India, May 12 -- Mandy Teefey, Selena Gomez's mother, reportedly borrowed a loan against her house in a bid to pay employees of Wondermind, the billionaire singer's mental health firm.

When the company reportedly began to run out of money to pay its estimated 15 staff members, excluding freelancers and vendors, in March, Teefey, the CEO, was put in a difficult situation, Forbes reported on Saturday.

As per the outlet, employees have received compensation for one out of two missed payments, while vendors and freelancers are still awaiting payment of "hundreds of thousands."

Anonymous employees also claimed that a PR business owed them almost $60,000.

The remaining payments will be made on Monday, Wondermind informed Forbes, adding that...