The United States Department of Justice issued a statement stating charges brought against Ted DiBiase Jr. for conspiracy, wire fraud, theft, and money laundering as it pertains to programs receiving federal funds in the state of Mississippi.
These charges (with multiple counts) are related to DiBiase and companies he is in charge of essentially found misappropriating millions of dollars in federal safety-net funds, intended for needy families and low-income individuals.
If convicted, DiBiase could face multiple penalties in the form of prison time, based on the various counts of conspiracy, wire fraud, theft, and money laundering.
The full statement, including the details of the alleged crimes and the charges associated, can be found on the DOJ website.