Washed Up 45 and Vince McMahon have paid hush money to women for years. Time's up for these two. They are not untouchable. |
Vince McMahon is out again at WWE. He is taking an indefinite leave after it appears the feds came knocking on his door. The hush money payments to numerous mistresses done him in. Dana White is another figure who allegedly paid hush money to women. He may be next.
Like Washed Up 45, McMahon supported the Republicans and his long suffering wife Linda McMahon in her failed attempts for Senate and governor of Connecticut. She had a brief stint as Small Business Administration director and 2020 campaign advisor.
WWE also revealed Wednesday that McMahon “went on medical leave after undergoing major spinal surgery.”
McMahon’s leave began July 21, and he will “remain on medical leave until further notice but will remain Executive Chairman” of WWE, the company said in its quarterly report to the Securities and Exchange Commission.
Reached for comment Wednesday, the company said it believes the subpoena and search warrant are “a continuation of the investigation that commenced last summer. WWE has cooperated throughout and fully understands and respects the government’s need for a complete process.”
McMahon, in a separate statement, told CNBC: “I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing.”
In April, WWE agreed to merge with rival UFC to form a new publicly traded company controlled by Endeavor Group.
WWE and Endeavor both expect the deal to close in the second half of this year, WWE said Wednesday.
The search warrant and subpoena on July 17 came a year after news first broke that federal prosecutors and the SEC were investigating WWE and McMahon over his payments to women.
In a regulatory filing this week, WWE revealed that federal agents executed a search warrant on the company chairman in July, and that it “has received voluntary and compulsory legal demands for documents, including from federal law enforcement and regulatory agencies, concerning the investigation and related subject matters.”
The investigation into McMahon is ongoing, WWE says, but no charges have been filed at this time.
Last year, McMahon briefly departed the company after the WWE opened an investigation that alleged the former CEO paid a female employee $3 million after a consensual affair.
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