Former WWE wrestler Theodore Marvin DiBiase Jr. charged in Mississippi welfare scandal

Former WWE wrester Theodore Marvin DiBiase Jr., son of wrestling legend Ted "The Million Dollar Man" DiBiase Sr., has been charged with using millions of dollars intended to help needy families in Mississippi to buy himself a boat, a vehicle and a house, according to a newly unsealed federal indictment. 

Prosecutors charged the 40-year-old DiBiase Jr. with conspiracy to commit wire fraud and to commit theft concerning programs receiving federal funds, as well as multiple counts of wire fraud, theft concerning programs receiving federal funds, and four counts of money laundering, prosecutors said. 

DiBiase Jr. and others allegedly used federal funds from The Emergency Food Assistance Program (TEFAP) and the Temporary Assistance for Needy Families (TANF) program "for their own personal use and benefit," according to prosecutors.