Brett DiBiase, the son of the well-known former wrestler Ted DiBiase, is in hot water, arrested as part of a federal welfare scam in which $4 million was allegedly stolen that was supposed to go to a nonprofit organization.
Of that cash, at least $48,000 was used to pay for his drug rehab, indictments issued Wednesday revealed. The former head of the Mississippi welfare agency and others are in trouble for what Republican Auditor Shad White called a “sprawling conspiracy.”
The son of the “Million Dollar Man” and a former wrestler himself, the 36-year-old DiBiase allegedly received $48,000 to get help for his drug addiction. In an attempt to cover it up, the payments allegedly were made by the department’s former director, John Davis, and Nancy New, owner and director of the Mississippi Community Education Center and New Learning Resources, to make it look as if DiBiase was being paid to teach classes about drug abuse.
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Invoices and other records were allegedly falsified.
How much is the Million Dollar Man Ted DiBiase worth?
Ted DiBiase net worth: $1 Million
Ted DiBiase net worth: Ted DiBiase is an American former professional wrestler, manager, ordained minister, and commentator who has a net worth of $1 million dollars. Ted DiBiase, also known as Theodore Marvin Wills, was born in Miami, Florida.
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He went on to attend West Texas State University on a football scholarship. However, after an injury ended his ability to play football his senior year, he left school to launch a career in wrestling. He began wrestling on the Mid-South Wrestling circuit in the mid-70s, and then went on to wrestle briefly with the World Wrestling Federation, and then with NWA, Mid-South again, and All Japan Pro Wrestling.
In 1987, he returned to the World Wrestling Federation, where he became immensely popular as “The Million Dollar Man”. He would wrestle professionally until 1993, and then returned sporadically through 1996. He has also worked as a manager, creative consultant, and commentator. He is an ordained minister, and has published two books.
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