Exclusive | Feds drop criminal probe into whether WWE boss Vince McMahon covered up sexual misconduct allegations, his lawyer says

The Case Overview

Federal prosecutors in Manhattan have officially dropped a criminal investigation into Vince McMahon, the former CEO of World Wrestling Entertainment (WWE), regarding allegations of sexual misconduct cover-ups. McMahon’s legal team confirmed that the probe, which centered on whether he illegally concealed misconduct claims from two former employees, has been conclusively closed without any charges filed. This decision comes despite earlier rulings that indicated sufficient evidence to proceed, highlighting the complexity and challenges in pursuing such high-profile cases.

The Investigation Details

The investigation began after a grand jury considered whether McMahon had engaged in a criminal scheme to mislead company auditors and circumvent internal controls to hide the allegations. The case detailed payments of $10.5 million to two women, allegedly to keep their accusations quiet. The probe examined whether these actions constituted illegal activity, with prosecutors looking into potential financial mismanagement and deception within WWE’s internal structures.

Legal Rulings and Evidence

Despite the case being dropped, legal rulings provided insight into the evidence considered. Judge Valerie Caproni found probable cause, noting that McMahon and his lawyer may have created false records and misled auditors. Communications between McMahon and his legal team, typically privileged, were ruled admissible as they were deemed attempts to conceal the payments. This evidence suggested a structured effort to keep the settlements secret, yet prosecutors ultimately decided not to indict.

SEC Settlement and Its Implications

The Securities and Exchange Commission (SEC) reached a settlement with McMahon, resolving claims related to the cover-up without admitting wrongdoing. This deal marked a turning point, as McMahon subsequently stated he faced no criminal charges. The SEC’s involvement underscored the financial and regulatory implications of the allegations, even as criminal charges were not pursued.

McMahon’s Response

McMahon downplayed the significance of the investigation, describing it as minor accounting errors and expressing relief to move past the issue. His dismissal of the probe’s severity contrasts with the serious allegations investigated, reflecting his confidence in the outcome and the closure he sought.

Historical Context and Conclusion

This marks the second time McMahon has emerged from a federal investigation without conviction, following a 1994 acquittal on steroid distribution charges. His wife, Linda McMahon, is now nominated for a federal role, adding another layer to the family’s legal and public profile. The case’s conclusion leaves questions about accountability in high-profile cases, while McMahon’s statement signals his intent to move forward, emphasizing personal resilience and institutional support.