Disgraced Duchess of York Sarah Ferguson has said she is sorry for the cash scandal in which she promised to disclose information about Prince Andrew for $874,000 (£500,000).
In exchange for the cash Fergie promised to give an undercover reporter posing as a businessman access to her ex-husband Prince Andrew, who is fourth in line to the British throne.
Fifty-year-old Fergie was caught on video by UK’s News of the World newspaper agreeing to accept a US$40,000 ($48,710) cash down payment from an undercover reporter who was promised access to the prince.
“I very deeply regret the situation and the embarrassment caused,” the Duchess of York said in a statement.
“It is true that my financial situation is under stress. However, that is no excuse for a serious lapse in judgement and I am very sorry that this has happened.”
The incident has surely caused the British royal family embarrassment and will continue to haunt the duchess.
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