WWE boss Vince McMahon has been raided by federal agents and ordered to appear in court.
The wrestling executive chairman is currently on an indefinite leave of absence after undergoing spinal surgery last week.
And the operation comes just weeks after the 77-year-old received a federal grand jury subpoena on July 17.
A search warrant was executed McMahon in response to the numerous alleged payments that have been made amid allegations of sexual misconduct by multiple women.
In its filing with the SEC on Wednesday, the wwe stated that it “has received voluntary and mandatory legal requests for documents, including from federal law enforcement and regulatory agencies, regarding the investigation and related matters,” according to CNBC.
WWE CEO Nick Khan said during an earnings call Wednesday that he had no comment on McMahon’s situation, adding that they would assist with any investigation, according to House of Glory. Jason Solomon.
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WWE’s presentation also stated that McMahon “went on medical leave after undergoing major spinal surgery.”
They also said he “will remain on medical leave until further notice, but will remain executive chairman.”
News of McMahon’s surgery broke on July 28 TMZwho reported that his successful procedure took about four hours.
It came a week after McMahon’s medical leave had begun, according to Fightful.com Sean Ross Sapp.
WWE also disclosed that McMahon “has paid approximately $17.4 million to reimburse the Company for costs incurred and paid by the Company,” in connection with an ongoing investigation by WWE into his alleged misconduct.
No charges have reportedly been filed against McMahon.
This comes just seven months after he returned to the role of executive chairman, after stepping aside for six months.
His abrupt retirement came after an investigation claims it paid a former employee $3 million to keep their supposed affair quiet.
In early 2022, non-disclosure agreements involving misconduct claims made by former female WWE employees against McMahon and the former head of talent relations were found. Joan Laurinaitis.
He gave the reins to his daughter Stephanie who assumed the roles of interim CEO and president of WWE.
Meanwhile, her husband and the wrestling legend Paul Levesqueaka Triple H, took over as director of content.
Shortly after McMahon returned to WWE, the organization announced its intention to merge with the UFC’s parent company, Endeavor.
Once completed, this merger will result in a company valued at $21 billion.
Regardless of McMahon’s ongoing legal troubles, that sale is not expected to be delayed, according to Fite TV. John Alba.
This should be finalized “in the coming months”.
McMahon has a net worth of about $3.2 billion, according to reports Forbes.
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News of the raid comes just a day after McMahon’s longtime friend, former President Donald Trump, was accused for his participation in the riots of January 6, 2021.
The charges against Trump include conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, conspiracy against rights, and obstruction and attempted obstruction of an official proceeding.