In mid-November final 12 months, amid a serious investigation by company watchdog ASIC, unregistered monetary adviser Melissa Caddick vanished and has not been seen or heard from since.
In her wake she left traders, a lot of them household and pals, allegedly defrauded of as a lot as $40 million. It’s believed Caddick acted alone.
Final week associates of Caddick revealed she had gone on a shedding spree, destroying lots of of paperwork across the time investigations started, whereas this week in court docket it was revealed she had lower than $6000 in her financial institution accounts and the residing bills of her son and husband, in addition to the price for her lawyer, who can also be her brother, had been reduce off.
Among the many gadgets repossessed as a part of the investigation had been designer clothes and purses, jewelry and her husband’s $300,000 Audi.