On Mar. 5, AST ASIC charged Brendan Gunn re proceeds of crime.
AST ASIC brought charges against Brendan Gunn, director of Mormakets Pty Ltd.
With one offence under s.400.9.(1) of the Criminal code on dealing with money that could reasonably be suspected to be crime proceeds between Mar. 19–May 15, 2020.
Allegations
The alleged offence took place between Mar. 19, 2020 and May 15, 2020 and involved an investment amount of AUD 181k from three victim investors.
Gunn, director of Mormakets Pty Ltd, allegedly dealt with two bank checks containing proceeds from investment deposits meant for cryptocurrency conversion.
Mormarkets accepted deposits for cryptocurrency, overseas investment opportunities.
He allegedly attempted to open several bank accounts on the company's behalf despite these accounts being repeatedly closed due to scam concerns, being informed of them.
Next Steps
Next court hearing is scheduled for Apr. 29, 2025; at time of offending, each breach carried a maximum penalty of 3 years imprisonment, an AUD 37,800 fine, or both.
