Beware of swindlers! Criminals stole 65 million with illegal money exchange

If you travel to Hungary and, for some reason, you cannot use or want to use your credit card, so you need to exchange your currency to Hungarian forint, make sure to always do so in a licensed centre.

The Hungarian police have found that the so-called “rid-deal” method of swindling money can be traced back for quite a few years, which is exactly what they did.

This is what to look out for

According to Origo, the “rip-deal” method is based on the skill of sleight of hand. The perpetrators offer foreigners to help them exchange money for a much preferable rate than that of a licensed centre.

If their victim agrees to the exchange, they would then give the victim the money they promised. This bundle of money is real, and they even allow the victim to check and count it.

After this is done, the criminals somehow switch the bundle of real money to another one that contains mostly fake cash. The victim thinks they got the money they wanted because they just counted it, but in reality, the swindlers took the original sum of money for a bundle of fake money.

Police.hu reported that this type of crime was very popular between 2013 and 2015, and the Hungarian authorities have managed to catch many criminals connected to a series of crimes of the same kind.

read also: Selling Fake vaccine certificates is a booming business in Hungary – VIDEO