Billionaire dubbed ‘Lambo Guy’ known for million-pound house giveaways in court

Melbourne: So, there’s this billionaire named Adrian Portelli, right? He’s the guy everyone calls ‘Lambo Guy’ because of his flashy lifestyle and those wild giveaways he does. Well, he’s in a bit of hot water now. He’s facing nine charges for allegedly running an unlawful lottery. But here’s the kicker—he’s planning to plead not guilty.

Portelli, who’s got a massive following on Instagram, was in court recently. His company, Xclusive Tech Pty Ltd, is also in the mix, contesting these charges. They say they want to get this sorted out quickly. The whole thing revolves around his giveaways, which included houses from the reality show The Block.

He bought up all these homes to give away, but the winner opted for a whopping $8 million in cash instead. Talk about a choice! His business model is kind of like a rewards club where people can win cars and properties, but it’s being scrutinized for possibly being an illegal lottery.

The authorities have been looking into this since early 2023, and it seems like they’ve got a solid case. The next court date is set for March 6, so we’ll see how this unfolds. It’s a wild story, and it’s not every day you hear about a billionaire in court over something like this!