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Mary J. Blige

My Charity Was Hijacked

By Financial Idiots

5/29/2012 5:00 PM PDT BY TMZ STAFF
EXCLUSIVE

0529_mary_j_blige_tmz
Mary J. Blige has learned a valuable lesson about running a charity since her foundation was slapped with a $250,000 lawsuit -- telling TMZ, she let dumbasses handle her finances ... and now she's paying the price.

TMZ broke the story ... Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now is being sued by TD Bank over a $250k loan it took out back in June 2011.

TD Bank claims it loaned FFAWN the money in June 2011 -- and FFAWN agreed to repay it by December 2011 ... but so far, TD Bank has only received $368.33.

Now, Mary tells us, "As Founder and CEO of FFAWN, I am ultimately responsible for anything that goes wrong. The problem is that I didn't have the right people in the right places doing the right things. This should have never been allowed to happen, but it did and now we are fixing it."

The singer says she's working tirelessly with a new team of experts to "get the Foundation back on track, rectify outstanding issues, and make good on all of FFAWN's obligations."

64 COMMENTS

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1.

Pat    

Well, if she put dumb ass's in charge of that much money, then I guess that makes her an even bigger dumb ass. "Pot meet Kettle"

826 days ago
2.

Kari    

I had a comment, but I think #1, Pat, said it all.

826 days ago
3.

Eddie    

No surprise. Agree with Pat (post #1).

826 days ago
4.

Martina    

If there is a celebrity I trust less than this so called "recovering" crack, heroin, addict it is this piece of work.
She is a total fraud.

826 days ago
5.

News Flash     

At least she is taking responsibility knowledging it is her fault and taking steps to fix it. Way to go Mary J.

826 days ago
6.

Phreaky    

Let me guess.... her "staff" was all 2nd cousins and aunties.

826 days ago
7.

cman    

SEVENTH!!

826 days ago
8.

Kari    

#7--TOO FUNNY!

826 days ago
9.

TMZ Lies    

1st of all Pat and the rest of these cowards can burn in hell. #2 TMZ website and TV program are full of liars! Mary will never grant this horrible ambush reporters/ fake paparazzi establishment a comment! All you try to do is destroy celebrities! FAIL !

826 days ago
10.

Martina    

RIght, Mary....just like you didn't know anything about the KFC commercial? That was their fault too? Nothing's ever this crack heads fault.
She has done nothing for the black community except profit off us.
Enough of this hag that can't even sing!

826 days ago
11.

frank    

I see a lot of people upset by the anti-Mary comments. But the FACT(as I know first-hand) of the matter is she's not very nice, and REALLY not very smart...

826 days ago
12.

Symian    

I am waiting for Mary J. to come out with a new song titled "Illeism" because she certainly is speaking in the third party here. ;)

826 days ago
13.

janet    

She has a ton of money so pay back what is owed and stop blaming everyone else.


There is no team of experts. Want to bet she used this a tax write off and got caught.

826 days ago
14.

Mikey    

The same idiots who told you not to do the BK commercials that Steven Tyler ended scooping up all the money from, those idiots?

826 days ago
15.

just my opinion    

people need to realize that these celebrities who find themselves in financial flubs are just normal people and many of them are not very educated because theyve been in the businss from a very young age. they put a ton of trust into others who are supposedly more knowledgeable and educated to handle all finances. These people are only athletes, only singers, only actors...they dont know much beyond that unless they had to live in the real world at some point before success. You cant OUTRIGHT demonize every celebrity for these financial issues when theyre used to doing nothing but performing and having everyone do the rest. UNLESS - they are serious repeat offenders, then they deserve the backlash.

826 days ago
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