Serious concerns have come to light surrounding the financial practices and charitable endeavors of Archwall, the non-profit organization co-founded by Prince Harry and Meghan Markle back in April 2020.
Despite positioning itself as an international entity dedicated to philanthropy and community development, doubts began to surface shortly after its establishment due to a lack of financial transparency.
The situation took a drastic turn in January 2022 when a whistleblower disclosed over 100 pages of internal documents to the media, exposing alleged financial mismanagement within Archwall.
Revelations included uncollected donations, questionable accounting practices, and unfulfilled charitable commitments.
The whistleblower also shed light on concerning behavior and a toxic work environment prevailing within the organization.
Despite fervent denials from Harry and Meghan, the negative publicity plunged Archwall into a state of crisis.
The Internal Revenue Service (IRS) initiated a formal investigation in February, delving into Archwall’s financial records and operational activities spanning the past two years.
Initial findings seem to support many of the claims made by the whistleblower, indicating severe financial mismanagement at the highest echelons of the organization.
Newly acquired internal documents further exposed the extent of the financial irregularities at Archwall, with reports suggesting that personal expenses of the royal couple, such as home renovations, private jet travels, designer apparel, and extravagant honeymoons, were being classified as charitable donations.
Additionally, Harry and Meghan allegedly exerted strict control over the organization’s public image and communications, manipulating press releases, financial reports, and social media content to present a falsely positive narrative while downplaying any issues.
Furthermore, Archwall failed to fulfill several crucial commitments and promises made through the organization, including global philanthropic initiatives, media collaborations, and pledges related to COVID relief efforts and vaccine accessibility.
The magnitude of the discrepancies within Archwall indicates a systematic attempt to deceive donors and the general public regarding the organization’s efficacy.
In response to these alarming developments, authorities took decisive action by issuing Archwall a formal cease-and-desist order and freezing its financial accounts pending the outcome of the IRS audit.
This move effectively places the organization under receivership, underscoring the gravity of the allegations.
Moreover, Archwall’s tax-exempt status is currently under scrutiny, with the possibility of permanent revocation looming if widespread misconduct is substantiated.
Despite the mounting challenges, Prince Harry and Meghan continue to maintain their innocence, expressing willingness to fully cooperate with the ongoing investigations.