Ted DiBiase Jr. never lived up to his father’s fame as a professional wrestler during his time in WWE. However, he will now be remembered as someone who ended up embezzling millions of dollars in a massive scam. Now it appears he was released from prison after paying bond.
Ted DiBiase Jr. is involved in Mississippi’s largest welfare embezzlement scam in the state’s history and is facing numerous serious charges. The son of The Million Dollar Man pled guilty to one count of conspiracy to defraud the United States.
Brett DiBiase previously pled guilty to two charges in Hinds County Circuit Court. He was also charged with six counts of wire fraud and four counts of money laundering. The former WWE Superstar is currently facing up to five years in federal prison and a fine of up to $250,000 in addition to his sentence in state court.
On April 21, Ted DiBiase Jr. was released from jail after paying bond while he awaits his trial for the case. He was also asked for a comment after news of his release was made public.
Nah, Jesus loves you brother and God bless you man.”
Ted DiBiase has already commented on his son’s arrest. Only time will tell how the case will progress in the coming months, but it certainly does not look good for Ted DiBiase Jr. right now.
What’s your take on this criminal case? Do you think Ted DiBiase Jr. will be imprisoned for a very long time? Sound off in the comments!