Andras Tothfalussy: a public-record advisory
Information about unpaid loans, consumer complaints, litigation, and court judgments
Andras Tothfalussy and his loans
General
Mr. Andras Tothfalussy was born on 25 September 1981. He is a Hungarian citizen.
He has been active in the trading of used consumer electronics since at least 2020, operating through corporate entities registered in multiple jurisdictions.
Mr. Tothfalussy maintains documented residency or correspondence ties to Hungary (mother's address), Slovakia (where he is registered with the foreign police office), and the United States (aunt's address).
Since this site went live in October 2025, additional lenders, investors, and customers have come forward with accounts of their own dealings with Mr. Tothfalussy and his entities. Some have asked not to be identified. Others have not yet provided documentation or affidavits sufficient for publication. The author applies a strict evidentiary standard and holds back any account carrying meaningful risk of being challenged on the facts. Accordingly, this site is not exhaustive. Other affected parties exist; what appears here is what can be fully sourced today, not what is known.
Mr. Tothfalussy's recent admission in his April 2026 sworn declaration that Amazon terminated the seller account for his consignee operation opens new lines of inquiry on the consumer side that the author intends to pursue.
Specifics regarding unpaid obligations, court filings, customer experiences, and patterns of conduct are set out in the dedicated pages of this site.
Hong Kong - $300k plus interest for 2+ years
Between 2020 and 2022, Mr. Tothfalussy obtained loans in Hong Kong that remain unpaid. In October 2023, the Hong Kong International Arbitration Centre issued an enforceable award exceeding USD 300,000 against Mr. Tothfalussy and Float Communications Ltd. (Case No. HKIAC/23011). The award is enforceable internationally under the New York Convention. According to the tribunal record, Mr. Tothfalussy did not participate in the proceedings or respond to formal communications. Mr. Tóthfalussy also evaded enforcement by changing companies and using family addresses where he however cannot be found. Attempts of serving official Court correspondence to the addresses Tothfalussy communicated to his lenders have been and remain unsuccessful.
USA/1 - $800k plus interest since July 2024
In Spring 2025, Hermelindis Stiftung filed a complaint in the Civil Court of Miami-Dade County after Mr. Tothfalussy stopped paying interest on an $800,000 loan for Secondlife Electronics Trading LLC. Following unsuccessful settlement discussions, the Stiftung elected not to pursue the complaint further, given that other creditors had already incurred significant expense obtaining enforceable judgments against Mr. Tothfalussy - only to see enforcement frustrated by Tothfalussy. In the HK case for example, Tothfalussy evaded satisfaction by disappearing, changing companies and email addresses and using physical addresses of family members - like his mother Eva Bibok in Budapest or his Aunt Ana Maria Bibok in Connecticut. The creditor is currently pursuing other avenues to assist the authorities to bring Tothfalussy to justice.
USA/2 - UK investors, summary judgment granted
A group of UK investors lent roughly $2,000,000 to Secondlife Electronics Trading LLC. In mid-2025 the parties settled, with Secondlife agreeing to repay $1,500,000 in twelve installments. Secondlife paid $300,000, the first three installments, and then stopped.
On 15 May 2026 the Miami-Dade Circuit Court granted the lenders summary judgment (Case No. 2026-001147-CA-01). On 27 May 2026 the lenders moved for entry of a final judgment of $1,232,062.47, being $1,200,000 in unpaid principal and $32,062.47 in interest, with interest still accruing. The written judgment has not yet been signed, but the default is no longer in question. It is admitted in Secondlife's own court filings.
The company that owes the money was administratively dissolved in September 2025, its address moved to a private mailbox and its registered agent replaced before the lenders had even filed. As elsewhere in this record, the obligation is confirmed on paper while the vehicle behind it has been emptied out.