WWE Legend The Million Dollar Man Is Being Sued For ‘Squandering $20 Million In Welfare’

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Anybody who watched Ted DiBiase on WWF growing up knows he wouldn’t be involved in any dodgy money-making schemes. After all he’s the Million Dollar Man – the richest wrestler to ever step into the ring. Why would he need to “squander” $20 million from an anti-poverty program?

Well according to USA Today, that’s exactly what he (and four others – including retired NFL quarterback Brett Favre) are being accused of doing by The Mississippi Department of Human Services:

The lawsuit says the defendants “squandered” more than $20 million in money from the Temporary Assistance for Needy Families anti-poverty program.

The suit was filed less than two weeks after a mother and son who ran a nonprofit group and an education company in Mississippi pleaded guilty to state criminal charges tied to the misspending. …  with prosecutors saying welfare money had been misspent on items such as drug rehabilitation in Malibu, California, for former pro wrestler Brett DiBiase. …

DiBiase is a defendant in the lawsuit filed Monday in Hinds County Circuit Court, as are his father and brother who were also pro wrestlers, Ted DiBiase Sr. and Ted “Teddy” DiBiase Jr.

Ted DiBiase Sr. was known as the “The Million Dollar Man” while wrestling. He is a Christian evangelist and motivational speaker, and he ran Heart of David Ministries Inc., which received $1.7 million in welfare grant money in 2017 and 2018 for mentorship, marketing and other services, according to the lawsuit.

Jeez – that doesn’t sound good. It’s just hard to believe The Million Dollar man would do such a thing. OK he may have been cruel and vicious in the ring, but he was always nice enough to stuff an $100 bill into his opponent’s mouth after KO’ing them with the Million Dollar Dream. Not to mention how well he paid his servant Virgil to take whoopings on his behalf and carry his Million Dollar Belt and whatnot.

I just can’t believe The Million Dollar man would stoop so low as to take millions of dollars that were intended to help some of the poorest people in America. I hope it turns out not to be true, and I guess we’ll find out when Ted DiBiase has his day in court. Bribe to the judge incoming? Remember – everybody has a price for The Million Dollar Man!

For our Pro Wrestling Flashback feature, click HERE. Featuring DX, Macho Man Randy Savage and more.

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