Abby Wambach Leaving Brett Favre-Backed Company Over Welfare Funds Scandal

U.S. Women's National Team legend Abby Wambach is distancing herself from a health company supported by Brett Favre ... after finding out the business has been accused of being involved in the massive Mississippi welfare funds scandal.

ESPN reports Wambach -- a member of the sports advisory board for Odyssey Health -- had her mentions on the company's website scrubbed Thursday afternoon ... after hearing that a lawsuit filed by the state of Mississippi alleged $2.1 million intended for welfare recipients was directed to the health company instead.

Odyssey Health is a drug company developing a nasal spray to treat concussions ... and Favre is reportedly its biggest investor. Kurt Warner, Mark Rypien, David Ross and Steve Mariucci are also members of the org.'s sports advisory board.

Wambach explained her decision to walk away in an email Thursday to ESPN ... saying, "Minutes after learning this new information, I initiated the process to immediately and fully divest myself from any involvement -- financial and otherwise -- with Prevacus/Odyssey Health Inc."

"A process that I insisted be complete by end of day today."

Wambach added she "genuinely believed this company was being transparent about a product that could spare the next generation of athletes from the severe impact of concussion injuries that I endured as a professional athlete."

"I am profoundly angry, disappointed, and saddened by what I learned today."

Wambach's decision to fully divest from the drug company comes on the heels of more troubling allegations for Favre ... whose charity, Favre 4 Hope, is under fire for donating money meant for children and cancer patients to USM's athletic foundation between 2018-2020.