The billionaire who made his name through The Block has been charged by the South Australian consumer watchdog.
Billionaire Adrian Portelli and his “membership rewards” business LMCT+ have been charged by a consumer watchdog with allegedly conducting a string of illegal lotteries.
Charge sheets reveal Portelli faces nine counts of being involved in the “conduct of an unlawful lottery”, while his company, Xclusive Tech Pty Ltd, which trades as LMCT+, also faces the same nine charges. All houses were offered as giveaways to members of LMCT+. “As mayor of Portelli town, I would like to announce a world first,” he wrote on Instagram the day after last month’s finale. “LET’S GIVE AWAY A FKN RESORT!!!”Though some viewers were cynical about the move, many celebrated him for giving a big win to the season favourites and the show’s executive producer Julian Cress praised Portelli as a “savvy” businessman for using the platform.
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