AllHipHop.com MOBILE, Rumors  

Hip-Hop Rumors: What’s The 411? Mary J. Blige Defaults On $2 Million Loan

Mary J. Blige

Mary J. Blige is having a bad year. First, the whole chicken fiasco went down with her KFC commercial, then the singer’s charity with Steve Stoute, “The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now Inc,” was accused of stealing scholarship students.

Now, the singer and her husband Kendu Isaacs, have defaulted on a $2.2 million loan.

According to the Huffington Post, Signature Bank filed a lawsuite against MJB and Kendu in the New York State Supreme Court in Manhattan, seeking to recoup the original loan plus $58,000 in interest. The suit alleges that the loan was taken out in October 2011, and it was all good until Mary and Kendu stopped making payments in July 2012.

mary j blige and Kendu

Mary is yet to comment on the lawsuit, but expect her to say something on Twitter any day now. Mary has 50 million albums worldwide – there’s no way she’s broke…right?

Email me your rumors at SydneyLaceAHH@gmail.com

GET INTERACTIVE WITH ALLHIPHOP.COM!

Follow us on Twitter! Like us on Facebook!

Email Sydney Lace rumors: SydneyLaceAHH@gmail.com

blog comments powered by Disqus

AllHipHop Archives of Culture

Copyright © 1998 to Infinity, AllHipHop.com, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited. Powered by WordPress.com VIP

AllHipHop.com Today