Missing conwoman Melissa Caddick’s victims vie with her parents for the money

Investors fleeced of millions by missing fraudster Melissa Caddick fear her parents will get preferential treatment with sale of Edgecliff penthouse imminent.

Her parents, Ted Grimley, 87 and his wife Barbara are still fighting to hold on to their Edgecliff penthouse apartment they thought Caddick had bought for them.

Instead, Caddick funded her lavish lifestyle with the $1.1 million they gave her for the deposit on their penthouse.

The 23 trusting investors who lost $23 million have had their lawyer write to the Federal Court in a letter handed up on Monday to protect their position, but Justice Brigitte Markovic stressed that their letter was not in evidence.

The proceeds from the Spring sales of Dover Heights will go into the trust account of receivers Jones Partners where there are bills to be paid before any arguments can be heard over who will get what from them.

The apartment in this bock at Edgecliff was bought in 2017 for $2.55 million. Melissa Caddick’s parents say they contributed to the sale.

The court has heard both properties are heavily mortgaged, with default interest added to what is owed and the receivers propose to pay off those debts first.

Then there are taxes to be paid which could include capital gains tax, land tax and goods and services tax.

Melissa Caddick and husband Anthony Koletti.

There are also the costs of the sales and marketing campaign.

Justice Markovic said the Dover Heights sale should “proceed post haste”. The Grimleys have asked the judge to send their case to mediation.

An inquest has been set down for the weeks of September 12 and 26 at the NSW Coroner’s Court at Lidcombe where Caddick’s hairdresser husband and DJ Anthony Koletti is expected to give evidence along the Grimleys about her final moments.

There's no suggestion of wrongdoing by Mr Koletti or Mr and Mrs Grimley.

Caddick, 49, was last seen in November 2020 after the Dover Heights mansion was raided by the Australian Federal Police and investigators with the corporate watchdog ASIC.

The only trace of the conwoman has been a foot found in a running shoe, which has been linked through DNA as belonging to her after it was found on isolated Bournda Beach on the NSW south coast, in February last year.