Mary J – FFAWN being Sued for Unpaid Loan
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Posted
May 29, 2012 by Mz.Femme Fatale in
News
Mary J. Blige is facing more drama this week after her non-profit organization FFAWN (Foundation for the Advancement of Women Now) was sued over an unpaid loan. Mary discussed the claims in a phone interview with HOT 97′s Angie Martinez (See Below).
FFAWN has been mismanaged and when I found out about all these issues, I immediately got on the phone with my lawyers and my advisers and tried to fix this so that none of those women would suffer…
On Sunday, TMZ reported that TD Bank had filed suit against Blige and co-founder Steve Stoute over a $250,000 loan that the charity took out in June 2011. According to the suit, FFAWN agreed to pay the money back, but as of December 2011, they had only paid back $368.33. Additionally, the non-profit didn’t file a federal tax return for 2010 and is being sued by musicians who claim they were not paid to perform at a 2011 fundraising gala.
Click to hear interview with Mary J & Angie Martinez
