{"id":857260,"date":"2026-08-14T01:58:09","date_gmt":"2026-08-14T01:58:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/857260\/"},"modified":"2026-08-14T01:58:09","modified_gmt":"2026-08-14T01:58:09","slug":"investors-sue-selena-gomez-for-alleged-fraud-over-mental-health-startup","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/857260\/","title":{"rendered":"Investors sue Selena Gomez for alleged fraud over mental health startup"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.cbc.ca\/a\/assets\/texttospeech.svg\" alt=\"Text to Speech Icon\" width=\"44\" height=\"44\"\/><\/p>\n<p>Listen to this article<\/p>\n<p>Estimated 2 minutes<\/p>\n<p>The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.<\/p>\n<p>Singer and actor Selena\u00a0Gomez was sued on Thursday by investors who say she committed fraud by failing to fulfil duties to build and promote her mental health startup.<\/p>\n<p>The plaintiffs invested nearly $1.2 \u200bmillion US ($1.67 million) in Wondermind\u00a0Global, which was \u200blaunched in 2021 with a pitch to help users strengthen\u00a0their &#8220;mental fitness,&#8221; according to the lawsuit filed \u200bin\u00a0federal court in Delaware.<\/p>\n<p>Investors said they \u2060were told Gomez, \u2060one of the \u200cbiggest celebrities on social media with more than 500 million\u00a0followers, would be actively involved in building the company as\u00a0head of marketing. \u2060They argue Gomez and other company\u00a0leaders failed to deliver on promises, including creating a\u00a0mobile app.<\/p>\n<p>&#8220;Gomez \u200cpurported to sign a contract obligating her to\u00a0perform and then ignored it,&#8221; the lawsuit says.<\/p>\n<p>&#8220;There was no legitimate enterprise in the \u200bworks, much less\u00a0a lucrative one,&#8221; the plaintiffs add, saying the company\u00a0failed to meet &#8220;even its most basic \u2060obligations, such as timely paying its employees and \u2060vendors.&#8221;<\/p>\n<p>A \u2060representative for Gomez \u200bdid not immediately respond to a request for comment.<\/p>\n<p>The \u200blawsuit argues that \u2060the plaintiffs were unaware of the\u00a0company&#8217;s troubles until an online news story detailed them in\u00a0September 2025. Plaintiffs are seeking to recoup their investments and legal \u2060fees.<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology.&hellip;\n","protected":false},"author":2,"featured_media":857261,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[49,48,361,75],"class_list":["post-857260","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-ca","tag-canada","tag-celebrities","tag-entertainment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/857260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=857260"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/857260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/857261"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=857260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=857260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=857260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}