DiBiase Jr. Faces Decades in Mississippi Welfare-Fund Fraud Case Over Lavish Purchases
Former WWE star Ted DiBiase Jr. is accused in Mississippi’s largest public-corruption case of siphoning TEFAP and TANF welfare funds to his shell companies, using roughly $3 million (2017–2018) to buy a $1.4 million home, a $55,000 pontoon boat and other luxury items, with prosecutors saying the money was misused to fund lavish purchases; he faces up to 120 years in prison if convicted.