Overview
- BBC-based reports say Andrew drove Pegasus Group Holdings executives Jay Bloom and Michael Evers into Buckingham Palace in June 2019 before a Pitch@Palace event and a private dinner with Sarah Ferguson and Princess Beatrice.
- Documents show Ferguson received more than £200,000 as a Pegasus brand ambassador under a deal worth up to £1.4 million, with a potential £1.2 million bonus, shares, first-class travel, five-star hotels, and professional styling covered.
- Pegasus’s Arizona “Hive” venture bought 615 of 16,000 planned generators and produced about $33,779 in cryptocurrency before collapsing, with U.S. investors later winning a $4.1 million arbitration award that Bloom is appealing.
- Evers says he met the late Queen during the visit while Bloom denies it, and Buckingham Palace has not responded to requests for comment on the palace-access account.
- King Charles III began the process on October 30 to strip Andrew’s remaining styles, titles and honors, the defense secretary says the government is working to remove his vice-admiral rank, and reports indicate moves to end his Windsor residence.