Motion Filed To Delay Ted DiBiase Jr. Trial

Ted DiBiase Jr, son of WWE Hall of Famer “Million Dollar Man” Ted DiBiase, was in hot water over the largest welfare scam in Mississippi history. Now, it appears that there is a bit of an update, but it will mean a longer wait for Ted Jr.

On June 7th, the Mississippi Southern District Court approved a request by the Federal Government to postpone the trial of former WWE star Ted DiBiase Jr. in Mississippi. This will go on to make Ted DiBiase Jr.’s wait for a trial take more time.

Last month, the government filed a motion stating that both sides needed additional time to review the extensive discovery in the case and prepare for trial or engage in plea negotiations. They argued that delaying the trial served the interests of justice more than proceeding with a speedy trial.

DiBiase Jr. was originally scheduled to go on trial on June 20th after being arrested in April on multiple charges. The indictment against him alleges that he conspired with co-conspirators to fraudulently obtain federal funds from programs such as The Emergency Food Assistance Program (TEFAP) and Temporary Assistance for Needy Families (TANF). These funds were then allegedly misappropriated for DiBiase’s personal use and benefit.

The indictment claims that DiBiase used two companies, Priceless Ventures LLC and Familiae Orientem LLC, to receive funds through sham contracts. These contracts were allegedly used to defraud and steal federal funds from the Mississippi Department of Human Resources and other federal programs. The government asserts that DiBiase received payments from these contracts despite knowing that the recipients were unqualified to provide social services or would not provide them.

According to the indictment, DiBiase misused these funds for various personal expenses, including a down payment on a house, the purchase of a boat, and a vehicle. The government alleges that DiBiase failed to fulfill his contractual obligations.

The indictment provides examples of the alleged sham contracts, including a $500,000 contract for leadership outreach services and a $1 million contract to create the RISE Program for inner-city youth. These contracts were entered into by entities that had received federal funds.

With the trial delayed, the case will continue to be reviewed, and further updates will be provided. We will continue monitoring this ongoing court case here at Ringside News.

What’s your take on this situation with Ted DiBiase Jr? Sound off in the comments!