Billionaire Adrian Portelli has been charged by South Australian authorities, accused of running an unlawful lottery.

Portelli is facing nine counts of conducting/assisting in the conduct of an unlawful lottery, and his company LMCT+ is facing 10 counts of the same charge.

The alleged offences are said to have occurred between January 29 last year and May 16 this year.

Adrian Portelli Billionaire bidder The Block 2024
Billionaire Adrian Portelli will face a South Australian court after being charged with running an unlawful lottery. (Instagram)

The promotions guru and property investor made waves earlier this year when he purchased all five homes on offer at The Block 2024 auction day.

LMCT+ charges monthly fees for shopping discounts, with membership including monthly draws.

A massive crowd gathered before the giveaway began, with some people having lined up from 4am in Penrith and Fairfield West.

The billionaire bidder first made a name for himself as Block royalty after splashing $16.65 million on four Block homes in 2022 and 2023.

Portelli is due to face court on January 15.

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