A shocking case was reported by the Budapest prosecutor’s office on Monday: an employee of a car dealership was accused of selling 24 vehicles and embezzling more than 223 million forints (550,000 euros) that he made from the sales, causing a huge loss to his employer.
In most cases, the wagons were transferred to authentic buyers, but the 27-year-old defendant did not pay the amount to his employer, but spent it on himself. He used the money to buy cars, high-value technical goods, and clothes.
Additionally, he gambled money in online casinos and sports betting sites.
In one of the most egregious cases, the man agreed to the purchase price of HUF 8 million (EUR 20,000) for a car and promised to report back to the buyer within a week. However, he spent the money on himself and never handed the car over to the new owner.
According to media reports, the incidents took place at Wallis, a widely known car company, and the cars involved were BMWs. During this time,
a total of 25 cars could have been mishandled at one of the premises of the Wallis dealership in Budapest, where the company’s used car dealership is located.
At the beginning of 2020, during an inventory, it turned out that there should have been 24 additional cars compared to the permanent stocks of the car park, which is surrounded by a fence, equipped with a barrier, a camera and a guard stand, but there was no sign of them. When the cars were found with their new owners, they were seized by police and impounded.
The owners said they had officially paid the price of the cars and transferred them into their name, so the cars belonged to them. They said if there was any abuse, it was Wallis’ business, they had nothing to do with it. However, the company claimed that its employee sold the cars by falsifying documents and without the money being transferred to Wallis. On this basis, the company can claim ownership of high-value vehicles.
Hungary is preparing for new solutions in the automotive industry, says Minister of Technology
Eventually, once the investigation stage was completed, all but one of the owners recovered their car from the police.
The events raised serious questions about the oversight of Wallis Motors, and on top of that, several of the affected buyers said that when they paid the price for the cars, it happened in Wallis, although they didn’t have not obtained official papers. One of the people involved even brought the vehicle back for repair. The preliminary investigation revealed that the employee had acted alone.
The 27-year-old defendant is accused of pocketing hundreds of millions between April 2019 and January 2020. Budapest’s 9th district prosecutor’s office filed charges of embezzlement of business funds in the Central District Court of Budapest. Pest and proposed that the court impose a custodial sentence. phrasing. The accused may also have to pay criminal costs in excess of HUF 7.5 million.