Consider:
The supermassive black hole in a galactic core. A neutron star of nearly maximum mass does a very close flyby (remember, galactic black holes don't have the incredibly vicious tides of an ordinary one--it can get awfully close without crossing the Roche limit.)
Now, a neutron star can easily have an escape velocity of half of lightspeed. What happens when it flies past at 86% of c (Lorentz factor = 2). An observer sees it with half the radius in the line of motion and twice the mass--it's escape velocity is above lightspeed. Thus the observer sees the object as a black hole.
It completes it's flyby and slows back down--the observer sees it go from being a black hole to being a neutron star--but that can't be.