Companies run by former professional wrestler Ted "Teddy" DiBiase Jr. received "sham contracts" in Mississippi and misspent millions of dollars of welfare money, according to a new federal indictment.
DiBiase Jr. and others are accused of using federal funds meant for needy families "for their own personal use and benefit," prosecutors said.
JACKSON, Miss. (AP) Companies run by a former professional wrestler received “sham contracts” in Mississippi and misspent millions of dollars of welfare money that was supposed to help some of the neediest people in the U.S., according to a new federal indictment. The indictment of former wrestler Ted “Teddy” DiBiase Jr., 40, of Madison, […]
A federal indictment has been unsealed charging former professional wrestler Ted DiBiase, Jr. with misappropriating millions of dollars in safety-net funds intended for needy families and low-income individuals in Mississippi. According to court documents, DiBiase, 40, of Madison, along with co-conspirators John Davis, Christi Webb, Nancy New, and others, are.