brett Favre, while his brother Brett DiBiase has already pleaded guilty.
15 Articles
15 Articles
Ex-WWE star Ted DiBiase Jr faces prison over corruption allegations
Former WWE star Ted DiBiase Jr is facing decades behind bars if found guilty in a corruption scheme in which he allegedly used stolen welfare funds to buy a $1.4m mansion, a boat, a tractor, as well as a truck, prosecutors have said.
Defense wraps up closing arguments in DiBiase Jr. welfare fraud case
Defense wraps up closing arguments in DiBiase Jr. welfare fraud case JACKSON, Miss. (WLBT) – The defense has wrapped up its closing arguments in the Ted DiBiase Jr. welfare fraud trial. DiBiase is facing multiple counts in connection with his role in the largest welfare fraud case in state history. [READ: Ted DiBiase Jr. welfare fraud trial: Judge denies motion to dismiss as defense begins case] It’s unclear if jury deliberations will begin toda…
The Independent
The Independent (US)Ex-WWE star ‘bought $1.4M mansion, luxury boat and tractor with stolen welfare funds’
Former wrestler allegedly stole millions from welfare programs designed to assist some of the state's poorest and most vulnerable people
Ex-WWE star Ted DiBiase Jr. purchased $1M home, boat with stolen welfare funds in Mississippi’s largest fraud case: prosecutors
Ted DiBiase Jr., whose father is WWE legend 'Million Dollar Man' Ted DiBiase Sr., is facing decades behind bars as prosecutors rested their case on Wednesday.
Coverage Details
Bias Distribution
- 55% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
