Caddick preyed on mostly friends and family to steal up to $30 million through her investment scam, using the money to fund her lavish lifestyle before disappearing in November 2020.
The funds from the receivers are the “first and interim” distribution of payments to investors by Jones Partners, the receivers of Caddick and liquidators of Maliver, Caddick’s investment business.
“This distribution has resulted from receivership property we have realised, in particular the share portfolios and the Dover Heights Property that Melissa Caddick resided in,” principal at Jones and Partners, Bruce Gleeson, said.
“In many Ponzi schemes, it is not unusual for investors to receive no return, so we are pleased to be able to make this distribution and anticipate further significant distributions in the future,” Gleeson said.
“We have also recently taken possession of the Edgecliff Penthouse and are presently preparing it for sale.”
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Jones Partners have appointed Richardson & Wrench Double Bay to undertake the sale.
Gleeson said they were aiming for the Edgcliff penthouse in the Eastpoint Tower to go on sale next month.
“Edgecliff is in a prime location and the sale of it will importantly enable us to make further significant distributions to investors.”
Her husband Anthony Koletti is still fighting to keep some of her possessions in the Federal Court.