András Tóthfalussy

A public-record advisory

Information about unpaid loans, consumer complaints, litigation, and court judgments.

~USD 3M

Aggregate documented unpaid exposure

USD 300k+

HKIAC arbitration award, Oct 2023

$1.2M+

Miami-Dade summary judgment, signed 15 Jul 2026

1.9 / 5

Trustpilot score, palnecashop.de (12 one-star)

Public Record

Advisory notice. This is an independent public-record advisory compiled from court filings, arbitral records, public registries, and sworn declarations. It is not affiliated with, endorsed by, or acting on behalf of any government, court, or law-enforcement agency, and it makes no allegation of criminal liability. Any person named is invited to submit documented corrections.

Subject of advisory Status · Summary judgment granted

Subject · Ref AT-2025-001

Full name

András Tóthfalussy

Date of birth

25 September 1981

Nationality

Hungarian

Recorded ties

Hungary, Slovakia, United States

Associated entities

Secondlife Electronics Trading LLC · Float Communications HK Ltd · Translucent Cellular LLC · Palneca GmbH · VHPF s.r.o. · Repamach s.r.o.

Documented exposure

approx. USD 3,000,000 unpaid

Record status

Summary judgment granted — Miami-Dade Case 2026-001147-CA-01, written order signed 15 July 2026. HKIAC award HKIAC/23011 (Oct 2023) enforceable, unpaid.

Compiled entirely from public records and the subject's own sworn declarations. Not a government or law-enforcement record. Documented factual corrections are welcome and will be reflected promptly.

About this site

Three categories of documented harm

This website is a precautionary advisory regarding Mr. Andras Tothfalussy, a Hungarian citizen, and the corporate entities he operates or has operated in the used consumer electronics sector, including Secondlife Electronics Trading LLC, Float Communications HK Ltd, Translucent Cellular LLC, Palneca GmbH, VHPF s.r.o., Repamach s.r.o., and others.

The published record shows three categories of documented harm.

Category 1To lenders and investors

Mr. Tothfalussy has failed to satisfy multiple commercial loans across jurisdictions. These include an internationally enforceable HKIAC arbitration award of approximately USD 300,000 (October 2023, Case HKIAC/23011), an unpaid Hermelindis Stiftung claim of approximately USD 800,000 plus missed interest of $16,000 per month since July 2024, and a group of UK investors whose claim has now been confirmed by summary judgment in Miami-Dade County, with a final judgment of $1,232,062.47 sought against Secondlife Electronics Trading LLC. Further documented investor claims account for approximately USD 500,000. Aggregate documented unpaid exposure is around USD 3 million.

Category 2To consumers

The Trustpilot page for Tothfalussy's (meanwhile suspended) palnecashop.de carries 12 one-star reviews and an aggregate score of 1.9, the lowest the platform's algorithm produces. Customer accounts dating from March 2024 onward describe counterfeit Apple products sold as genuine, money taken without delivery of goods, ignored emails, and unreachable phone numbers. By Mr. Tothfalussy's own sworn statement filed in court in April 2026, the Amazon seller account for the same operation has been terminated by Amazon.

Category 3To accountability mechanisms

Mr. Tothfalussy has not participated in the HKIAC arbitration. He has used and keeps using family addresses and does not provide servable addresses to creditors. He has changed corporate vehicles repeatedly. In the present Miami-Dade litigation he has advanced a defense theory that attributes the consequences of his own conduct to an unrelated third party. When he cannot or will not meet an obligation, blame migrates outward. That theory however did not prevent the Court from granting summary judgment against Tothfalussy's company.

Caution

Any party considering a transaction with Mr. Tothfalussy or any entity associated with him is encouraged to conduct enhanced due diligence and to exercise particular caution before extending credit, shipping goods on open terms, accepting his entities as a marketplace seller, or making advance payments.

This advisory is provided in good faith and for informational purposes only, sourced exclusively from court filings, arbitral records, customer reviews on independent platforms, corporate registries, and Mr. Tothfalussy's own sworn declarations. Documented factual corrections are welcome via the contact address below.

Registered offices

Registered-office address board in Slovakia listing many s.r.o. companies — The registered office in Slovakia for Mr. Tóthfalussy's shell companies — one address shared by dozens of s.r.o. entities. Click to enlarge.

Registered-office nameplate board in Hungary listing many kft. companies — The registered office in Hungary for Mr. Tóthfalussy's shell companies — one address shared by dozens of kft. entities. Click to enlarge.

Andras Tothfalussy and his loans

Matters of public record

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

HKIAC/23011 · Oct 2023 · award > USD 300,000

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

Hermelindis Stiftung · Miami-Dade Civil Court

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 signed

Case No. 2026-001147-CA-01 · $1,200,000 + interest

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 July 2026 the Miami-Dade Circuit Court signed and entered its order granting summary judgment against Secondlife Electronics Trading LLC, finding a valid and binding contract, a $1,200,000 balance admitted by Secondlife, and no competent evidence for its defense. Summary judgment had first been granted from the bench on 15 May 2026. The Court directed the lenders to move for entry of a final money judgment of $1,200,000 plus pre-judgment interest, with attorneys' fees and costs to the lenders. 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.

Judgment signed · 15 Jul 2026

The pattern

One playbook, run more than once

Read case by case, each dispute looks like an isolated commercial failure. Read together, the same sequence repeats. It ran to its end in Hong Kong. It is now well advanced with Secondlife Electronics Trading LLC — the company was already dismantled on the public record before the UK lenders even filed. Once the steps are named, the next ones are not hard to anticipate.

STEP 1

Take the money

Raise loans or investment on the representation that the business is doing well.

STEP 2

Stop paying

Default on interest or installments; earlier obligations go unmet while new financing is sought.

STEP 3

Blame someone else

Attribute the consequences to an outside party — a third party, an “agent,” a supplier, a reviewer.

STEP 4

Hollow out the vehicle

Move the address to a private mailbox, swap the registered agent, let the company be dissolved.

STEP 5

Become unservable

Use family addresses, change companies and emails, decline to participate in proceedings.

STEP 6

Paper without collection

An award or judgment is confirmed on paper — attached to an empty shell — and stays unpaid.

Hong Kong · Float Communications

Completed · unpaid

2020–2023 · the full sequence

Loans obtained in Hong Kong between 2020 and 2022.
Payments stop; the obligation is left unmet.
No participation in the HKIAC arbitration or response to formal communications.
Companies changed and family addresses used; correspondence cannot be served.
October 2023: an enforceable award exceeding USD 300,000 issued (Case HKIAC/23011).
Enforceable internationally under the New York Convention since 2023 — and still unpaid.

Secondlife Electronics Trading LLC

In progress

2025–2026 · the same steps, one behind

Roughly USD 2,000,000 borrowed from UK investors; settlement to repay $1,500,000.
$300,000 paid — the first three installments — then payments stop.
The consequences are attributed to a third party, named as the lenders’ “agent.”
Aug 2024–Apr 2025: address moved to a Largo private mailbox; registered agent swapped out.
26 September 2025: administratively dissolved — months before the lenders filed in January 2026.
15 May 2026: summary judgment granted against the emptied company; $1,232,062.47 sought.

What the documented pattern suggests

The sequence has run to its end once and is now well advanced a second time. On the public record, the steps that come after the ones already taken with Secondlife are the steps the pattern has produced before: the judgment is left unpaid; enforcement meets changed addresses and unservable family contacts; responsibility is attributed to others; and the activity is carried forward through a fresh corporate vehicle while the old one is left as an empty shell.

This is analysis of a repeating, fully sourced pattern drawn from the public record — not an allegation about Mr. Tothfalussy’s intentions, which are for him to state and for the courts and the authorities to weigh.

Get in touch

Contact the author if you want to know more — or if you also are, or were, a lender to Tothfalussy or one of his entities. Documented factual corrections are welcome.

Email the author