A new federal indictment says companies run by an ex-pro wrestler received “sham contracts” in Mississippi and misspent millions of dollars of welfare money.
JACKSON, Miss. — Companies run by a former professional wrestler received “sham contracts” in Mississippi and misspent millions of dollars of welfare money that was supposed to help some of the neediest people in the U.S., according to a new federal indictment.
The indictment is the latest development in a sprawling Mississippi corruption case involving wealthy and well-connected people receiving contracts from the state Department of Human Services from 2016 to 2019. Davis told Webb and New to award contracts in 2017 and 2018 to DiBiase's companies, Priceless Ventures LLC and Familiae Orientem LLC, for social services that the companies did not provide, the indictment said.
If convicted, he would face up to five years in prison for the conspiracy count, up to 20 years for each wire fraud count and up to 10 years for each count of theft concerning programs receiving federal funds and for each count of money laundering, the Justice Department said.
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