The Mississippi Dept. of Human Services sued ex-NFL star Brett Favre and 3 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.
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 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.
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Mississippi sues Brett Favre, pro-wrestlers over alleged misuse of millions in welfare funds intended for state's poorest residentsThe lawsuit says the defendants 'squandered' more than $20 million in money from the Temporary Assistance for Needy Families anti-poverty program.
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State files lawsuit to recoup $24 million in welfare funds from Brett Favre, WWE wrestlers and 34 other people or companiesICYMI MDHS is suing 38 individuals or entities it says took welfare money from the state. The lawsuit asks for millions in damages and legal fees from defendants such as John Davis, Brett Favre, Nancy New, Zachary New and more. Full story:
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Mississippi sues Favre, wrestlers, over welfare misspendingThe 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.
Les mer »
Mississippi sues Brett Favre, pro-wrestlers over alleged misuse of millions in welfare funds intended for state's poorest residentsThe lawsuit says the defendants 'squandered' more than $20 million in money from the Temporary Assistance for Needy Families anti-poverty program.
Les mer »
State files lawsuit to recoup $24 million in welfare funds from Brett Favre, WWE wrestlers and 34 other people or companiesICYMI MDHS is suing 38 individuals or entities it says took welfare money from the state. The lawsuit asks for millions in damages and legal fees from defendants such as John Davis, Brett Favre, Nancy New, Zachary New and more. Full story:
Les mer »