Large-scale scheme uncovered: party cashier defrauded dozens of nearly 1 million euros

39-year-old Ginka Borisova, a former cashier for the GERB party, is accused of defrauding dozens of people of nearly 1 million euros by assuring them that they would receive money from EU funds through the party. The case was revealed following a new investigation by "Nova TV," which also identified the woman by name.

Borisova is already being called the "second Ruja Ignatova." According to the investigation, she worked as a cashier for GERB until last year and used this position to convince people that she was a high-ranking official in charge of party financial programs aimed at supporting citizens. Thus, according to the outlet, she built a financial pyramid that has left over 40 people victimized. Currently, Borisova is in custody, and her detention measure has been upheld by two court instances.

The scheme was presented as a program under which people had to sign a contract with the party. GERB is adamant that such a contract is fake. Borisova organized meetings with the victims outside the party's building and headquarters to convince them that what she was saying was true. In some cases, entire families took out loans of up to 200,000 euros, and the scheme had been operating since September 2020.

People were misled into believing they were participating in a GERB financial program. Borisova promised them approval for an EU funding program, but they first had to take out a loan. According to her claims, the larger the amount, the more funds they would receive from the EU.

The victims took out loans and handed the money to Borisova in cash. She instructed them to take out the loans in the presence of a loan consultant known to her. Afterward, she would conclude a contract according to which the party was supposedly supposed to cover the loan every month. Later, the woman convinced people to include their relatives in the scheme as well.

The prosecution states that they have no official data indicating the party was involved. GERB learned of Ginka Borisova's illegal activities after the first investigation and fired her immediately. Part of the funds were used for personal needs - luxury items, expensive vacations, and cosmetic procedures.