‘My error’: Raygun’s brother admits role in crypto scam
The brother of Olympic breakdancer Raygun has admitted he made an error when was involved in a cryptocurrency investment scheme that fleeced investors of more than $180,000.
Brendan Gunn was the director of financial services company Mormarkets when he received two bank cheques issued by Commonwealth Bank totalling $181,000 in March 2020.
The funds had been deposited by three victim investors for conversion into cryptocurrency but were instead funnelled into Mormarkets accounts, according to agreed facts of his court case.
Victims were brought into the investment scheme mainly through online investments that were allegedly endorsed by celebrities.
Brendan Gunn said his “error” was telling banks his company was a cryptocurrency broker. (Joel…
