May 19, 2013

Mary J. Blige Fires Back at Charity Lawsuit with Interesting Strategy

   

mary j. blige*Mary J. Blige just came out and said the bank that’s suing her charity organization knew the group was penniless.

She said it was a bad business decision the loaner made. So it’s the bank’s fault for making a bad investment and they won’t get the money back.

The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now was sued by TD Bank after taking out a $250,000 loan in June 2011. But the org only paid back $400 by the December deadline.

According to the organization, the woman who signed for the loan had no authority to do so in the first place.




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