Posted by Adam

Thursday March 18, 2010

JESSE James has apologized for cheating on his sexy wife, Sandra Bullock.

The Monster Garage host has been accused of having an affair with tattoo model Michelle McGee.

Although James called “the vast majority” of allegations against him “untrue and unfounded,” he says in a statement provided to People magazine, “There is only one person to blame for this whole situation, and that is me.”

“It’s because of my poor judgment that I deserve everything bad that is coming my way,” he says in the statement. “This has caused my wife and kids pain and embarrassment beyond comprehension and I am extremely saddened to have brought this on them. I am truly very sorry for the grief I have caused them.

“I hope one day they can find it in their hearts to forgive me.”

Meanwhile, Bullock, 45, has moved out of the marital home and is considering divorce.

“Sandra is devastated,” a source close to the Oscar-winning star told OK! magazine.

“Jesse has tried to smooth things over with Sandra, but she’s still leaving him.”

Tags: jesse james, sandra bullock