Melissa Caddick’s parents and older brother may be among the victims of her alleged financial trickery – as her ‘toy boy’ lover’s $1,700-per-week allowance is cut off.
Federal Court documents obtained by Daily Mail Australia revealed sibling Adam Grimley and parents Ted and Barbara paid the Sydney ‘financial adviser’ to invest in shares.
But the investment was never returned to them, according to a letter from lawyers acting for the receivers managing Caddick’s property.
That means the missing suspected conwoman’s closest family members are among dozens of investors whose savings have disappeared.
The shocking twist comes as Anthony Koletti, the suspected conwoman’s unemployed hairdresser and DJ lover, suffered a major financial blow.
Koletti has been stripped of the court-ordered weekly allowance he was using to pay for his and Caddick’s teenage son’s living expenses. Meanwhile, his prized $300,000 sports car has reportedly been repossessed.
The joy ride’s over: Melissa Caddick’s husband Anthony Koletti (above, behind the wheel of a left hand drive luxury vehicle) will be stripped of his $1,700-per-week allowance when his wife’s remaining bank balance is exhausted, the Federal Court has heard
It comes as The Sydney Morning Herald reports his prized Audi R8 sports car (above) was believed to have been repossessed. In recent months he has only been seen driving a Mercedes instead
Caddick’s fourteen bank accounts had just $5,600 left in them for Koletti’s use, said Stephanie Fendekian, a lawyer for the corporate regulator ASIC on Monday.
Justice Brigitte Markovic ordered ‘no further payment’ be made to Caddick’s husband once the bank balance had been exhausted.
The move to shut down Mr Koletti’s allowance may satisfy furious investors who have argued Caddick’s assets shouldn’t be used to keep her family in the pleasant lifestyle they are accustomed to.
Caddick is believed to have misappropriated more than $25million in funds that she was meant to use to buy shares or property for investors.
Many of her alleged victims are known to be close family friends and wealthy associates.
But a February 1 letter from Michael Hayter, a lawyer for Caddick’s receivers, indicates that money invested by her parents and brother was unaccounted for too.
‘Could Mr Adam Grimley urgently provide to us details of the monies he and his parents have paid Ms Caddick to invest in shares which have not been returned to them,’ Mr Hayter asked in the letter, which was tendered in court.
Mr Hayter also requested copies of any document Caddick gave her family in relation to the investments, including any ‘purported’ financial statements.
Ms Caddick’s sibling and parents are already in a terrible predicament given she owns the $2million Edgecliff penthouse unit they are living in, raising the spectre that it could be sold from underneath them to pay back investors.
Melissa Caddick’s own brother Adam Grimley (above, left) and parents could be among her victims – with receivers requesting details of shares they paid Caddick for which hadn’t been returned
Caddick’s father, Ted (above), and mother Barbara are close to Mr Koletti – hosting him at their home recently
The court heard on Monday that investors may be disappointed by the returns they get when Caddick’s company, Maliver Pty Ltd, is wound up.
Ms Fendekian told Justice Brigitte Markovic that provisional liquidators and receivers had found a ‘significant’ shortfall between Caddick’s assets and what investors claim to be owed.
The majority of Caddick’s assets were in real estate, shares and luxury goods, which were held in her name, rather than in her company’s, the court heard.
Ms Fendekian told the court both Caddick and her company were likely to have breached both corporate and criminal laws.
Caddick stands accused of using much of her allegedly misappropriated funds to fuel an extravagant lifestyle.
New South Wales’s most wanted woman was said to boast about her 83 carat black sapphire necklace (above) being worth $250,000. Above, the couple on Caddick’s birthday last year
Caddick was a known aficionado of prestige Sydney jeweller Simon Canturi, boasting to friends about her alleged $250,000 83 carot black sapphire necklace.
She owned a $6.2million Dover Heights home, paid more than $2million for an Edgecliff penthouse for her elderly parents to live in and drove around in a $300,000 Audi R8 (as well as a Mercedes). The family holidayed in Aspen, Colorado, each year and had a fit, young personal chef cook them organic meals about four nights a week.
The court’s ruling on Mr Koletti’s living expenses is likely to come as a dire financial blow.
Mr Koletti provided this screenshot to the Federal Court showing his balance as of December 4
The 38-year-old previously told the court had just $1.95 in his bank account in early December, about three weeks after Caddick went missing.
A source close to the investigation confirmed the consequences of the court order, which was quietly handed down last Friday.
‘It is correct that the payments (to Mr Koletti) will end imminently,’ they told Daily Mail Australia.
Caddick’s representatives could still apply to the court to have the funds reinstated with three days’ notice.
As for his R8 – which has a dedicated Instagram account – The Sydney Morning Herald reported on Monday that it is believed to have already been repossessed by authorities.
It was also revealed in court that Mr Koletti and Caddick’s brother Adam Grimley were last week compelled to attend interviews with ASIC investigators.
During the ‘examinations’ last Thursday and Friday, the pair were required to answer questions under oath under Section 19 of the ASIC Act.
Living like royalty: Caddick and Koletti lived in a $6.2million Dover Heights mansion with sweeping views of Sydney Harbour (real estate photo above)
Lavish holidays: Caddick with her brother Adam Grimley and husband Anthony Koletti holidaying in Fiji, above. The Federal Court heard Mr Grimley and Mr Koletti were compelled to appear at an examination with ASIC investigators last week
ASIC has been assisting the NSW Police Force in its investigations. State Crime Command’s Financial Crimes Squad recently opening a probe into Caddick.
Currently, there is no warrant out for the 49-year-old’s arrest and Caddick is simply considered a missing person by police. But that could soon change.
Ms Fendekian reported that ASIC has been working closely with detectives. Significantly, she said receivers and provisional liquidators have found a ‘number of possible contraventions of the Corporations Act and criminal law’ by Caddick and her company.
Ms Caddick has been missing for more than three months, meaning police consider her among the ‘long term’ disappeared – a category that makes up just two per cent of missing Australians.
Melissa’s last sighting: Caddick was last seen in her activewear on November 11 when her home was raided by ASIC and Federal Police investigators. Above, seen in her office
Caddick was last seen at her Dover Heights home on November 11 as ASIC and Federal Police investigators pored through her financial records and closed circuit security camera vision.
She disappeared in the hours that followed with her teenage son reportedly hearing the door ‘click’ about 5.30am the next morning.
However, police are treating her appearance during the raid as her final sighting. Bondi Police investigators aren’t ruling out any possibilities as to what happened to her, but detectives are working on the theory she is alive, and intentionally disappeared as law enforcement closed in and her alleged scam unraveled.
The civil case against Caddick and her business will return to court on April 7. An application is expected to be made to wind her company up.
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