R&B Singer Mary J. Blige Hit with $500K Lawsuit by Bank of America, Second Lawsuit in 3 Months

300px Mary J. Blige 2 R&B Singer Mary J. Blige Hit with $500K Lawsuit by Bank of America, Second Lawsuit in 3 Months

R&B Singer Mary J. Blige Hit with $500K Lawsuit by Bank of America, Second Lawsuit in 3 Months (Photo credit: Wikipedia)

Singer Mary J. Blige has been hit with yet another lawsuit for defaulting on a loan. Bank of America filed a lawsuit against the singer alleging she defaulted on a $500,000 loan. This is the second legal action against the singer, who recently played Malcolm X’s wife Betty Shabazz in a Lifetime movie, “Betty and Coretta,” co-starring with Angela Bassett.

According to the lawsuit, which was filed in New York State Supreme Court, Mary J. Blige took out the loan in 2005 and stopped making payments in June 2012. She owes a total of $511,324 in principal and interest on the loan.

This latest lawsuit follows one filed in November 2012 by Signature Bank over an alleged default on a $2.2 million bank loan by the singer and her husband, Reuters reports. You will recall the singer’s charity, The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now, was accused of mishandling funds and cheating scholarship students in 2012.

 

 R&B Singer Mary J. Blige Hit with $500K Lawsuit by Bank of America, Second Lawsuit in 3 Months
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 R&B Singer Mary J. Blige Hit with $500K Lawsuit by Bank of America, Second Lawsuit in 3 Months
Janet Shan is a freelance journalist, blogger and social media consultant. Janet specializes in political and social commentary, as well as business writing. She is the founder and managing editor of the Hinterland Gazette. She is putting the finishing touches on her new novel, a mystery based in the hills on Montego Bay, Jamaica.