
NFL legend Brett Favre named in Mississippi trial over misappropriated welfare funds going to concussion biotech
Most people know the name Brett Favre when it comes to the NFL as one of the best quarterbacks to play the game, bringing a declining Green Bay Packers franchise back to life and ending up on top of several statistics lists along the way.

Now, however, he’s got a court case ahead of him for his role in a welfare fraud scheme that, according to Mississippi state auditor Shad White, is the largest public fraud in state history.
Favre, 52, was named alongside 37 other defendants in a civil suit filed earlier this week in state district court after allegedly playing a role in the concussion biotech Prevacus, and its affiliate PreSolMD, receiving part of $24 million from Mississippi’s Temporary Assistance for Needy Families (TANF) anti-poverty program. As their largest outside investor, Favre had invested more than $250,000 in Prevacus as of December 2018, according to the lawsuit.
It’s the newest suit filed in an ongoing string of cases that have already resulted in some convictions and may lead to more.

According to the lawsuit, a woman named Nancy New and her son Zach New ran two non-profit centers in the state: the Mississippi Community Education Center (MCEC) and Family Resource Center of North Mississippi. The suit also details Favre’s involvement: Favre urged Prevacus’s CEO and his business partner, Jake VanLandingham, in late 2018 to approach Nancy New and ask her to use the Mississippi Department of Human Services (MDHS) grant funds to invest in the biotech.

The suit also alleges that Favre told VanLandingham that “Nancy New had previously provided substantial grant funds on his behalf.”
It goes further — Favre hosted VanLandingham at his home in Mississippi on January 2, 2019, with a few guests, including the News and then former MDHS director John Davis, as VanLandingham pitched his company. In January 2019, the mother-and-son duo, alongside Nancy’s other son attorney Jesse New, made the first of six payments to Prevacus that totaled approximately $2.1 million from an initial payment of $750,000 on Jan. 18, 2019. According to the suit, all parties involved knew — or should have known — that those payments would constitute “an illegal transaction under statutory and common law.”

Nancy New and Zach New pled guilty last month for their roles extending beyond Prevacus, and in exchange had agreed to testify against others involved in the scheme, according to local newspaper The Clarion-Ledger.
Davis retired as MDHS director in July 2019. However, he was indicted last month on more than 20 felony charges related to his allegedly extensive role in how money from the TANF program was spent. He is currently awaiting trial, which currently is scheduled to start on September 26.
State prosecutors also highlighted a contract between Nancy New/MCEC and Prevacus that was signed on Jan. 19, 2019, one day after the first $750k was given ahead of a total of $1.7 million to Prevacus for “development funding.” Per the 81-page filing:
That same Agreement falsely pretended that the $1.7 million investment of MDHS-derived funds in Prevacus was for the purpose of securing “clinical trial sites” to be located within Mississippi in order to promote an experimental anti-concussion drug being developed by Prevacus. That representation of that motive or purpose, for investing $1.7 million of TANF funds into Prevacus and/or PreSolMD, was false.
Prosecutors brought six charges forward against the defendants, which include civil conspiracy, negligence, and breach of contracts.