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Selena Gomez and Her Mother Accused of Fraud in Mental Health Company

· Telemundo McAllen (KTLM)

Superstar Selena Gomez and her mother have been accused of defrauding investors in their mental health startup, Wondermind, in a federal lawsuit filed on Thursday. Wondermind, co-founded by Gomez, her mother Mandy Teefey, and Daniella Pierson in November 2021, promotes practices and tools for mental well-being. The lawsuit alleges that Wondermind and its founders provided false information to investors regarding the company's infrastructure, leadership, and partnerships, while concealing the alleged fraud for over three years. According to the complaint, the founders told investors they would develop a Wondermind app, boasted about advertising deals, and secured celebrity covers, but none of this materialized.

AI summary · Source: Telemundo McAllen (KTLM)

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