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WWE Star Ted DiBiase Jr. Charged in $3M Fraud Scheme

3/21/2026

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Story summary
  • Ted DiBiase Jr., the former WWE star, faces money laundering, theft, and wire fraud charges in a Mississippi public corruption case.
  • Prosecutors say he misappropriated $3 million in federal welfare funds for personal luxury purchases, including a $1.4 million mansion and a $55,000 boat.
  • Co-conspirators include John Davis, former director of the Mississippi Department of Human Services.
  • The jury is set to begin deliberations as the trial progresses.