The News
Archwell Foundation in Hot Water: IRS Freezes Accounts Amid Money Laundering Allegations
The Archwell Foundation, a charitable organization founded by Meghan Markle and Prince Harry, is embroiled in a significant scandal.
The Internal Revenue Service (IRS) has frozen 13 of the foundation's bank accounts in Delaware, following serious allegations of money laundering.
This unexpected turn of events stems from a whistleblower tip-off by a former employee, who claimed that the foundation was misusing its funds to channel millions into offshore accounts and personal expenditures.
According to insiders, the investigation kicked off after the IRS received these alarming claims.
They uncovered evidence suggesting that the Archwell Foundation may have engaged in tax evasion, fraud, and the misappropriation of funds.
In 2021 alone, the foundation raised over $13 million from donors, with a staggering $10 million coming from an anonymous benefactor.
Such substantial amounts have raised eyebrows and sparked further scrutiny.
As part of their investigation, the IRS has seized the foundation's assets and records, indicating the seriousness of the allegations.
Reports suggest that the agency is preparing to file criminal charges against both Meghan Markle and Prince Harry, who serve as the sole directors and trustees of the Archwell Foundation.
This development has sent shockwaves through the media and among the couple's supporters.
The situation escalates further as the IRS collaborates with the FBI and the Department of Justice.
Together, they aim to unravel the full scope of this alleged money laundering scheme.
Speculation is rife that other high-profile figures—celebrities, politicians, and royals—who have supported or worked with the Archwell Foundation could also be implicated in this unfolding drama.
Despite the mounting pressure, Meghan and Harry have remained tight-lipped about the scandal.
However, a spokesperson for the couple released a statement vehemently denying any wrongdoing.
They accused the IRS of waging a smear campaign against them, asserting that the Archwell Foundation is dedicated to uplifting communities through acts of compassion and service.
In their defense, the spokesperson emphasized the foundation's commitment to transparency and accountability, claiming compliance with all relevant tax laws and regulations.
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