Ted DiBiase Jr. Charged With Stealing Millions Of Dollars In Welfare Scandal

Theodore Marvin DiBiase Junior - AKA former WWE star Ted DiBiase Jr. - is facing decades behind bars after being charged with stealing millions of dollars in a welfare scandal.

The Department of Justice announced on Thursday that DiBiase Jr. has been charged with six counts of wire fraud, one count of conspiracy to commit wire fraud and to commit theft concerning programmes receiving federal funds, four counts of money laundering and two counts of theft concerning programmes receiving federal funds.

They allege that the former WWE Tag Team Champion misappropriated government funds intended for low-income individuals and needy families. He is alleged to have pocketed federal funds he received for services he did ultimately not provide, nor intended to provide.

He is accused of using the funds to purchase a boat, another vehicle, and make a down payment on a house (as well as other expenditures).

If convicted, the second-generation wrestler faces up to 20 years in prison for each wire fraud charge, 10 years for each money laundering charge and five years for each conspiracy charge.

DiBiase Jr., along with his brother Brett DiBiase and father Ted DiBiase Sr. were named in a civil suit filed by the Mississippi Department of Human Services last May, relating to the scandal. It was alleged that DiBiase Jr. owed $2,897,487.

Ted DiBiase Jr. worked for WWE between 2006 and 2013. He was famously a member of The Legacy stable, alongside Randy Orton and Cody Rhodes.

According to PWInsider, DiBiase Jr. appeared in court yesterday and pleaded 'not guilty' to all charges.