JESSE JAMES "TRULY SORRY"

Jesse James issued an apology Thursday to his wife Sandra Bullock and his three children.

Although he called "the vast majority" of allegations against him "untrue and unfounded," he said in a statement, "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. "This has caused my wife and kids pain and embarrassment beyond comprehension

"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." 

This comes as a result of James being outed by alleged tattooed mistress of ink/sometimes stripper Michelle "Bombshell" McGee in a tab mag forcing the sudden cancellation of wife Sandra's  appearance on the London Blind Side red carpet as The ENQUIRER reported yesterday. 

James was married previously to a porn star prior to wedding girl next door Oscar winner Bullock.