Lmct plus

A multi-million dollar syndicate which promotes the give-away of expensive cars and other prizes is allegedly under investigation lmct plus state gambling authorities, lmct plus, it has been revealed. However, it is best known for its monthly member giveaways of luxury and exotic cars — promoted via social media — as well as houses and cash prizes. In many cases, companies wanting to raise money by offering a raffle or lottery would typically be required to obtain and abide by state-issued raffle or lottery permits.

Been seeing Adrian Portelli on news. So I went to the website and it seems like their business model comes from paid membership discounts similar to Entertainment Rewards? But the list of businesses that he has on there is predominantly automotive and very niche. And you can't see details or any info on the discounts you would be able to get before you sign up. I've heard his company is being watched very closely by police due to claims of links to organised crime and money laundering. People seem to love the guy and his business online, but it all screams dodgy imo and I wouldn't be surprised at all if those claims were true. I've read that certain commissions are investigating and paying close attentions to the giveaway side of things but what about the discount business side?

Lmct plus

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Motor Shows.

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When you are there you can access the discounts from our official partners, update your details if need be and also see our upcoming special offers and promotions. If you upgrade to a yearly membership that comes into effect instantly. Once that comes to effect you will receive the amount of entries and access associated with that membership tier. If we generate a new promotion you will receive entries for that tier. How the system generates entries are based on 2 factors:. For example, if you are on premium for 4 months that is 16 entries, then you drop down to the entry level for your 5th month. If you are a Yearly Loyalty Member your tier and entries are set now for that entire until you are billed again. For example, if you are on premium for 4 months that is 16 entries.

Lmct plus

A multi-million dollar syndicate which promotes the give-away of expensive cars and other prizes is allegedly under investigation by state gambling authorities, it has been revealed. However, it is best known for its monthly member giveaways of luxury and exotic cars — promoted via social media — as well as houses and cash prizes. In many cases, companies wanting to raise money by offering a raffle or lottery would typically be required to obtain and abide by state-issued raffle or lottery permits. The company has spawned dozens of other similar car giveaways operating under the 'trade promotion' exemption — some specialising in modified performance cars and four-wheel-drives, while others offer rare Japanese supercars. Mr Portelli's business has been known to purchase some of Australia's most valuable muscle cars at auction in order for them to be given away to its members — however, it's understood many choose the cash equivalent rather than the vehicle being given away. While Mr Portelli is understood to have denied any wrongdoing, anti-gambling activists are calling for the "loophole" to be closed. Ben Zachariah is an experienced writer and motoring journalist from Melbourne, having worked in the automotive industry for more than two decades. Ben began writing professionally more than 15 years ago and was previously an interstate truck driver. He completed his MBA in Finance in early and is considered an expert on classic car investment.

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Video: US driver filmed as car launches off embankment. People who join later are at a severe disadvantage because their entries are lower but still pay the same monthly fee. Lotteries are a bad bet compared to other forms of gambling. You become a member because every month that you're a member adds 20 free entries into all of their giveaways, and you get an extra free one for every month you're a member, which stacks. View 2 images. Ethan Cardinal. New Car Showroom. And you can't see details or any info on the discounts you would be able to get before you sign up. If it was dodgy the cops wouldve got him by now its too high profile for them not to have looked into it. City Cars. Sell My Car.

These giveawyas are exclusive for loyalty members so if you're not a member sign up here : bit.

It's the same as tax loopholes though, technically they are mostly legal. But I'd love to win a Gold Coast home. Look at the comments on Facebook posts of people that buy the memberships, you'll quickly ascertain the average IQ of the group. Drive's Best Cars. South Australia introduces Japanese-style number plates. That's not how the legal system works. The main attraction is their giveaways but this type of business is not allowed. Previous Next. Ben Zachariah. Drive Team.