Ted DiBiase Jr. Charged with Stealing Millions in Welfare Scandal.

Former WWE Tag Team Champion Ted DiBiase Jr. has been charged with multiple felonies, including conspiracy to commit wire fraud and theft concerning programs receiving federal funds, as well as money laundering. DiBiase and his co-conspirators are accused of fraudulently obtaining federal funds intended for needy and low-income families and using the money for personal benefit. DiBiase allegedly used the funds to buy a car, a boat, and make a down payment on a home. He faces up to 20 years in prison for each of the wire fraud charges and up to 10 years for each count of theft concerning programs receiving federal funds and money laundering.