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Showing posts with label Financial crime. Show all posts
Showing posts with label Financial crime. Show all posts

Wednesday, February 24, 2021

Major twist in search for missing millionaire Melissa Caddick as the accountant's colleagues hand some VERY interesting information to police - and she could soon be NSW’s ‘most wanted’

Missing financial adviser Melissa Caddick could soon be one of 'New South Wales' most wanted woman' as police move one step closer to placing her on the notorious list.

The 49-year-old Sydneysider is alleged to have stolen about $25million from investors in a pyramid scheme before vanishing without a trace from her Dover Heights mansion one day after fraud investigators raided her home in November.

Her disappearance has been shrouded in mystery but NSW Police are growing more certain the alleged conwoman is still alive and on the run.



In the past week former colleagues claimed to police she went on a shredding spree after learning she was under investigation by the Australian Securities and Investments Commission, reports say.

It is understood police are preparing to open a criminal investigation alongside the missing persons probe, and even add her to NSW's most wanted list. 

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Melissa Caddick’s trail of ‘emotional and financial devastation’

Missing Dover Heights woman Melissa Caddick left behind a trail of emotional and financial devastation, according to Bruce Gleeson who has been appointed by the court to unravel her complex financial affairs.

After reviewing thousands of pages of financial documents, Mr Gleeson, a principal of insolvency firm Jones Partners, said he could not identify a single genuine document Ms Caddick provided to her investors.

The 49-year-old vanished in mid-November, hours after the Federal Police raided her eastern suburbs home on behalf of the corporate watchdog, ASIC. Court documents have since revealed that Ms Caddick allegedly misappropriated millions of dollars from her clients. 

Investors, most of whom knew and trusted Ms Caddick, were suffering “emotional and financial devastation” with many of them losing their life savings, said Mr Gleeson.

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