‘Million Dollar Man’ Ted DiBiase’s Son Admits Guilt In Embezzlement Case

Brett DiBiase, son of WWE Hall Of Famer “Million Dollar Man” Ted DiBiase was involved in a huge embezzlement case in Mississippi. He has now admitted guilt in this situation.

Mississippi Today’s Anna Wolfe reports that Brett DiBiase has pled guilty to making fraudulent statements. The former WWE developmental talent was involved in the largest embezzlement case in Mississippi’s history.

BREAKING: Brett DiBiase is pleading guilty to making fraudulent statements. He is the former pro wrestler charged within what @MSStateAuditor calls the largest public embezzlement case in state history. His luxury drug rehab stay was allegedly paid for with #TANF welfare dollars.

The charge deals with $48,000 he received under a contract with @MS_DHS for work he didn’t complete. In pleading guilty to fraud, conspiracy charge is dropped. He’s agreed to help the state in its remaining cases. Sentencing delayed. He also presented $5k in restitution today.

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At this time no sentence has been handed down from the judge. His sentencing is current delayed. That $5,000 in restitution is a start, but it’s only going to take a chip out of the total amount that Brett DiBiase was a part of taking.