Warning! Suspicious deaths of elderly in Budapest’s property market

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The real estate mafia is trying new insidious tricks in Budapest’s 3rd district. The fraudsters intend to acquire the homes of the elderly through maintenance contracts. According to the warning, there have been several cases in the last five years where a maintenance contract had been concluded with an elderly single person who died soon after the conclusion of the contract.

This time, fraudsters in Budapest’s real estate market are targeting elderly owners. As the Hungarian news portal Ripost reports, shocking warning posters appeared in Óbuda, in the panel houses on Vörösvári road, as several elderly people had died under suspicious circumstances after having entered into a maintenance contract.

The warning poster affixed by the president of the Óbuda Housing Cooperative No. 5 (3rd district) warns those living in the area to be careful if a maintenance contract is proposed to them, as several suspicious deaths of elderly happened in recent years.

“We have to protect our residents! Attention! Well-known people in the area offer money to our elderly residents under a maintenance contract, and then the elderly residents concerned will die under suspicious circumstances within 1-2 weeks! Please be careful with whom you enter into such a contract!” – can be read on the warning poster.

According to the informant, there have been several cases in the last five years where a maintenance contract had been concluded with an elderly single person, and then they died soon after the conclusion of the contract.

The suspicious cases do not belong to the same person but a group. By signing the contract, the owners give up their home in exchange for care and EUR 282 (~HUF 100,000) per month.

Read also: Members of crime gang who stole money, jewellery from elderly arrested – VIDEO

The man knows of four cases that happened in the block of houses. According to rumours, one of the victims was said to have been overdosed with heart medicine, while another of the fatalities was due to insulin overdose. The old man’s body was found by the police and firefighters three weeks after he died.

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