Selena Gomez & Her Mental Health Startup Hit With Investor Fraud Lawsuit: ‘Financial Calamity’

Selena Gomez and her mother, Mandy Teefey, face a lawsuit alleging they defrauded investors of nearly $1.2 million in their mental health startup, Wondermind. Five plaintiffs claim they were misled by false representations concerning the company's infrastructure, partnerships, and Gomez's actual level of involvement. The lawsuit asserts that the pair used Gomez's reputation to secure funding while the business faced internal struggles, failing to properly build and market the organization as previously promised to the investors.