Fraud Alert: Zarko Palankov

FRAUD ALERT!  Svetozar “Zarko” Palankov

Svetozar “Zarko” Palankov claims to be the “Founder and President” of The Global Language Network.

The Global Language Network was founded solely by Andrew Brown, in September 2005, nearly two years before Mr. Palankov began volunteering on a part-time basis with the organization.

Mr. Palankov began employment with GLN in 2008 and his position from 2008 until his termination in February 2015 was Assistant Director.

At no time did Palankov serve as “President” and he was certainly not a founder in any capacity. Any claims to the contrary are fraudulent and at complete variance with GLN’s corporate documents.

The position of President is an elected position on GLN’s Board of Directors and at no point during Mr. Palankov’s short time with GLN was he ever elected to the position of President.

Mr. Palankov served as Secretary on GLN’s Board of Directors from 2005 until February 2008. One of the fiduciary duties of Secretary is to maintain accurate records of corporate documents and minutes of the Board of Directors.

GLN Legal Counsel discovered fraudulent Board of Directors meeting minutes maintained by Palankov, inventing meetings that never took place and scripting entire discussions that never happened. One such discussion was where Palankov “adopted” the title of “President”.

It is of personal opinion that Palankov may have “adopted” the title of President, and has since claimed this title publicly, in order to support a fraudulent Green Card Application that he submitted for himself, hiring legal counsel with GLN funds, without authorization of GLN’s Board of Directors whatsoever.  In this Green Card Application, Palankov claimed to be President of GLN, a position title that would have caused the Department of Labor to force GLN to raise Palankov’s compensation to approximately $117,000 per year, an amount nearly equal to GLN’s entire annual budget. Palankov was aware of this and nonetheless pursued the application without taking any necessary accountability measures with GLN’s Board of Directors.

Palankov was terminated in February 2015 by unanimous vote of GLN’s Board of Directors. GLN’s President and Chairman of the Board summoned Palankov on behalf of the Board of Directors, and requested certain financial reports as well as answers as to why the website domain had been removed from GLN’s ownership to a private account established by Palankov at some point in February 2015. Palankov refused the meeting and claimed to be “busy making breakfast” at the time and date requested by the Board.

When confronted with multiple concerns Palankov did not apologize or show remorse, rather, he replied “so fire me.”

Palankov was terminated February 2015 and nonetheless continued to claim to be GLN’s Founder and President. After initially refusing to return GLN property, office keys, and key documents, Palankov eventually succumbed to legal pressure, perhaps due to his visa being out of status upon his termination.

GLN still seeks clarification as to why Palankov transferred over $89,000 of GLN charity funds to his personal PayPal account without receiving authorization from the Board of Directors. Nonetheless, Palankov requested additional funds upon his termination. As per GLN’s legal obligation, GLN attempted to pay to transport Palankov back to Bulgaria once his visa became out of status, however he did not accept the offer.

Palankov may still be in Washington, DC, misrepresenting his role at GLN in order to gain employment. If you are an employer we urge you to contact us immediately. He may have established a company LeadIn or Lead.In, and may be misrepresenting himself to the public.

GLN Legal Counsel attempted to serve Palankov a subpoena on multiple occasions and Palankov avoided service in each instance.

GLN requests that any individual who knows the whereabouts of Mr. Palankov or any details of his actions to contact GLN immediately.

———- Forwarded message ———-
From: Andrew Brown
Date: Fri, Feb 27, 2015 at 9:02 AM
Subject: Zarko’s dismissal effective immediately
To:  “All GLN Volunteers and Staff”
Cc: “GLN Board of Directors”, “GLN Legal Counsel”

Dear GLN Team,
It is with a heavy heart that I inform you that Svetozar ‘Zarko’ Palankov has been terminated at GLN as of Monday 2/23/15. The Board of Directors unanimously came to this conclusion in the utmost best interest of GLN. Legally it was very clear-cut but on a personal level it was difficult for everyone.At this point we cannot legally disclose all of the reasons, but please know that it is quite complicated and that the Board must put emotion aside and act in the best interest of the organization.The Board of Directors also voted unanimously to dissolve the volunteer ‘Programs Advisory Council’ which was also being termed “board of trustees;” as it was a misrepresentation of our organization, and any actions that came from it were and are null and void and do not represent the organization. The volunteers involved have also been dismissed from their limited volunteer capacity.Again, we cannot, at this time, share all the reasons for Zarko’s dismissal, but the Board of Directors requests at this point that any staff, volunteer, teacher, or anyone related to GLN immediately cease all contact as it pertains to GLN with Zarko Palankov, J——- H—-, C—- K—, and C—- M—–. These individuals do not represent GLN in any way and are not to be provided any private, personal, financial, or any other information pertaining to GLN. There should be no forwarding or transmitting of any GLN information or communication to the above individuals. These individuals have acted outside the course and scope of their authority.
It is strictly forbidden for any GLN personnel to communicate, transmit or transfer any information (as it relates to GLN), particularly any confidential information, financial information, or any information related to GLN classes, events, programs or anything else to any unauthorized individuals.
All GLN accounts for the above individuals have been suspended. Only those authorized by the organization and acting in the best interest of the organization may have access to GLN accounts.We understand that you may have questions about accountability in the organization. We assure you that programs and classes will continue as usual at GLN. More important, with a strong resolve for transparency, accountability, and conducting all GLN business with the highest level of ethical, moral, and legal code, we assure you that GLN will stay strong, and grow stronger.The event planned for this Sunday is not a GLN-approved event and we are not encouraging anyone to attend. Anyone who wishes to attend for personal reasons may do as they wish, keeping in mind that any misrepresentation of GLN should be reported directly and immediately to the Board of Directors.To assist GLN in avoiding increasing legal debts and fees, we ask that all GLN personnel refrain from any GLN-related contact and communication with the above individuals.We will be sending out a follow-up soon with a transition plan to fill Zarko’s role as manager, as well as the next steps in moving GLN forward.We appreciate your honesty, loyalty, and integrity and we are fully committed to continue governing this organization with the highest standard of ethical, moral, and legal conduct. Please feel free to email or call me with any questions or concerns, I can be reached at on my mobile, XXX.XXX.XXXX through Monday afternoon, after which point I can best be reached by email or my office line: XXX.XXX.XXXX.
I am in meetings most of today and might not respond immediately but I will gladly respond to any and all messages.
Andrew Brown
Founder, Chief Executive Officer, and Chairman of the Board of Directors

   CC: Board of Directors
Dr. Mohamed Gouali, Board of Directors
Dr. Richard Sawaya, Board of Directors
Charles Maslin, Esq., Board of Directors
Bennard Cann, Board of Directors

CC: GLN Legal Counsel


Andrew Brown, MPA
Founder and Chairman of the Board
The Global Language Network
www.TheGLN.org