Megan Markle is currently expressing profound dismay following the initiation of an IRS investigation into Archwell.
The IRS has undertaken this scrutiny due to the discovery of potential money laundering activities, as revealed in Archwell's latest 990 tax form. This charitable organization, closely associated with Megan and Harry, is now under intense examination, driven by concerns related to questionable financial dealings and grant-related issues that have surfaced through the examination of the most recent tax documents.
The harsh reality has set in for Megan and Harry's charity, as a tax filing unveiled on December 12th discloses a staggering $1 million decline in contributions to their Aru Foundation in 2022 compared to its inaugural year in 2021. Simultaneously, Archwell, which received $13 million in donations in 2021, saw a significant drop to just over $2 million in 2022, with almost 100% of those funds originating from just two undisclosed donors. Despite this decrease, their philanthropic organization still retains assets totaling over $8.3 million.
Digging into the historical financials, Archwell reported a meager $50,000 in donations in 2020, with expenditures surpassing this amount, primarily attributed to legal fees exceeding $55,000. These legal fees were incurred during the establishment and dissolution of their previous charities, Sussex Royal and MWX Foundation, the latter being renamed after the Queen's directive against the use of the Royal name.
The tax documents also brought to light a substantial anonymous donation of $10 million out of a total of $13 million raised by Archwell in 2020. The identity and motives behind this generous contribution remain shrouded in mystery, fueling speculation that it could be linked to a wealthy friend or business partner of the couple.
Critics have voiced concerns about the potential misuse of Archwell, suggesting that it might be a front for money laundering and tax evasion, and that it serves as a platform for advancing their political agenda and personal branding. Questions have also emerged regarding the choice of incorporating Archwell in Delaware, known for its business-friendly laws and low taxes, often attracting entities seeking to conceal financial activities and evade scrutiny.
In a bid to divert attention from the foundation's challenges, Harry and Megan simultaneously released a glamorous video showcasing their engagements with military veterans, interactions with Nigerian schoolgirls, and participation in various charitable functions. However, observers speculate that this move might be a deliberate attempt to overshadow their royal rivals, Prince William and Princess Kate, who had just released a feel-good video about their charitable endeavors.
Reports from the National Inquirer suggest that Harry and Megan are striving to maintain relevance in Hollywood circles as their influence wanes. Notably, they were reportedly excluded from George Clooney's star-studded Al Awards Gala last September, indicating a potential decline in their Hollywood standing.
Additionally, Megan's recent signing with William Morris and super-agent RI Emanuel may be under reconsideration, as sources suggest that Hollywood may be growing weary of the Sussexes and their continuous critiques against the monarchy.
