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Ted DiBiase's Son at Center of Biggest Embezzlement Investigation in Mississippi History  Rate Topic 
 Posted: Thu Feb 6th, 2020 04:10 pm
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Joined: Sun Oct 14th, 2007
Location: New York USA
Posts: 54111
I'm sure his father will pray for him.

The former director of Mississippi’s welfare agency was arrested on charges that he took part in a scheme to embezzle millions of dollars for personal use and to pay for a former professional wrestler to go to a luxury drug rehabilitation center, the state auditor announced on Wednesday.

The director, John Davis, who retired in 2019 from the Department of Human Services, was one of six people charged in what the state auditor, Shad White, said was the largest embezzlement scheme that the office had seen in at least 20 years.

 All six people charged are Mississippi residents, including the former W.W.E. wrestler Brett DiBiase, 31, who state auditors said was paid with welfare funds for teaching classes about drug use. Mr. DiBiase never gave those classes, auditors said, because he was being treated for an opioid addiction at the Rise in Malibu rehab center in California.

 Mr. White said the arrests stemmed from an eight-month investigation into the misappropriation of funds from the Temporary Assistance for Needy Families program, which the state welfare agency administers.

The organization’s executive director, Nancy New, 67, and its assistant executive director, Zack New, 37, were arrested on Wednesday, along with the center’s accountant, Anne McGrew, 63, state auditors said.

 A former Department of Human Services employee, Latimer Smith, 26, was also arrested, according to Mr. White.

 It was not immediately clear Wednesday night if Mr. Davis or the other five charged had lawyers, and no one answered the phone at the homes of Mr. Davis, Ms. New, Mr. New and Mr. Smith. There was also no answer at the main office of the Mississippi Community Education Center in Jackson.

Mr. DiBiase, who comes from a professional wrestling family, did not immediately respond to an email request for comment. A phone number for Ms. McGrew was busy.

State auditors did not say what precipitated the investigation and did not give a specific dollar amount for the money that they say was embezzled, only that it was in the millions. The state auditor’s office said it would not be making any additional comments.

 In a statement, the Department of Human Services said it had “self-reported the information that initiated this investigation” to the governor’s office in June 2019.

 “That report ultimately led to today’s arrests,” it said. “We look forward to this moving through the justice system to a final disposition.”

 State auditors said Ms. New and Mr. New concealed the embezzlement using fund transfers, fraudulent documents, at least one forged signature and deceptive accounting measures. They said Mr. Davis, along with Ms. New and Mr. New, used some of the embezzled funds to invest in medical device companies.

 “I don’t care how politically connected a person may be,” Mr. White said. “You do not have the right to treat taxpayer money as your own or to lie to the taxpayers about what you’re doing with that money. Others doing this kind of thing are on notice: This will not be tolerated now.”

Last edited on Thu Feb 6th, 2020 04:11 pm by srossi

This thread was great before AA ruined it.
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 Posted: Thu Feb 6th, 2020 04:30 pm
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Joined: Tue Jan 22nd, 2008
Location: Bolton, ON
Posts: 3357
Money money money money moneeeyyyyy

Comic Saaaaaannnsss
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 Posted: Thu Feb 6th, 2020 07:04 pm
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Sunny's White Knight

Joined: Fri Aug 13th, 2010
Posts: 4081
Is the dig at his father's religious conversion really necessary or are you just such an insecure twat that you can't stop yourself?

Shaken, but not stirred.
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 Posted: Sat Feb 8th, 2020 03:09 pm
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The Ayatollah Of Rock And Rolla

Joined: Sun Oct 21st, 2007
Location: Dangling From A Rope Of...CONFETTI!!!
Posts: 12160
So, did Dibiase totally "no show" them, or did he have to go to rehab after a "setback", but planned to still teach the classes or at least pay them back?
I guess we don't know the full story. The agency people are screwed though.

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 Posted: Fri Feb 14th, 2020 01:42 pm
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Hall Of Famer

Joined: Tue Nov 13th, 2007
Location: Highspire, Pennsylvania USA
Posts: 18420

The state of Mississippi doled out more than $2.1 million in welfare to a religious and wrestling nonprofit run by former professional wrestler Ted DiBiase Sr., state records show.

DiBiase, who as a wrestler dubbed "The Million Dollar Man" wore a golden championship belt adorned with dollar signs, later turned to preaching and formed a nonprofit in Mississippi called Heart of David Ministries.

Heart of David Ministries had relatively meager funds until DiBiase's son was hired as deputy administrator at the Mississippi Department of Human Services in early 2017. Both DiBiase's son Brett and the director who hired him were indicted last week as part of a massive alleged embezzlement scheme that also involved welfare money.

Heart of David Ministries — which received as much as $900,000 one year from the Mississippi Department of Human Services — describes its central mission in nonprofit filings as "religious education & training." It reported spending its 2017 grant money on "general church speaking engagements, religious conferences, school assemblies, and wrestling events."

The money came through a federal fund called Temporary Assistance for Needy Families, commonly known as welfare. Six people were indicted last week as part of a scheme that allegedly stole more than $4.15 million in welfare money.

Ted DiBiase Sr. was not named in the indictments.

It is unclear precisely how Heart of David Ministries used the $2,126,739 in welfare money it received. The payments began in May 2017 and continued until the current fiscal year. As MDHS officials pumped money into DiBiase's nonprofit, the state was denying more than 98% of its individual applicants for welfare.

Heart of David was vague in describing how it would use the money. It pledged in one 2018 contract to "establish a network of partnerships, services and resources throughout Mississippi communities for faith-based and self activities."

"Million Dollar Man" Ted DiBiase in his wrestling heyday
The man in charge of the state's welfare distribution — including the grants to Heart of David — was John Davis, former director of the Mississippi Department of Human Services. He was among those indicted last week. Davis, who departed DHS last summer, decided to hire DiBiase's son Brett in 2017, agency spokesman Danny Blanton said.

Blanton said the contracts with Heart of David did not go through a bidding process. Davis often would "unilaterally" distribute the federal grant money without bidding, Blanton said.

The agency has since implemented a more robust committee system to review bids before awarding contracts for TANF money and other grants, Blanton said. Heart of David, he added, is no longer receiving grant money from the department.

The Clarion Ledger made several attempts to reach DiBiase and his family. A woman who answered the door at his Clinton home called the Clarion Ledger's past reporting "fictitious." She declined to comment. Attempts to reach the board of directors and other officials connected to Heart of David Ministries were unsuccessful.

DiBiase founded Heart of David Ministries 20 years ago. He has said he became a Christian minister after struggling with alcohol and drugs and cheating on his wife while on the road for wrestling events. As part of the nonprofit, he often travels to speak at churches and events.

“I was traveling the world in Lear jets and limousines. I had it all, but I had succumbed to those things on the road that take us away — the drugs, the booze and the women,” DiBiase told former Arkansas Gov. Mike Huckabee in a 2017 interview. “I had put the most important things in my life at risk to stroke my ego."

Heart of David Ministries does not appear to have filed any tax documents with the IRS for the past two years, despite receiving nearly $2 million in federal funds during that time. As of 2017, its board of directors included a former Ole Miss punter, an Ohio attorney and a Jackson youth minister.

The website for Heart of a David Ministries has few details about the organization and what it does.

Most years, Heart of David received relatively small amounts of donations and grants and no substantial money from the government. In 2013, for example, it pulled in just $5,000 in grants, a number that had grown to more than $80,000 by 2016.

But by 2017 — three months after Brett DiBiase was hired at MDHS — the nonprofit raked in $271,000 in welfare money from the agency. Brett DiBiase is also a former professional wrestler, and it's unclear what qualifications, if any, he had to be a senior official at a state agency. His salary was $95,000 and he left the job after seven months.

In 2017, when Heart of David received $271,000 from the state, the group reported spending nearly $60,000 on website design and maintenance, nearly $30,000 on travel and $13,000 on advertising, among other expenses such as wrestling events. DiBiase Sr. was paid more than $80,000 as president of the organization.

Per federal guidelines, block grants distributed through TANF are supposed to accomplish one of four specific purposes: encouraging healthy families, promoting job preparation and marriage, reducing out-of-wedlock pregnancies, and helping needy families.

As Heart of David received its first infusion of cash from MDHS in 2017, filmmakers put the finishing touches on "The Price of Fame" — a movie about Ted DiBiase Sr.'s struggles and religious awakening.

A trailer for the film said it was made in association with Heart of David Ministries, but the producer and manager behind the film said the nonprofit was not involved. Blanton said the agency has not found signs state funds were used for the movie.

"They say that the love of money is the root of all evil," Ted DiBiase Sr. says early in the film, clad in a tuxedo and brandishing a stack of $100 bills. "Hogwash — with enough of this, you can buy anything."

"22 years of my fucking life just got fucking ruined!!!!"---Fan outside Wrestlemania XXX

PRO WRESTLING HALL OF FAME: (updated September 2 2018)

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 Posted: Fri Feb 14th, 2020 08:18 pm
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The Prophet

Joined: Mon Oct 15th, 2007
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The million dollar man always gets his way.MONEY MONEY MONEY MONEY 

Last edited on Fri Feb 14th, 2020 08:19 pm by krazykid18

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 Posted: Fri Feb 14th, 2020 08:35 pm
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Once a carny, always a carny.

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