Ted DiBiase Sr. Involved In $24 Million Dollar Lawsuit Scandal

Ted DiBiase Sr. Involved In $24 Million Dollar Lawsuit Scandal WWE

Mississppi’s Department of Human Services has filed a lawsuit against 38 people, including WWE Hall of Famer Ted DiBiase and his son, Ted DiBiase Jr.

The civil lawsuit, which is hoping to take back around $24 million in federal funds, is targeting a number of high-profile names in sport, including NFL legend Brett Favre, former NFL star Marcus Dupree, and former linebacker Paul Lacoste, among others.

Bob Anderson, who is the Executive Director of MDHS, said:

“Governor Tate Reeves tasked me with correcting the path of MDHS.

“As part of that process, MDHS has been working hard to restore trust and put in place numerous internal controls to ensure that misspending is not repeated in the future. The rest of the task involves recovering and returning to the taxpayers the millions of dollars in misspent funds which were intended to benefit Mississippi’s needy families. We begin that task today with the filing of this civil complaint.

“This is our initial complaint, as in any civil lawsuit, as discovery proceeds, we anticipate that additional parties and additional claims may be added or changed as the matter moves forward.”

Specifically, the lawsuit has asked for damages, plus additional awards for legal fees of $2,897,487 from Ted DiBiase Jr., $1,971,223 from Ted DiBiase Sr., and $824,258 from Brett DiBiase.

Brett DiBiase, who was once a developmental talent in WWE, admitted in December 2020 that he was guilty of making fraudulent statements for the purposes of defrauding the government. He was criminally indicted in one of the biggest embezzlement scandals in the Mississippi Department of Human Services’ history.

He agreed at the time to pay $48,000 in restitution with his sentencing being deferred.

According to a follow-up report from the Associated Press, Ted DiBiase Sr.’s organisation, the Heart of David Ministries, allegedly received more than $2.1 million in welfare from the state of Mississippi after his son Brett started working for the state. According to the article, Heart of David Ministries spent all $2,126,739 it had received.

For full details on this case, the Mississippi Department of Human Service has posted the findings of its audit here.

For more details, PWInsider has a detailed report of all key moments from the lawsuit.

To make sure you stay updated with all the latest wrestling news, add WrestleTalk.com to your Google Discover feed and follow us on Twitter!

2 years ago by Andy Datson

Trending

Get the latest wrestling news straight to your inbox

By submitting this form, you are consenting to receive marketing emails from WrestleTalk