Ted DiBiase & Sons Ordered To Repay Millions Of Dollars To State Of Mississippi
A conclusion to an audit into one of the state's biggest embezzlement scandals...
Oct 14, 2021
WWE Hall Of Famer Ted DiBiase, Ted DiBiase Jr and Brett DiBiase have been ordered to repay a combined fee totalling millions of dollars back to the state of Mississippi.
The demands come after an auditor reached a conclusion to the biggest embezzlement scandal in Mississippi history.
Mississippi State Auditor Shad White named DiBiase and his sons in a statement issued on Tuesday, as per the Mississippi Free Press, declaring the named individuals had 30 days to repay misspent TANF (Temporary Assistance for Needy Families) money. or would face a civil lawsuit.
"Now that (the federal audit is) complete, we are in a position to demand the illegally spent welfare funds be returned to the state," White said.
Ted DiBiase is being ordered to repay $722,299, which was received by his Christian ministry, Heart of David Ministries. DiBiase Jr is being ordered to repay $3.903 million, while Brett DiBiase is said to owe $225,950.
The audit, and subsequent financial repayment demands, have also reportedly been made to NFL star Brett Favre, The Marcus DuPree Foundation - owned by the NFL player of the same name, and Nancy and Zach New.
Furthermore, a demand was also issued to former Department of Human Services Executive Director John Davis for $96.313 million – including interest – for his role authorising over $77 million in illegal TANF spending.