Melissa Caddick disappears: Inquest announced into Sydney conwoman who ripped off investors

A long-awaited coroner’s inquest into the mysterious disappearance and suspected death of missing conwoman Melissa Caddick will be held within months.

The fraudster who fleeced millions from investors hasn’t been seen since leaving her Dover Heights mansion in Sydney’s eastern suburbs for an early morning run in November 2020, hours after her home was raided by the Australian Federal Police and corporate watchdog ASIC.

The only trace of Caddick was her decomposed foot found inside a sports shoe which washed up on Bournda Beach on the NSW south coast, about a year ago.

A two-week inquest into Caddick’s disappearance has been scheduled for September 12-26 at the Coroners Court of NSW at Lidcombe, a department spokesman confirmed on Monday.

‘Please note that these dates could still be the subject of change,’ he told the Daily Mail Australia.

A two week inquest into the disappearance of Melissa Caddick is scheduled for September

Caddick’s husband Anthony Koletti and her parents Ted and Barbara Grimley are among those expected to call to give evidence.

Daily Mail Australia doesn’t suggest Mr Koletti or Caddick’s parents had any knowledge of Caddick’s crimes.

The latest development into the baffling case comes after a new podcast launched this week claimed Caddick borrowed money from a lender and invested in cryptocurrency to try and pay back her investors before she disappeared.

‘Liar Liar: Melissa Caddick and the Missing Millions’, by journalist Kate McClymont, revealed the conwoman approached a lender of last resort after stealing $ 23million of her investors’ money.

She tried to make back the fortune by investing in the highly-volatile cryptocurrency market.

Forensic psychiatrist Olav Nielssen said the high-stakes gamble was a sign of Caddick’s desperation.

‘If I get the big jackpot, I can pay everybody back and then it will all go away – but that’s sort of the fantasy they exhibit,’ he said.

The new podcast investigates Caddick’s complex Ponzi scheme and tracks her attempts to cheat investors, including family, out of their money.

Anthony Koletti (pictured right with missing wife Melissa Caddick) is expected to give evidence at her inquest

Anthony Koletti (pictured right with missing wife Melissa Caddick) is expected to give evidence at her inquest

Melissa Caddick borrowed money from a lender and invested in cryptocurrency to try and pay back her investors before she disappeared, a new podcast claims

Melissa Caddick borrowed money from a lender and invested in cryptocurrency to try and pay back her investors before she disappeared, a new podcast claims

'Liar Liar: Melissa Caddick and the Missing Millions' revealed the Sydney conwoman approached a lender of last resort after stealing $ 23million of her investor's money (pictured, Caddick with partner Anthony Koletti)

‘Liar Liar: Melissa Caddick and the Missing Millions’ revealed the Sydney conwoman approached a lender of last resort after stealing $ 23million of her investor’s money (pictured, Caddick with partner Anthony Koletti)

Caddick used the stolen funds to bankroll her lavish lifestyle that included designer clothes, two lavish Sydney houses, luxury cars, artwork and jewelery.

Most of the $ 1.1million Caddick stole from her parents was used to buy a flawless diamond for $ 590,000.

Caddick’s parents had sold their family home at Connells Point, in Sydney’s south, and believed the money was being used to pay off their apartment in Edgecliff.

Instead Caddick spent the money on the diamond and other personal expenses.

The podcast also features an interview with one of Caddick’s victims who describes a revealing facial quirk she believes was the telltale sign the swindler was being deceitful.

‘Melissa had a terrible habit of just licking her lips when she was lying,’ Faye Reid tells the podcast, which has been produced by the Sydney Morning Herald and 60 Minutes.

Ms Reid and her wife, Cheryl Kraft Reid, were duped by their $ 800,000 superannuation savings by Caddick.

Ms Reid revealed last year that Caddick, who was constantly searching for new victims, would meet the couple at her home to talk over their finances.

When she did this, Reid remembers, Caddick repeatedly licked her lips.

‘It was slow and constant. She would talk a little bit and then lick her lips, talk a little bit and then lick her lips… I’m going, “Oh god, what’s wrong with this woman?”, ‘Ms Reid said.

Caddick had used the stolen funds bankroll her lavish lifestyle that included designer clothes, two lavish Sydney houses, luxury cars, artwork and jewelery (pictured, Dover Heights home)

Caddick had used the stolen funds bankroll her lavish lifestyle that included designer clothes, two lavish Sydney houses, luxury cars, artwork and jewelery (pictured, Dover Heights home)

Caddick was an unlicensed financial adviser who disappeared on November 12, 2020, the day after the Australian Federal Police raided her home on the suspicion she had embezzled $ 30 million from 72 clients

Caddick was an unlicensed financial adviser who disappeared on November 12, 2020, the day after the Australian Federal Police raided her home on the suspicion she had embezzled $ 30 million from 72 clients

Caddick was an unlicensed financial adviser who disappeared on November 12, 2020, the day after the Australian Federal Police raided her home on the suspicion she had embezzled $ 30 million from 72 clients.

The 49-year-old had been under investigation by the Australian Securities and Investment Commission (ASIC) for falsely posing as a registered financial adviser and running a Ponzi scheme fleecing mostly family and friends.

Her victims handed over enormous sums on the understanding of the money was being invested in portfolios.

Instead of Caddick, a designer brand addict who favored Chanel and Dior which she wore with her trademark fire-engine red Chanel lipstick, spent the money on clothing, two Sydney houses, luxury cars, artwork and jewelery.

In February 2021, partial human remains washed up on Bournda Beach on the NSW South Coast, 400km from Dover Heights home Caddick left four months earlier without her mobile phone, wallet or keys to go for a run just before sunrise.

Police matched DNA from the decomposed foot in the shoe to a sample from Caddick's toothbrush

Police matched DNA from the decomposed foot in the shoe to a sample from Caddick’s toothbrush

Police matched DNA from the decomposed foot in the shoe to a sample from Caddick’s toothbrush.

The podcast will follow the upmarket life led by Caddick, described as the ‘con artist of the century’, who began stealing as far back as 1998 when she was caught forging checks at an investment bank.

A quiet, unremarkable schoolgirl from Sydney’s Southern suburbs, Caddick developed a taste for luxury goods, expensive travel and haute couture, and traveled overseas 25 times between 2009 and her death.

Liar Liar promises to retrace Caddick’s travels from the ‘upmarket jewelery auction rooms in Hong Kong’ to the ‘ski slopes of Aspen’ and ‘private islands in the South Pacific’

Born Melissa Grimley, she kept her married name from first husband, Tony Caddick, who she divorced in 2013, marrying her hairdresser Anthony Koletti in the same year.

One of Caddick’s former associates claims every day the master conwoman was meeting potential prey she ‘had to wear something different work to work’, and sometimes that was ‘a ballgown’.

Born Melissa Grimley, she kept her married name from first husband, Tony Caddick, who she divorced in 2013, marrying her hairdresser Anthony Koletti in the same year

Born Melissa Grimley, she kept her married name from first husband, Tony Caddick, who she divorced in 2013, marrying her hairdresser Anthony Koletti in the same year

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