Second bank accuses singer Mary J. Blige of defaulting on loan
LOS ANGELES (Reuters) - R&B star Mary J. Blige was hit with a lawsuit on Thursday alleging the Grammy-winning singer had defaulted on a $500,000 loan - the second such legal action against her in three months.
According to the lawsuit filed by Bank of America in New York State Supreme Court, Blige took out the loan in 2005 and stopped making re-payments in June 2012.
Bank of America said Blige, who has sold more than 50 million albums worldwide, now owes $511,324 in principal and interest on the loan, which it is seeking to recoup.
Blige's publicist did not respond to request for comment on the latest lawsuit, which was follows legal action in November 2012 by Signature Bank over an alleged default on a $2.2 million bank loan by the singer and her husband.
The "Family Affair" singer's charity, The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now, was accused in 2012 of mishandling funds and cheating scholarship students.
Blige has attributed the problems at the charity to a former staffer at the foundation and pledged to make sure that grants and scholarships are paid out to send young women to college.
(Reporting By Jill Serjeant; Editing by Cynthia Osterman)
- Tweet this
- Share this
- Digg this
- Analysis - Amazon's far-reaching ambitions, lack of profits, unnerve investors
- U.S. diplomats' return to Libya could be more hazardous than exit
- Australia approves Adani's $16 bln Carmichael coal project
- Israel extends Gaza ceasefire for 24 hours, Hamas rejects terms
- U.S. gasoline prices tumble on back of refinery cuts- Lundberg survey
Every year, around 130,000 fans and entertainment enthusiasts trek to San Diego's Comic-Con International, where thousands of booths and hundreds of panels are set up by industry outlets to cater to attendees. Full Article
Some of the toys, gifts and mementos that belonged to young British princes and princesses. Slideshow
"The Judge", with Duvall and Downey, to open Toronto Film Festival Full Article