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Founders · techcrunch.com · Saturday, 15 August 2026

Investors sue Selena Gomez for alleged $1.2M Wondermind fraud

Investors who collectively put about $1.2 million into Gomez’s mental‑health venture Wondermind have filed a securities‑fraud suit, accusing her of misleading them about product progress and her own involvement. The complaint says the app never launched, partnerships were fabricated, and Gomez ignored contractual duties, prompting a demand for repayment and fees.

Read the source: techcrunch.com ↗In the 15 August issue →