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Melissa Caddick mystery to be probed in inquest


Events leading up to fraudster Melissa Caddick’s mysterious disappearance before her foot washed up on a New South Wales beach are set to be scrutinised in an inquest.

The purported investment broker disappeared in November 2020, hours after the Australian Federal Police and Australian Securities and Investments Commission raided her Dover Heights home in Sydney’s eastern suburbs.

Three months later the 49-year-old’s decomposing foot, encased in a running shoe, was found on Bournda Beach on the state’s South Coast.

Before Melissa Caddick disappeared in November 2020, the Sydney business woman ripped off more than 60 investors to the tune of $25 million dollars.
Melissa Caddick disappeared in November, 2020. (Nine)

Following this discovery NSW police stated they believed she was dead. But other theories circulating include her escaping undetected and living somewhere without one foot.

These theories will be tested at a two-week inquest into the conwoman’s disappearance, due to begin on Monday before Deputy State Coroner Elizabeth Ryan.

It is believed about 74 victims lost at least $23 million through Caddick’s Ponzi scheme, over which she was set to face a string of charges.

A bunch of flowers at the fence in front of the Dover Heights home of Anthony Koletti, Melissa Caddick and her 15 year old son reside. Part of Melissa Caddicks remains were found at Bournda Beach on the South Coast of NSW. Dover Heights, Sydney, NSW. 26th February, 2021. Photo: Kate Geraghty
Caddick’s Dover Heights home was raided by the AFP and ASIC. (Kate Geraghty)

They believed she would invest those funds on their behalf and she created fake documents to suggest she had done so, but instead used the money on her own lavish lifestyle.

Her multimillion-dollar home is being liquidated along with other valuables including two luxury cars, jewellery and designer clothes, to compensate victims.

But her parents, who say they were also scammed by their daughter, are fighting in the Federal Court against the repossession of an Edgecliff property they reside in.

Caddick’s foot was found on the NSW South Coast. (James Brickwood)

Barbara and Ted Grimley originally lived in Sydney’s south, but were convinced to sell their home and move east to be closer their daughter and her family.

They contributed almost $1.2 million to the purchase of the apartment, bought in Caddick’s name, on the condition they would have the right to live there rent-free until they died.

Meanwhile, her husband has also filed a Federal Court claim of entitlement over matrimonial property including two mansions, $2 million of jewellery and clothes, $7 million of shares and proceeds from $360,000 of sold-off cars.

Anthony Koletti applied on the basis of his “financial and non-financial contributions” to the marriage since he tied the knot with Ms Caddick in December 2013.



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