The son of “The Million Dollar Man” used money meant to feed kids to buy a car and boat as well as make a down payment on a house, federal prosecutors alleged. He is the latest to be charged in the largest corruption case in Mississippi.
Federal prosecutors have leveled a legal drop kick on former pro wrestler Ted DiBiase Jr., charging him with stealing millions of dollars meant to feed needy kids in a Mississippi scandal that has also tarnished the reputation of NFL Hall of Famer Brett Favre.
Federal prosecutors say DiBiase, whose father was a star wrestler in the 1980s known as “The Million Dollar Man,” used money misappropriated from the program to buy a car and boat as well as make a down payment on a house. At least five of those sham contracts were given to two companies run by DiBiase, prosecutors said. He is charged with conspiracy, wire fraud, theft from programs receiving federal funds and money laundering. DiBiase faces decades behind bars if convicted.“Criminalizing what, in hindsight, may be fairly characterized as poor fiscal management by the executive branch of state government is a dangerous and worrisome precedent,” Gilbert said.
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