Ted DiBiase Jr. to Face New Trial Date in Fraud Case

Ted DiBiase Jr. to Face New Trial Date in Fraud Case
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A new trial date has been scheduled in the case of wire fraud and more against Ted DiBiase Jr.

According to a report from Pwinsider, the trial begin on July 16th, 2024. A hearing regarding the matter was held yesterday in Mississippi. A pre-trial conference will be taking place on June 21st, 2024.

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Back in April, DiBiase Jr. was charged one count of conspiracy to commit wire fraud and to commit theft concerning programs receiving federal funds, six counts of wire fraud, two counts of theft concerning programs receiving federal funds, and four counts of money laundering in the Mississippi Welfare fraud scandal. He has pled not guilty.

The charges are related to the scandal regarding misappropriation of funds from the Mississippi Emergency Food Assistance Program (TEFAP) and the Temporary Assistance for Needy Families (TANF) programs. If convicted, DiBiase Jr. faces maximum penalty of five years for the charge of conspiracy, a maximum of 20 years for each wire fraud count, and a penalty of 10 years for each count of theft and each count of money laundering.

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Former professional wrestler Ted DiBiase Jr. is facing charges of wire fraud and more in a trial scheduled to begin on July 16th, 2024. The trial date was set after a hearing held in Mississippi, with a pre-trial conference set for June 21st, 2024.

DiBiase Jr. was charged in April with one count of conspiracy to commit wire fraud and theft concerning programs receiving federal funds, six counts of wire fraud, two counts of theft concerning programs receiving federal funds, and four counts of money laundering. He has pleaded not guilty to these charges.

The charges stem from the Mississippi Welfare fraud scandal, which involves the misappropriation of funds from the Mississippi Emergency Food Assistance Program (TEFAP) and the Temporary Assistance for Needy Families (TANF) programs. If convicted, DiBiase Jr. could face a maximum penalty of five years for conspiracy, 20 years for each wire fraud count, and 10 years for each count of theft and money laundering.

It is important to note that these are allegations at this stage, and DiBiase Jr. is presumed innocent until proven guilty in a court of law.

For wrestling fans looking to stay updated on the latest news, eWrestlingNews.com provides comprehensive coverage. Additionally, you can follow them on Twitter and Facebook for regular updates.

It remains to be seen how this legal situation will unfold for Ted DiBiase Jr., but it serves as a reminder that even those in the public eye can face legal challenges.