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Story perspectives

Ted DiBiase Jr. Acquitted in $77 Million Fraud Case

3/21/2026

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Story summary
  • Ted 'Teddy' DiBiase Jr. was acquitted of 13 charges, including conspiracy and wire fraud.
  • He was the only defendant to face a jury trial.
  • The 2020 scandal began and involved former Mississippi Department of Human Services director John Davis and others with over $77 million in TANF funds misspent.
  • The Mississippi Department of Human Services is pursuing civil recovery of over $20 million.
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