Foreword:
Based on two informed responses to my message may I add:
1. It was never our intensional to cheat the transit system. Ticketed travel is very reasonable and way ahead of USA public transit.
I did read the transit website, but either missed or misread important information for non-EU travelers.
Our hotel concierge mis-informed us.
When we informed him of our fine, he offered to pay us out of his own pocket because of his error. We, of course, did not accept, as it was ultimately our responsibility.
Just left beautiful Budapest with one unpleasant and costly experience.
Warning: Only European Union (EU) tourists can travel free on Budapest Public Transit (Metro, Trams, Buses). Non-EU travelers are subject to very stiff fines (8000 Forints/person on the spot). You may be "told" that over 65 age ride free, but not non-EU travelers.
Always get a ride ticket or ride pass.
One ticket attendant let us pass a Metro point only to be stopped and fined by transit black arm-banded inspectors when showing our passports fot the next Metro line.
Just be careful about transit "advise" for over 65, be sure to ride with a ticket or multi-day pass, and have a wonderful time in Budapest!
William Neely
Oakland CA USA