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Mississippi sues...
#1
Mississippi sues Favre, wrestlers, over welfare misspending

JACKSON, Miss. — The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre and three former pro wrestlers along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.
The lawsuit says the defendants "squandered" more than $20 million in money from the Temporary Assistance for Needy Families anti-poverty program.
The suit was filed less than two weeks after a mother and son who ran a nonprofit group and an education company in Mississippi pleaded guilty to state criminal charges tied to the misspending. Nancy New, 69, and Zachary New, 39, agreed to testify against others in what state Auditor Shad White has called Mississippi's largest public corruption case in the past two decades.
In early 2020, Nancy New, Zachary New, former Mississippi Department of Human Services executive director John Davis and three other people were charged in state court, with prosecutors saying welfare money had been misspent on items such as drug rehabilitation in Malibu, California, for former pro wrestler Brett DiBiase.
DiBiase is a defendant in the lawsuit filed Monday in Hinds County Circuit Court, as are his father and brother who were also pro wrestlers, Ted DiBiase Sr. and Ted "Teddy" DiBiase Jr.
Ted DiBiase Sr. was known as the "The Million Dollar Man" while wrestling. He is a Christian evangelist and motivational speaker, and he ran Heart of David Ministries Inc., which received $1.7 million in welfare grant money in 2017 and 2018 for mentorship, marketing and other services, according to the lawsuit.
White last year demanded repayment of $77 million of misspent welfare funds from several people and groups, including $1.1 million paid to Favre, who lives in Mississippi. Favre has not been charged with any criminal wrongdoing.
White said Favre was paid for speeches but did not show up. Favre has repaid the money, but White said in October that Favre still owed $228,000 in interest. In a Facebook post when he repaid the first $500,000, Favre said he did not know the money he received came from welfare funds. He also said his charity had provided millions of dollars to poor children in Mississippi and Wisconsin.
https://www.startribune.com/mississippi-...600171829/
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#2
The lawsuit filed Monday said Favre at one time was the largest individual outside investor and stockholder of Prevacus, a Florida-based company that was trying to develop a concussion drug. The suit said that in December 2018, Favre urged Prevacus CEO Jake VanLandingham to ask Nancy New to use welfare grant money to invest in the company.
The suit also said Favre hosted a Prevacus stock sales presentation at his home in January 2019, attended by VanLandingham, Davis, Nancy New, Zach New and Ted DiBiase Jr., and that an agreement was reached to spend "substantial" welfare grant money in Prevacus and later in its corporate affiliate PreSolMD Inc.
The suit said the stock was in the names of Nancy New and Zach New but was also for the financial benefit of Favre, VanLandingham and the two companies. The lawsuit demands repayment of $2.1 million in welfare grant money that was improperly paid to the two companies in 2019.
The Associated Press on Monday called a number once listed for Favre Enterprises and a recording said it was no longer in service.
Attorney General Lynn Fitch and Gov. Tate Reeves said in a joint statement Monday: "Our purpose with this suit is to seek justice for the broken trust of the people of Mississippi and recover funds that were misspent."


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#3
Favre is the Welfare King of Mississippi one of the poorest States in the Country!

Pure Greed by all those involved.  
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#4
Favre got duped perhaps? Can’t see him “masterminding” much of anything, who knows…
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#5
Quote: @purplefaithful said:
The lawsuit filed Monday said Favre at one time was the largest individual outside investor and stockholder of Prevacus, a Florida-based company that was trying to develop a concussion drug. The suit said that in December 2018, Favre urged Prevacus CEO Jake VanLandingham to ask Nancy New to use welfare grant money to invest in the company.
The suit also said Favre hosted a Prevacus stock sales presentation at his home in January 2019, attended by VanLandingham, Davis, Nancy New, Zach New and Ted DiBiase Jr., and that an agreement was reached to spend "substantial" welfare grant money in Prevacus and later in its corporate affiliate PreSolMD Inc.
The suit said the stock was in the names of Nancy New and Zach New but was also for the financial benefit of Favre, VanLandingham and the two companies. The lawsuit demands repayment of $2.1 million in welfare grant money that was improperly paid to the two companies in 2019.
The Associated Press on Monday called a number once listed for Favre Enterprises and a recording said it was no longer in service.
Attorney General Lynn Fitch and Gov. Tate Reeves said in a joint statement Monday: "Our purpose with this suit is to seek justice for the broken trust of the people of Mississippi and recover funds that were misspent."
I don't know about being "duped" when he is the one asking and hosting?  Of course, white collar crime is hardly punished, and Favre will get away with a fine/penalty and probation.  Just think of the hoopla if a couple welfare queens ripped off the State to the tune of millions, it would be a witch hunt making national news daily.  This has been pretty quite since it was revealed last year.  Favre paid back about 600K of the 880K he owed for being paid for appearances that he didn't even attend.  I don't think he was "duped" into not appearing but still collecting the $$$$.  The Evangelical/WWE DiBiase guy and his sons owed the State even more.  

The New's ripped off the State by using the welfare money to start a for profit charter school.  Just greed and corruption on all there parts.  
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#6
Yes, that’s what the suit says, so of course it’s true.[Image: zaz2jge1z1v7.jpeg]
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#7
Quote: @Kentis said:
Yes, that’s what the suit says, so of course it’s true.[Image: zaz2jge1z1v7.jpeg]
And your intimate knowledge of the fraud is that Favre was "Duped" Smile

Oh my, Millionaire duped again.  
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#8
Quote: @minny65 said:
@Kentis said:
Yes, that’s what the suit says, so of course it’s true.[Image: zaz2jge1z1v7.jpeg]
And your intimate knowledge of the fraud is that Favre was "Duped" Smile

Oh my, Millionaire duped again.  

Read the same damn article as you…
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#9
Quote: @Kentis said:
@minny65 said:
@Kentis said:
Yes, that’s what the suit says, so of course it’s true.[Image: zaz2jge1z1v7.jpeg]
And your intimate knowledge of the fraud is that Favre was "Duped" Smile

Oh my, Millionaire duped again.  

Read the same damn article as you…
You read the same damn article and you think perhaps Favre was "Duped".  He was paid for speaking engagements from welfare money that he did not attend?  Is that being Duped?  
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#10
Quote: @minny65 said:
@Kentis said:
@minny65 said:
@Kentis said:
Yes, that’s what the suit says, so of course it’s true.[Image: zaz2jge1z1v7.jpeg]
And your intimate knowledge of the fraud is that Favre was "Duped" Smile

Oh my, Millionaire duped again.  

Read the same damn article as you…
You read the same damn article and you think perhaps Favre was "Duped".  He was paid for speaking engagements from welfare money that he did not attend?  Is that being Duped?  

I was referring to his involvement in the concussion drug grant money, doubt awe shucks Favre cooked that up is all, not saying he wasn’t involved obviously. & of course I don’t have intimate knowledge of the fraud, anymore than you do…
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