Charges against fraudster Melissa Caddick have been dropped despite no confirmation that the scammer is dead
The Australian business watchdog is set to drop all charges against con artist Melissa Caddick, whose rotting foot was found on a NSW beach last month, tomorrow.
Last week, the Australian Securities and Investment Commission (ASIC) imposed 38 new charges on the 49-year-old Eastern Suburbs fraudster.
However, the ASIC confirmed to Daily Mail Australia that it plans to drop all charges on Tuesday, and has already withdrawn the arrest warrant.
ASIC will drop all charges against Melissa Caddick (pictured above) tomorrow, although there is no official confirmation yet that she is dead
Caddick, who reportedly cheated over $ 25 million from numerous people, including friends and family, disappeared the day after ASIC raided her $ 6.1 million luxury home in wealthy Dover Heights, Sydney on Nov.11. .
There is no official confirmation that the missing fraudster is really dead, but her decomposing foot washed up in a shoe on a south coast beach on Feb. 21.
The foot was confirmed to be Caddicks after a DNA match was made with Caddicks toothbrush material.
Caddick’s decomposed foot in a rare Asics shoe was found 250 miles away from her home on Bournda Beach on Feb. 21.
Ulladulla SES members scoured the nearby coastline after the base of Caddick was found washed up
Caddick (center) squandered $ 63,000 for vacations to Fiji, $ 37,000 for a trip to New York, and $ 120,000 for several ski trips to Aspen. In the photo with her husband Anthony (right), who is not accused of wrongdoing
The 400 km-plus journey of the shoe that contained Caddick’s foot
The ASIC will appear tomorrow morning at the local court of Downing Center, Sydney, to officially drop the allegations of the arrest warrant.
The commission does not want to disclose whether this is confirmation that Caddick is definitely dead.
“It is not up to ASIC to determine or speculate whether or not Mrs. Caddick is still alive. That is a matter for the NSW police and – should it come to that – a coroner, ‘a spokesman said earlier.
The search for Caddick’s missing millions will continue in separate suit filed in federal court next week at a two-day hearing.
Liquidators will be appointed to manage her accounts and those of her company, Maliver Pty Ltd, giving devastated victims an opportunity to get some of their funds back.
Documents filed by ASIC last week revealed the extent of Caddick’s crimes while she led Maliver, the unlicensed investment firm.
Caddick blew her victim’s money on luxury items and lavish trips abroad with the authorities confiscating high-end handbags, shoes, and clothing from fashion labels during the raid.
A lack of credible witnesses and a lack of camera footage means her disappearance may never be resolved.
More than 50 possible sightings were reported to NSW police in the weeks following her disappearance, but none were solid evidence.
Melissa Caddick (center) poses for a photo with clients. She cheated more than $ 25 million from dozens of investors, including friends and family, before disappearing
Two forensic experts have put forward a theory that Caddick may have died elsewhere before being moved closer to Bournda Beach, where her foot and trainer were discovered.
The south coast beach is over 400 km from where Caddick was last seen in her lavish Dover Heights home in Sydney.
“That’s remarkable, but it can happen,” said Professor John Hilton, a forensic pathologist.
Authorities raided her $ 6.1 million mansion in Dover Heights on Nov. 11. The next day she disappeared. Pictured: bodycam footage of the robbery
Divers stopped looking for the 49-year-old financial adviser’s remains after searching more than 6,000 square feet in the water at Dover Heights in eastern Sydney.
Earlier this month, NSW Police Commissioner Mick Fuller said authorities could not say whether she committed suicide or whether there was foul play.
He also pointed out the possibility that Mrs. Caddick could have cut off her own foot to throw the police off the scent – and that she could still be alive.
“ There’s always a chance she’ll cut her foot off and still be alive, although it’s pretty fanciful, ” he told 2GB on March 8.
Caddick, pictured with her husband Anthony who is not charged with any wrongdoing
NSW Police Commissioner Mick Fuller has previously said he is happy she’s dead, but the coroner will decide
However, he said he was satisfied that the 49-year-old millionaire was dead.
One theory to explain her disappearance was that Caddick jumped off the cliffs of Dover Heights after taking the short 300-meter walk from her home.
The route is not covered by CCTV cameras and initially led police to suspect that she had taken her own life.
But Mr. Fuller said many people jumped off those cliffs without their remains washed up hundreds of miles away.
[It’s not common to see] body parts washed up as far south of Sydney and in such good condition as she went missing on or around November 11, ”he said.
‘Not to say it can’t happen. The coroner will make further decisions. ‘
He said the shoe’s limited decomposition would indicate that it had not been in the ocean for the entire three-month period since she went missing.