Ted DiBiase Jr. Indicted for Welfare Fraud in Mississippi

Former professional wrestler Ted "Teddy" DiBiase Jr. has been charged with conspiracy to commit wire fraud and to commit theft concerning programs receiving federal funds, wire fraud, theft concerning programs receiving federal funds, and money laundering. DiBiase and co-conspirators allegedly 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. The indictment is the latest development in a sprawling Mississippi corruption case involving wealthy and well-connected people receiving contracts from the state Department of Human Services from 2016 to 2019.