Brendan Gunn, Raygun's Brother, Charged By Australian Regulator for Crypto-Linked Fraud
- Brendan Gunn has been charged with dealing with money suspected to be proceeds of crime while serving as a director of Mormarkets Pty Ltd, according to the Australian Securities and Investments Commission .
- It is alleged that between March and May 2020, Gunn handled two bank cheques totaling $181,000 from three victims for investment in cryptocurrency.
- ASIC stated that Gunn opened multiple bank accounts despite being informed of scams, leading to concerns regarding his company's activities.
- If convicted, Gunn faces a maximum penalty of three years' imprisonment, a fine of $37,800, or both, with his next court appearance scheduled for April 29, 2025.
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Total News Sources17
Leaning Left1Leaning Right4Center2Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
14%
C 29%
R 57%
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