WWE Hall of Famer Ted DiBiase selling his lakeside home amid embezzlement scandal

Ted DiBiase selling his lakeside home

According to realtor.com WWE Hall of Famer Ted DiBiase has put his lakeside home in Madison, MS up for sale.  

The home, which sits on 1.42 acres overlooks Reunion Lake. The home is 6,000 square and was built in 2010.  DiBiase’s asking price for the home is $1,575,000.

We had reported earlier this year that the state of Mississippi gave over $2.1 million in federal welfare money toTed DiBiase Sr.’s Heart of David non-profit ministry organization. 

In addition, the former director of Mississippi’s welfare agency and DiBiase’s son Brett were both was arrested back in February in the what was the largest public embezzlement case in Mississippi state history. 

Auditors concluded, after an eight-month investigation, that the accused conspired to illegally obtain millions in public funds from the Temporary Assistance for Needy Families (TANF) program administered by DHS. Defendants used a variety of business entities and schemes to defraud the taxpayers.