Mary J. Blige has got to get it together. The Queen of Hip-Hop Soul was hit with a lawsuit for not paying back a $2.2 million bank loan.
According to legal papers filed by the bank, Signature Bank is looking to be repaid for lending the singer and her husband/manager Kendu Isaacs $2 million. Signature Bank also is looking to collect an additional $58,000 in interest. Blige reportedly took out the loan in October of 2011 and began failing to repay the loan in July 2012. Mary’s company Mary Jane Productions is also named in the suit.
This lawsuit is the latest in a series of questionable financial practices. The “No More Drama” songstress’ charity, The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now Inc, was accused of mismanaging funds and cheating scholarship winners. When that scandal broke, Mary stated, “The lives of young women are at stake. I feel what they feel. I don’t want them to suffer. I promised them something and I’m gonna deliver. Period.”
Like TheUrbanDaily.com on Facebook to stay updated with the latest entertainment news and original interviews!
Mary J. Blige’s publicists and attorneys have not given any statements regarding their client’s latest financial situation. When will these entertainers learn they have to pay their stuff back or they will be hit with a lawsuit faster than they can blink?
READ MORE HOT MUSIC COVERAGE ON THEURBANDAILY.COM:
Mary J. Blige Sued For Defaulting On $2 Million Bank Loan was originally published on theurbandaily.com