2023 has been a challenging year for Meghan Markle and Prince Harry, as they find themselves at the center of an IRS investigation.
The couple, who have been trying to establish themselves in Hollywood, have faced a series of setbacks and were even named among the biggest losers of the year.
One of the key issues that has come to light is the alleged concealment of funds meant for charitable causes.
James Holt, a close associate of the Sussexes, has been implicated in this scheme.
It is believed that he played a crucial role in hiding the true source of the Sussex funds, diverting them away from their intended charitable purposes.
When we think of Meghan and Harry, the image of them sitting alongside Oprah Winfrey often comes to mind.
However, Kenzie Schofield, an expert commentator on GB News, has pointed out that while there may be some similarities between the two, there are also significant differences.
Schofield believes that comparing Harry to his late mother, Princess Diana, is flawed due to the constant complaints and flashy branding associated with the Sussexes.
In addition to their various sources of income, Meghan and Harry have been involved in charitable sponsorships.
They recently released a mission statement expressing their support for ethical journalism.
However, concerns have been raised about their approach, particularly their limited involvement in charity work and the exorbitant salaries of their staff.
Of particular note is James Holt, who received a staggering 277% increase in salary.
This significant raise is believed to be linked to his role in helping Meghan and Harry hide a substantial sum of money, which Lady C claimed originated from charitable sources.
According to Lady C, Prince Charles initially made millions of dollars in donations, which were then transferred to a holdings account before being redirected to the Archival Foundation.
This arrangement not only raises eyebrows but also creates favorable tax conditions for those involved.
Lady C further raised concerns about the income balance of the foundation, as there was a lack of interest income despite a significant cash balance.
How is it possible for an organization to have eight million dollars in cash but only earn a mere $4,141 in profit?
Such a low return on capital would be heavily criticized in the context of a US charity.
Additionally, Lady C questioned the need for three full-time staff members, arguing that this number seemed excessive based on the projects cited.
Furthermore, the reported $91 public donation has raised eyebrows, especially when compared to the legal costs associated with the foundation, which appear inconsistent.
In essence, Lady C suggests that Meghan and Harry may be the primary source of donations, allowing them to benefit from tax breaks.
Allegedly, money has been strategically moved between accounts, raising questions about their financial practices.