A Cautionary Note
Posted April 16, 2011
I have heard from reliable sources that in pursuit of a business project to finance ISKCON activities, His Holiness Bhakti Caru Swami has incurred a large debt to banks, well-wishers and disciples. The business project went bankrupt and now there is a significant debt which BCS is attempting to pay down since he was involved in the endeavor. I recommend that the GBC caution ISKCON leaders about fund raising for business projects even for the purpose of devotional service. The position of guru is powerful and disciples or well-wishers may feel obliged to donate. I urge the well-wishers of Bhakti Caru Swami to be certain of the precise purpose of any donations.
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