Former WWE wrestler Ted DiBiase Jr. faces more than a dozen charges in stealing millions of dollars from the Temporary Assistance for Needy Families anti-poverty program that is set aside for underprivileged families and low-income people in Mississippi.
DiBiase was charged with “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,” according to a federal indictment that was unsealed Thursday.
If DiBiase is convicted on the charges, he could face up to “five years in prison on the count of conspiracy, up to 20 years for each wire fraud count as well as 10 years for each count of stealing” involving programs receiving federal funding as well as money laundering, according to a statement from the Department of Justice.
