Royal Family News: Prince Andrew Mysterious £750,000 Bank Deposit Questioned

British royal family news reveals that after Prince Andrew’s infamous 2019 BBC interview, which was intended as a name-clearing exercise, he was put out to pasture as a royal, mothballed and forbidden to represent the queen. He thought he would salvage his reputation besmirched by friendship with dead convicted pedophile Jeffrey Epstein, but he merely hastened his public demise.

The cynical among us might say that for headline writers Andrew is the gift that keeps on giving. Still, they would not be wrong. His latest gift to the media concerns his, “Pitch@Palace global initiative as a way of reconnecting with the public.

It doesn’t seem to be working the way he intended.

Prince Andrew Is A Disgrace?

According to the Daily Mail, “The Dragons’ Den-style mentoring network to connect start-up firms, often in the technology sector, with potential investors was the Prince’s pride and joy and, it was claimed, had raised tens of millions of pounds for local and national economies.” All good. Maybe too good?

Today the focus is on what, “exactly happened at a Pitch event at St James’s Palace on November 6, 2019, with questions mounting over the integrity of businessman Selman Turk, who took part and who is, separately, now embroiled in a High Court fraud case.”

Prince Andrew Makes Headlines Again

Turk allegedly owes, “employees tens of thousands of pounds, and even a member of the House of Lords is out of pocket.”
And so Andrew now faces more awkward questions about his associations. The outlet claims that the alleged fraudster, “whose company Heyman AI had received a Pitch@Palace award, has been accused of facilitating the placement of £750,000 into the Prince’s personal account at his bank … just days after the event.”

Prince Andrew Earns More Scrutiny

High Court documents show that Turk is accused of a £40 million fraud. This brings Andrew, and even his ex-wife with whom he still lives, Sarah Ferguson, into the fray. Namely, “how and why they came to receive large sums from accounts linked to Turk.”

It doesn’t help Andrew that, “A former business associate of Turk has reportedly claimed that the money ‘was all to do with ensuring Heyman AI did well at Pitch.’” For now Andrew continues to be a headline generator, something he may have thought would end with his February out of court settlement for millions of dollars with his sex abuse accuser Virginia Giuffre. Nope.

Be sure to catch up on everything happening with the royal family. Come back here often for royal family news and updates.