Investors sue Selena Gomez for alleged fraud over mental health startup

Singer and actor Selena Gomez is facing a lawsuit from investors who accuse her of fraud concerning her mental health startup, Wondermind Global. Launched in 2021, the company aimed to help users enhance their "mental fitness." The plaintiffs invested approximately $1.2 million, believing Gomez would actively lead marketing efforts due to her massive social media following, which exceeds 500 million.

The lawsuit, filed in a federal court in Delaware, alleges that Gomez and other company executives failed to uphold their commitments. Key promises reportedly unfulfilled include the development of a mobile application. Investors contend that the enterprise was not a legitimate venture, let alone a lucrative one, and that Gomez largely ignored her contractual obligations.

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Gomez purported to sign a contract obligating her to perform and then ignored it.

"Gomez purported to sign a contract obligating her to perform and then ignored it," the lawsuit states. "There was no legitimate enterprise in the works, much less a lucrative one," the plaintiffs added. They argue that the company failed to meet even its most basic obligations, leading to the legal action against the celebrity and other company leaders.

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There was no legitimate enterprise in the works, much less a lucrative one.