Selena Gomez and her mom accused of fraud over their mental health startup

Superstar Selena Gomez and her mother are accused of defrauding investors of their mental health startup, Wondermind, in a federal lawsuit filed Thursday.

Superstar Selena Gomez and her mother are accused of defrauding investors of their mental health startup, Wondermind, in a federal lawsuit filed Thursday.

Wondermind, which was co-founded by Gomez; her mother, Mandy Teefey; and Daniella Pierson in November 2021, touts mental fitness practices and tools.

The suit accuses Wondermind and its founders of falsely representing the company’s infrastructure, leadership and partnerships to investors and concealing the alleged fraud for more than three years.

The founders told investors they would build a Wondermind app, boasted advertising deals and secured celebrity cover stories, none of which came to fruition, the complaint says.

Investors poured nearly $1.2 million into Wondermind, but the trio falsely represented the company’s plans to make it profitable, the suit says.