Hungary suspected base of German PET bottle scam

Retail

German authorities suspect that Hungary is the base of a high-value scam involving container deposits on plastic bottles, news outlet Abendzeitung München reported yesterday.

Local authorities apprehended a Hungarian man trying to claim the €0.25 after a plastic container from a recycling device at a Munich store. It turned out that the bottle wasn’t from legal trade but instead manufactured for the exact purpose of tricking the automated recycling systems.

In describing the scam, Abendzeitung München mentions mafia and gangsters; the arrested Hungarian citizen is reportedly current incarcerated in pre-trial detention and has yet to provide investigators with more information regarding the alleged crime network.

Police eventually found numerous containers in the recycling stations of several retail chains. The estimated damages must be in the tens of thousands of euros, as an investigator explained that a small-time operation would not be worth the effort.

– Material from Gergő Rácz was used in this story

HUPX Joining Serbian, Slovenian Peers in Adex Power

HUPX Joining Serbian, Slovenian Peers in Adex

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.