Former World Wrestling Entertainment (WWE) Ted DiBiase Jr. , a descendant of the famous “Million Dollar Man”, finds himself in the ludicrous position of being able to serve a prison sentence for tax evasion, in Mississippi.
The 40-year-old is accused of fraudulently obtaining federal funds from the Emergency Food Assistance Program and the Temporary Assistance Program for Families in Need, according to a statement from the US Department of Justice obtained by WAPT-TV.
“DiBiase allegedly used federal funds to purchase a car, a boat, and a down payment on a home, among other expenses,” the attorney general said.
The American, who pleaded not guilty Thursday, faces a maximum sentence of 185 years in prison. He faces charges of “conspiracy to commit fraud and theft related to programs receiving federal funds,” “wire fraud,” “theft related to programs receiving federal funds,” and “silver laundering.”
He will be arraigned on June 19.
Ted DiBiase Jr. worked for WWE from 2007 until his retirement in 2017. He has always played the character of an arrogant millionaire, much like his father did before him.
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