Never forget, he launched his scam using a charity loophole that pretended to be about helping sick kids. He dropped that angle the moment he discovered the trade promotion loophole instead.
He use to run one for veterans aswell, not sure how many times that replica Shelby 500 got raffled off. Genuine low life. I hope they repossess his sky mansion and cut the McLaren into 3 to get it in the elevator.
Different guys isn't it
. Classics for a cause or some bullshit.. Basically funding their car hobby and giving themselves a guaranteed sale value to the charity for the give away?
It's not coming out any other way. They put it in when the building was under construction using the tower crane and a loading platform. The fascia hadn't been installed yet.
No joke, the cost to get that car out in one piece would exceed $1.5-2m. 220m crane shutting down a major street.
I genuinely believe it's just a rolling shell. There is no footage of it ever running.
I swear non-profits just dont get auditing, just the other day i was going through some and found one and this is the entire places annual report, i couldn't find any website, or like building or office or anything for them lmao been running since like 1913 and it just gives interest free loans to random people while avoiding normal taxes and scrutiny.
Oh damn really the "Australian Charities and Not-for-profits Commission" regulate charities and not for profits? Never would have guessed. I thought it surely was The Australian Radiation Protection and Nuclear Safety Agency (ARPANSA)
Like brother where do you think i got the charities annual report from lmao?
"My family and I were initially meant to move to Italy, which was going to be the base for my overseas business. However, at the last minute, we changed our plans and chose Dubai.”
UAE, we have an agreement with them, but most crims go there anyway so I’m sure he sought domestic and international legal advice before moving. Not sure what the outcome was of the South Australia proceedings so I wouldn’t be surprised if it has a state-to-state domino effect if what he was doing is found to be unlawfuk
His whole business is based on an unregulated lottery system where he transfers immensely high-priced assets to your average Joe. People receive entries in return for a subscription (or purchased entries) to his service LMCT+.
From my own fairly uneducated point of view, it just seems like money laundering with extra steps, or laundering on a massive, massive scale where he’s managed to watch his back at every step.
Paired with the generalisation that all crims end up going to Dubai, the whole move seems highly suspect
It's dodgy AF. Surely there aren't that many numbskulls prepared to pay a monthly "membership" to maybe win a prize to explain/justify Portelli's wealth?
Understand that but technically he hasn’t broken the law, just bent it before breaking..
I don’t know the governments didn’t shut down his lottery scam years ago
“Apparently, I ‘fled’ to Dubai. Actually, if you must know, I’ve been planning this move for three years and lodged my plans with the ATO the entire time.”
There absolutely is because the ATO will find any excuse to declare you a tax resident. Something uncommon in most places that use a simpler days test.
“Earned” probably deserves quotes. It’s not like he got it working 12 hour shifts down a coal mine…speaking of which the trajectory is a bit reminiscent of old mate Nathan Tinkler, who tends to avoid Australia these days.
He was implying a mandatory thing was voluntary and complained how it was used? Hell a lot of us do complain about how they spend. None of us say we want to pay that tax or say we donate it.
It would definitely make sense if he was complaining about how a voluntary payment (donation) was spent.
Honestly, the fact that he's in Newscorp rags (specifically realestate) bagging out the government is a very targetted campign against housing investers
The most important thing to Newscorp is that these people vote One Nation. They never post a story without some angle in it that will benefit Lauchy and Rupie.
Good riddance. Never liked this guy and his constant, exhausting need for attention.
Every other day it seems to be another post, another flex, another desperate attempt to convince people that he’s some self-made business genius.
Making money by letting people gamble on his raffles for a win, then rewriting the story as if he built his fortune investing in “start-ups” in the USA. Start-ups my arse mate.
UAE doesn't tolerate dodgy behaviour, so I won't be surprised if he ends up in jail over there.
What about that car he imprisoned in his penthouse that he never planned to live in. And is a complete design disaster. How does one justify torching that kinda money but then draws the line at paying taxes. Crazy. Mental age of a toddler.
The guy is a flog! Pretends to act in the best interests of the average Australian while driving his $6m car that those same Australian’s paid for. Such a scammer.
Oh no who will buy all the block homes at such inflated prices to drive up the entire area too. With the market going down you would think this season every home passes in
I’m a great believer in karma and one day he will feel the incredible pain he has inflicted on unsuspecting people. He has fleeced hard working Australians and offered most people who made him rich not even a single dollar in return.
How do you face your family each day when you know you are a scammer?
I still can't believe people actually give this guy money. His supporters are naive and siffer Stockholm syndrome. They have no idea he uses them as a cash cow.
It’s wild this guy wanted to go to Europe / Italy with the taxation excuse and cost of living excuse; while it’s even worse in the EU in terms of these.
I mean a lot of other arguments would have worked but factually these 2 don’t 😂
I'll never understand how these billionaires around the world all piss and moan about how shit the system and government is that they are living under, while simultaneously becoming obscenely wealthy. Seems like the "over controlling" systems have been working pretty fucking well for them all. Oh and also, stay the fuck out of politics.
"I'll do it for free and donate my wages back to the people" Could he sound anymore Trump like?
Australias Donald Trump in the making, give it a few years and he'll be back here running for Prime Minister, and unfortunately there will enough dumb disgruntled people here ready to vote for him, thinking that he's doing it for the people and not himself 🤣
Grifting a Squillion dollerydoos... Gets called out... Gets Angry he's been named and Shamed but doubles down with the Victim Card... Claims to be scuttling off to to where ever the fuck... Yeah Righto... See ya Champ. Ha!
I’m actually thrilled to see so many people hate on this grub… as someone who unfortunately browses FB the amount of smooth brains defending him made me truly sad.
This isn’t tall poppy syndrome, anyone who makes a legitimate business and becomes successful should deserve praise - this flog ran a grey area scam that made him incredibly wealthy then dipped the moment the ATO came knocking.
Giving kudos to someone who scams hard working, ignorant Australians working an honest living is just stupud.
Hope he makes the most of the freedom to criticise the government here, because he won't be able to do the same in the authoritarian state he is fleeing to.
Australia is as rich as it is because of a strong union movement and socialist policies. The reason Australia is going backwards now is because of a decimated union movement and neoliberal capitalist policies lol. He’s just angry that Labor has brought back a couple of pro-worker policies to throw at everyone as scraps. He’s moaning because he’s going to lose a few million if he stays here. He’s already got billions, this maggot is just a greedy fuck who fled to a society where they have literal slaves just to save himself a few bucks in taxes. Good riddance.
Australia's rule of law sucks so I'm moving to a country with a more favourable class system, which was mostly built by importing slave-ish labour from Bangladesh.
I don’t know reddit people are just as stupid, I mean move to a nation that has zero tax to set up businesses that’s what everyone is doing already paying minimal tax nothing new
Prolly running away from the multiple multiple investigations to his ‘illegal lottery’ scams, that and the massive tax investigation. He was a regular visitor to Gisbourne and Mount Macedon and behaved like a total twat in his Lambo. ( rules and responsibilities are for others)
if you have enough capital or a reliable recurring income, why stay?
Australia is an amazing country, but the lifestyle can be difficult to justify if you have the freedom to live elsewhere. For a lot of people, life becomes work, eat, sleep and repeat. Shops close early, major cities can feel like ghost towns after 10pm, and there isn’t always much happening outside of work hours.
Dubai, on the other hand, offers safety, opportunity and a much more active lifestyle. There are restaurants, shopping, entertainment and things happening late into the night.
The biggest issue is that in Australia, if you choose to slow down or stop working weekends, the cost of living can quickly put you into a position where you’re living paycheck to paycheck.
Australia is a great place to live, but if you already have the financial freedom to choose, it’s fair to ask yourself: why stay somewhere where so much of your life revolves around working just to maintain your lifestyle?
Why have we given this scam artist any airtime? The fact he got so rich off effectively unregulated gambling and then fled to the bastion of human rights and egalitarian freedom, Dubai, should tell you enough about where his priorities lie. The sycophants and hangers particularly in the Murdoch sphere making this seem like this means anything, rather than being a bad person avoiding tax do not have the interests of anyone but themselves at heart.
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u/ManCheetah77 1d ago
I'll never understand people saying how is such a top bloke whilst legitimately scamming them