Former WWE Superstar Ted DiBiase Jr. has been officially charged with multiple felonies in relation to the welfare fraud scandal in Mississippi.
DiBiase Jr. is being accused of misappropriating millions of dollars that were intended for needy families. He allegedly fraudulently obtained money from the Emergency Food Assistance Program and the Temporary Assistance for Needy Families.
The FBI, HHS-OIG, USDA-OIG, and IRS-CI are investigating the case. The charges include one count of conspiracy to commit wire fraud and to commit theft concerning programs receiving federal funds, six counts of wire fraud, two counts of theft concerning programs receiving federal funds, and four counts of money laundering.
DiBiase Jr. faces up to 5 years in prison should he be found guilty for the conspiracy charge while he faces a maximum of 20 years for each fraud count. There’s more as he faces 10 years for every theft count that concerns “programs receiving federal funds and for each count of money laundering.”
Pwinsider is reporting that Mississippi Southern District Court’s Judge Carlton W. Reeves has recused himself from the criminal trial. Magistrate Judge LaKeysha Greer Isaac will now oversee the trial.
As a result, the trial has a new start date of January 7, 2025.
