The luxury home of Melissa Caddick has been sold for $9.8 million, as liquidators try to claw back the millions she allegedly stole from investors through a Ponzi scheme.
Key points:
- The house is the last place Ms Caddick was seen alive before she vanished in November 2020
- Liquidators are still looking into the Edgecliff apartment Ms Caddick’s parents co-owned
- An investor meeting will be held later in February
The settlement on property in Sydney’s Dover Heights was processed on Friday, following its sale on October 28, Bruce Gleeson from Jones Partners said in a statement.
The sale of the home will go towards repaying some of the $23 million the alleged fraudster stole from 72 investors.
Mr Gleeson said it was “a good outcome,” after Ms Caddick purchased the house in 2014 for $6.2 million.
“We have received the net sale proceeds from the major items of jewellery, artworks, designer and luxury goods that were sold prior to Christmas 2022,” Mr Gleeson said.
“We have also received from Christian Dior Australia documents and funds they had been holding on behalf of Melissa Caddick.”
The liquidators are now turning their focus on the outstanding Edgecliff apartment Ms Caddick’s parents co-owned with their daughter.
Barbara and Ted…
