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Meghan Markle Furious as IRS Probes Archewell over Alleged Money Laundering Revealed in 990 Tax Form

Meghan Markle Furious as IRS Probes Archewell over Alleged Money Laundering Revealed in 990 Tax Form

Archewell has come under intense scrutiny by the IRS due to its questionable financial dealings and the contents of its latest tax documents. According to these tax documents, several concerning issues have emerged. Firstly, in 2020, Archewell reported receiving only $50,000 in donations, while their expenditures exceeded this amount, with more than $55,000 spent on legal fees. These legal fees were related to the creation and dissolution of their previous charities, Sussex Royal and MWX Foundation. Notably, MWX Foundation was renamed after the Queen forbade them from using the "Royal" name.

Archewell's tax filing also revealed that they reported paying $163,000 in salaries. However, it was disclosed that Prince Harry and Meghan Markle worked only one hour per week for the charity, equating to 52 hours in a year. Furthermore, the CEO of Archewell, James Holt, received a yearly salary of $59,800 along with $3,832 in other benefits. It's worth noting that Holt initially served as a board member for the charity without compensation before taking on the CEO role.

Perhaps the most significant revelation in the tax filing is that Archewell received a substantial $10 million donation from an anonymous source, out of the total $13 million raised in 2020. The identity and motives of this generous donor remain shrouded in mystery, leading to speculation that it could be a close friend or business partner of the royal couple.

Archewell's stated mission is to uplift and unite communities both locally and globally, online and offline, one act of compassion at a time. However, the tax filing shows that the charity dispersed only $3 million in grants, primarily directed towards causes related to refugee resettlement and COVID-19 vaccine distribution. Notably, Georgetown University was the largest recipient of Archewell's grants, receiving $500,000 for a program named "Global Media and Misinformation."

These revelations have raised serious questions and accusations against Prince Harry and Meghan Markle. Critics have alleged that Archewell may be used as a front for money laundering and tax evasion, as well as a platform for advancing personal branding and political agendas. The choice of Delaware as the state of incorporation for Archewell has also come under scrutiny, as it is known for its lenient corporate laws and low taxes, making it attractive to businesses seeking to conceal financial activities.

Furthermore, Prince Harry and Meghan Markle's actions since their move to Montecito, California, have drawn attention. They reside in a $14 million mansion and have assembled a team of lawyers, publicists, and agents to manage their image and business ventures. They have become embroiled in various lawsuits and disputes with the media, the royal family, and their former staff. Their public image, especially in the UK, has suffered, with some viewing them as traitors and opportunists. Their controversial interview with Oprah Winfrey, during which they made unsubstantiated claims against the royal family, was widely criticized.

In summary, the recent revelations in Archewell's tax filing have cast doubt on the transparency and accountability of Prince Harry and Meghan Markle's charity. These findings raise significant questions about their true intentions and motivations behind Archewell and their various media endeavors. Are they genuinely committed to making a positive impact in the world, or is Archewell being used as a cover for financial improprieties?

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