New Trial Date Set For Ted DiBiase Jr In Mississippi Welfare Fraud Case

Ted DiBiase Jr. has a new trial date.

Ted DiBiase Jr. has a new trial date.

Per Mike Johnson of PWInsider, there was a hearing regarding the case against Ted DiBiase Jr. before Judge Carlton W. Reeves of the Mississippi Southern District Court on October 16. DiBiase Jr. had been se to stand trial on June 20 following his arrest in April 2023, as he has been charged with one count of conspiracy to commit wire fraud and to commit theft concerning programs receiving federal funds, six counts of wire fraud, two counts of theft concerning programs receiving federal funds, and four counts of money laundering.

Previously, the government filed a motion that noted that both sides needed more time to review the case and prepare for trial or negotiate a plea. Following the hearing, DiBiase Jr. is now set to stand trial on July 16, and the pre-trial conference is scheduled for June 21. Per Johnson, the judge ruled that Jury Instructions, Witness List, and the exhibit list are due by July 12.

The indictment against DiBiase and his co-conspirators alleges them of fraudulently obtaining millions of dollars from federal funds that were meant to help needy families and low-income individuals. DiBiase Jr. previously pladed not guilty and was released on an unsecured $10,000 bond.

Additionally, the indictment claims that DiBiase’s companies entered into five “sham contracts” and received either full payments or nearly full payments, which he used for his own gain.

Per the DOJ, If convicted, DiBiase faces a maximum penalty of five years in prison for the conspiracy count, a maximum penalty of 20 years in prison for each wire fraud count, and a maximum penalty of 10 years in prison for each count of theft concerning programs receiving federal funds and for each count of money laundering.

He also faces up to a $250,000 fine on the wire count fraud counts, up to a $250,000 fine on the charges of theft involving programs receiving federal funds, and up to a $250,000 fine for charges of Monetary Transactions in Excess of $10,000 with the Proceeds of Specified Unlawful Activity.

Previously, Brett DiBiase pleaded guilty to one count of conspiracy to defraud the US in March.

Fightful will continue to monitor the story as it unfolds.