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Ted DiBiase’s Family Is Being Sued For Millions In Financial Mismanagement Lawsuit

Ted DiBiase The Million Dollar Man Article Pic 1 WrestleFeed App

• Ted DiBiase’s Family Is Being Sued For Millions In Financial Mismanagement Lawsuit

WWE Hall of Famer “Million Dollar Man” Ted DiBiase Sr.’s son, Brett DiBiase (former WWE Developmental Wrestler), was arrested in a multi-million dollar public embezzlement case in Mississippi in 2020.

Mississippi’s Department of Human Services is now suing the whole DiBiase family for alleged financial mismanagement.

The Department of Human Services paid Brett $48,000 as a representative of a company called ‘Restore2’. He received the payment using false & fraudulent representations.

The Mississippi Community Education Center paid former WWE World Tag Team Champion Ted DiBiase Jr. to provide training to human services staff in 2018 & 2019, but he made ‘no substantial attempt’ to deliver any training he was contracted to give.

DiBiase Sr. is being accused of defrauding the state in welfare payments of about $2.1 million through his religious non-profit Heart of David Ministries.

The lawsuit claims DiBiase Jr. persuaded then-Mississippi Department of Human Services Director John Davis to funnel $1.7 million to Heart of David Ministries.

In the end, DiBiase Sr. owes the state of Mississippi $1,971,223 in damages. Heart of David Ministries owes the state $1,721,223 in damages. DiBiase Jr. is being sued for $2,897,487, Restore2 is being sued for $48,000 and Brett is being sued for $824,258.

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• Old School Wrestling Veteran Celebrates His Birthday

Old School WCW/WWF Veteran Billy Kidman (Real name: Peter Gruner Jr.) celebrates his 48th birthday today.

Billy Kidman, who was originally trained by Wild Samoan Afa, joined Ted Turner’s World Championship Wrestling in 1996 and stayed with the promotion till the bitter end in March 2001, but the World Wrestling Federation picked up his contract right away and he wrestled for them (later renamed WWE) until 2005.

He was part of various factions during his career, such as The Raven’s Flock (WCW), The Filthy Animals (WCW), The New Blood (WCW) & The WCW/ECW Alliance (WWF).


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