WWE is one of the most popular and well-known sports entertainment companies of all time. Over the past few decades, it has established itself as one of the pioneers in the industry. However, over the years, the promotion has hired several wrestlers who become living legends, while others navigated a dark path.
WWE legend Ted DiBiase Sr. is one of the most popular and well-known figures in the industry. A true legend, his contribution to wrestling and WWE has made a reverberated impact throughout the industry. However, his son, Ted DiBiase Jr. formerly hired by WWE, recently found himself in major trouble.
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Recently, DiBiase Sr.’s son was arrested over a scandal involving millions of dollars. The authorities charged him earlier this week with 13 felonies involving a scandal worth several million dollars. The funds were intended for needy Mississippi families.
Son of The Million Dollar Man, DiBiase Jr. could now be facing several years in prison if convicted of all the charges pressed against him. However, during such a tough time, his father made his presence known on social media with a comment related to this.
Although his account would first post a meme, he would delete it, and make a statement on the issue. Ted DiBiase Sr. said, “Our family is currently navigating a difficult season and while we cannot speak to these events publicly, we appreciate your prayers during this time.”
He further claimed that he appreciates the support of the fans, and claimed they have been a part of his family for over 40 years. However, Ted DiBiase Jr.’s fans can only pray and hope for the best for him right now. But what exactly are the felonies that Ted DiBiase Jr is charged with?
What are the convictions against Ted DiBiase Jr.?
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Former WWE superstar and son of Ted DiBiase Sr., the 40-year-old began his WWE career alongside Cody Rhodes. However, he would fail to make an impact and would get lost in the shuffle before being eventually sacked by WWE.
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Recently, he was charged with 13 felonies. The Department of Justice of the USA recently issued a press release where they briefly explained his crimes. DiBiase Jr. has been convicted of six counts of wire fraud, one count of conspiracy to commit wire fraud, and to commit theft concerning programs receiving federal funds. Four counts of money laundering, and two counts of theft concerning programs receiving federal funds.
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The punishment for these serious crimes carries serious consequences. And DiBiase Jr. could face a long time inside prison if convicted of the crimes.
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