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Rositsa Encheva, Konstantin Krastev and Slavcho Slavchev – part of the Help Karma Board of Directors
Shadows have appeared on the infamous Help Karma Foundation. This was revealed to Frog News by people who have used the “services” of the organization. An investigation by bTV this morning showed how the fabulous sums from the donation drives actually flow into the pockets of board members in the form of rewards, bonuses and loans.
Some time ago we were informed by the media that MRF MP Delyan Peevski is one of the biggest donors to FC Levski, and his money goes through a campaign organized through Help Karma. We did not mention the name of the organization at the time, but management recognized it and demanded that we undermine its good name and prestige. We also remind you of another interesting fact: in just 8 hours, 222,000 euros were raised through the same foundation for the Alexandrovska Hospital during the first wave of covid. It is a known fact that the main donor of this medical institution is again Peevski. However, there is no evidence that the MRF MP is related in any way to the foundation.
Interestingly, a regular donor to various Help Karma campaigns is a widely publicized fast credit company on television, which also contacted the burly businessman-MP in various media publications. It is probably not a coincidence that Help Karma boss Konstantin Krastev was in the running of this same company for quick loans.
Mothers of The System Kills Us contacted us to reveal another scandalous fact. The allegations are that the foundation is proposing a “profit” scheme through which money raised from donors is divided 50/50. The campaigns are presented for the benefit of children in need of treatment.
Help Karma caught the attention of Frog News in the spring of this year. We asked various institutions about their activities and the total lack of transparency of their financial statements. An inspection of Frog showed that its latest annual financial reports for 2018 and 2019 were published just a few days ago by the Registration Agency at the Commercial Registry. We also have correspondence with Konstantin Krastev, who claims that any hint, even indirect, of connecting the foundation with Delyan Peevski would put the people who depend on them in a very risky situation, as they undermine the trust of hundreds of thousands of donors.
Expect more sensational revelations about the foundation’s activities, its benefactors, how it is funded, and how millions can be raised to treat the sick.
Frog news
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