Homeless CEOs
The budget is loosing billions due to the activity of white-collar criminals who use homeless people's IDs to found companies and commit fraud. The agents offer Ft 5-10 thousand to the homeless in return for their IDs, which are abused and often forged. According to National Police Headquarters official László Vankó, one of the homeless shelters in Budapest houses the headquarters of 72 firms. This suspicious technique is mainly used to charm away companies that have committed fraud and accrued arrears. These firms, with dues often in excess of Ft 100 million, are then sold to the homeless, who have no idea about the contracts they sign. As the leverage is often multiple, investigators find these cases difficult to track down. (Vg 4) E.C.


