Billionaire charged by authorities amid shower of praises for his charitable acts
- Replies 41
The dichotomy of public perception can often be as stark as night and day, and for Australian billionaire Adrian 'Lambo Guy' Portelli, this has never been truer.
Just as he was being lauded for his philanthropic efforts, providing much-needed cost-of-living relief to the community, the South Australian authorities have filed charges against him and his business, Xclusive Tech Pty Ltd, which operates as LMCT+.
Portelli, known as 'Lambo Guy' due to his penchant for Lamborghinis, has been charged with nine counts of conducting or assisting in the conduct of an unlawful lottery.
His business faces a similar predicament, with 10 counts of the same offence.
These charges stem from allegations by South Australia’s Consumer and Business Services that LMCT+ engaged in unlawful lottery activities between 29 January 2023 and 16 May 2024. The case is scheduled to be mentioned in Adelaide Magistrate’s Court on January 15.
Despite the legal cloud hanging over his head, Portelli's recent acts of generosity have not gone unnoticed.
The 35-year-old billionaire recently made headlines for giving away a reported $150,000 in grocery vouchers at two Coles locations in Western Sydney.
This act of kindness was part of his initiative to help those struggling with the rising cost of living, a gesture that saw thousands of grateful individuals lining up in the sweltering heat for a chance at free groceries.
Within hours of the news breaking, he took to the LMCT+ social media account, saying, ‘It’s okay, SA, we still love you.’
‘Your gambling commissioner won’t allow you to win major life-changing prizes, so I’ve decided to run exclusive, DAILY $1,000 cash giveaways to you guys instead.’
‘We still love you, and I’ll definitely be visiting to do more grocery voucher handouts.’
LMCT+ markets itself as a 'shopping tool and rewards club', offering three membership tiers at $19.99, $49.99, or $99.99 per month.
Members enjoy the benefits of a rewards program and are entered into regular giveaways with prizes ranging from new cars to major cash prizes of up to $1,000,000.
Each membership tier comes with a different monthly amount of accumulating entries into these giveaways.
Portelli revealed plans to build a hospital in Penrith for high-needs patients.
This is not the first time he has engaged in such philanthropy; he previously distributed tens of thousands of dollars worth of gift vouchers to Coles shoppers in South Australia, causing long queues and a buzz of excitement at the Munno Para and Port Adelaide stores.
What are your thoughts on this complex situation? Have you ever benefited from such giveaways, or do you have concerns about the legality of such promotions? Share your experiences and opinions in the comments below.
Just as he was being lauded for his philanthropic efforts, providing much-needed cost-of-living relief to the community, the South Australian authorities have filed charges against him and his business, Xclusive Tech Pty Ltd, which operates as LMCT+.
Portelli, known as 'Lambo Guy' due to his penchant for Lamborghinis, has been charged with nine counts of conducting or assisting in the conduct of an unlawful lottery.
His business faces a similar predicament, with 10 counts of the same offence.
These charges stem from allegations by South Australia’s Consumer and Business Services that LMCT+ engaged in unlawful lottery activities between 29 January 2023 and 16 May 2024. The case is scheduled to be mentioned in Adelaide Magistrate’s Court on January 15.
Adrian Portelli has been charged by authorities for allegedly conducting unlawful lottery. Credit: @adrian_portelli / Instagram
Despite the legal cloud hanging over his head, Portelli's recent acts of generosity have not gone unnoticed.
The 35-year-old billionaire recently made headlines for giving away a reported $150,000 in grocery vouchers at two Coles locations in Western Sydney.
This act of kindness was part of his initiative to help those struggling with the rising cost of living, a gesture that saw thousands of grateful individuals lining up in the sweltering heat for a chance at free groceries.
Within hours of the news breaking, he took to the LMCT+ social media account, saying, ‘It’s okay, SA, we still love you.’
‘Your gambling commissioner won’t allow you to win major life-changing prizes, so I’ve decided to run exclusive, DAILY $1,000 cash giveaways to you guys instead.’
‘We still love you, and I’ll definitely be visiting to do more grocery voucher handouts.’
LMCT+ markets itself as a 'shopping tool and rewards club', offering three membership tiers at $19.99, $49.99, or $99.99 per month.
Members enjoy the benefits of a rewards program and are entered into regular giveaways with prizes ranging from new cars to major cash prizes of up to $1,000,000.
Each membership tier comes with a different monthly amount of accumulating entries into these giveaways.
Portelli revealed plans to build a hospital in Penrith for high-needs patients.
This is not the first time he has engaged in such philanthropy; he previously distributed tens of thousands of dollars worth of gift vouchers to Coles shoppers in South Australia, causing long queues and a buzz of excitement at the Munno Para and Port Adelaide stores.
.png){kind=icon}
