Certain unidentified persons are taking advantage of the situation generated by the SARS-CoV-2 (COVID19) global pandemic with the intention to commit fraud. Various cases have been reported where persons acting on behalf of fictitious companies or companies in liquidation were approaching foreign healthcare institutions with business offers, claiming to be in possession of a large supply of personal protective equipment (mainly face masks). They demanded down payment in return for the promised shipment. Eventually, various excuses were used as to why the promised goods never actually arrived to the intended purchaser.
Frauds of this nature are capable of undermining confidence in the credibility of Hungarian businesses as well as the Hungarian economy as a whole, even if they are only attempted but not completed. Therefore, please exercise caution and due diligence prior to engaging in any transactions where you suspect something might not be right.
If you require any further information or assistance, please contact the Investment and Trade Attaché of the Mission.