Christian Dior loses $262k in cash from fraudster

More than $262,000 held by fashion powerhouse Christian Dior will have to be relinquished as investigators recoup what they can in the fallout of Melissa Caddick‘s fraudulent scheme.

Since February 2022, receivers have been hard at work liquidating Caddick’s assets after the conwoman pulled off a $23 million Ponzi scheme before mysteriously vanishing.

As well as the Christian Dior funds, which were revealed on Friday in a Federal Court affidavit, Caddick’s assets have included her company Maliver, her CommSec domestic and international share portfolios, Dover Heights mansion and luxury personal items including jewellery.
More than $262,000 held by fashion powerhouse Christian Dior will have to be relinquished as investigators recoup what they can in the fallout of Melissa Caddick's fraudulent scheme.
More than $262,000 held by fashion powerhouse Christian Dior will have to be relinquished as investigators recoup what they can in the fallout of Melissa Caddick’s fraudulent scheme. (Edwina Pickles)

Earlier this week, Justice Brigitte Markovic ordered Christian Dior to hand over $262,940 in funds, plus nine years’ worth of tax invoices and other financial records to do with the Dover Heights woman and Maliver.

Of this money, $200,000 was paid by electronic funds transfer while $62,940 was paid by American Express credit card.

“Having regard to what has now emerged about Caddick’s reputed conduct in obtaining money from third parties, (Christian Dior) does not know to whom this money truly belongs,” the firm’s solicitor Masiullah Zaki wrote in his affidavit.

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

While the company said it was willing to assist the receivers, it…

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