Overview
- Gunn admitted in Sydney’s Downing Centre Local Court to dealing with more than $100,000 in suspected proceeds of crime tied to Mormarkets.
- He handled two Commonwealth Bank cheques totaling $181,000 in March 2020 that came from three investors expecting cryptocurrency conversions.
- Victims were recruited through online ads that allegedly used celebrity endorsements, and purported account managers later cut contact without returning funds.
- Agreed facts state Gunn opened and maintained accounts that banks repeatedly froze or closed, and emails show he tried more than 25 banks and reported $1.6 million frozen.
- Next steps are scheduled in February, though reports differ on the date and on the maximum penalty that could apply in the Local Court.