Former WWE Superstar Ted DiBiase Jr. has been charged the now-infamous mississippi welfare scam, as revealed in an unsealed federal indictment From the Justice Department, DiBiase Jr., 40, was accused of misappropriating millions taken from needy families in Mississippi. If that sounds familiar to you, it is the same scandal that brett favre did alleged to be a part of. ,favre denied any iniquity,
DiBiase’s alleged misdeeds “revolved around allegedly awarding sham contracts to various individuals and entities for the delivery of social services, including at least five fictitious contracts made through DiBiase’s companies, Anmol Ventures LLC and Familiae Orientem LLC.” were given to,” per DOJ release. DiBiase did not respond to the allegations one count of conspiracy to commit wire fraud and theft related to programs receiving federal funds, six counts of wire fraud, two counts of theft related to programs receiving federal funds, and four counts of money laundering , And hasn’t tweeted in over a month.
According to the release, DiBiase allegedly used federal funds to put down a down payment on a house, as well as buy a car and a boat. With 13 counts against DiBiase, a conviction could lead to a lengthy prison sentence. There is a maximum prison term of 20 years for each of the six counts of wire fraud, plus 10 years for the other six counts involving money laundering and theft of federal funds. DiBiase’s conspiracy charge comes with a maximum sentence of five years.
Last month his brother Mohd. Bret DiBiase, pleaded guilty to a federal charge related to waste of welfare money,
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DiBiase’s family members The first has denied the allegations and has asked for a similar civil lawsuit to be dismissed.