Missing conwoman Melissa Caddick’s designer jewellery, clothes, and accessories to be auctioned off

Liquidators are now focusing on auctioning off the missing conwoman’s clothes and jewellery just days after her house was sold.

More of missing conwoman Melissa Caddick’s personal items are set to be sold as receivers in charge of liquidating her assets continue to recover funds she took from victims of her Ponzi scheme.

The 49-year-old has not been seen since she left her $15m Dover Heights mansion without her phone, wallet or keys on November 12, 2020.

Her disappearance was just hours after the Australian Federal Police and Australian Securities and Investments Commission raided the home.

The corporate watchdog says Ms Caddick misappropriated investor money to fund her lavish lifestyle, with investigators seizing luxury items including jewellery, watches, designer clothing and shoes.

She was declared dead four months after her disappearance in February 2021 when a decaying foot was found on a beach 400km south of Sydney.

Missing conwoman Melissa Caddick’s jewellery and designer goods are set to be auctioned off. Picture: Andy Baker.

Since her disappearance, court-appointed receivers Jones Partners have unravelled the conwoman’s scam.

Lawyers representing the receivers, Ms Caddick’s husband Anthony Koletti and her parents appeared in the Federal Court on Monday, just days after it was revealed her Dover Heights home was sold for an undisclosed amount.

Mr Koletti was dialled into the hearing via AVL.

The court was told liquidators were looking at selling some of Ms Caddick’s personal items, including jewellery and “designer goods”.

The court approved the sale of the items, meaning they will go to auction in a bid to pay Ms Caddick’s victims.

Court documents reveal the items to be sold include a Dior stainless steel bracelet watch, “round brilliant diamond cluster ring”, a Cartier Panther bracelet watch, Canturi diamond star studded earrings, Canturi cubist diamond bracelet, Tag Heuer steel and black ceramic bracelet watch and a Louis Vuitton wristwatch.

There are also diamond rings, sapphire and diamond necklaces, a diamond ice bracelet, designer gentlemen’s watches, Gucci silver heart earrings and a Louis Vuitton ring.

Ms Caddick’s husband dialled into the Federal Court hearing on Monday, days after her Dover Heights mansion was sold.

The clothes to be auctioned off include a Balmain dress, Saint Laurent sandals, Louis Vuitton and Chanel tops and multiple Christian Dior items.

The court was told commercial household items taken from the Dover Heights property were going to be “disposed of” and donated to charity.

Further items were to be returned to their rightful owners, including Ms Caddick’s parents.

It comes days after principal at Jones Partners liquidators Bruce Gleeson announced the sale of Ms Caddick’s home.

“Following a successful expressions of interest campaign, we confirm the receivers have accepted an offer for the sale of the Dover Heights property,” he said in a statement on Friday.

The home sold three days before expressions of interest were due to close for the five-bedroom home in Wallangra Rd.

Principal at Jones Partners liquidators Bruce Gleeson on Friday announced the sale of Ms Caddick’s home. Picture: Damian Shaw

“Contracts were exchanged this afternoon, with a settlement period of 12 weeks,” Mr Gleeson said.

The price of the Dover Heights property will not be disclosed “until settlement has occurred”, according to Mr Gleeson; however, it’s believed the liquidators were hoping to receive $10m for the home.

“We believe the sale price achieved is a strong result, given the current market conditions and will make a significant contribution towards the pool of funds available for investors,” he said.

“We are very pleased with the outcome of the sales campaign and the interest received from prospective purchasers.

“We are also continuing our efforts to progress realisation of other receivership property such as the jewellery and designer goods and will provide a further update on such aspects very soon.”

Liquidators are attempting to recover more than $23m that Caddick misappropriated from clients, who included family and friends, between 2012-19.

Since their lengthy battle in the Federal Court to recover the money, receivers have asked Justice Brigitte Markovic to approve payments to them of $393,648.31 and $95,676.46.

“The remuneration and the costs and expenses be paid from the receivership property, including from the receivers’ trust account,” court documents stated.

If approved, the money is expected to come out of the proceeds from Ms Caddick’s extensive assets, including the home, designer clothes, lavish jewellery and artwork.

The money will go to the receivers before her 74 victims are paid the $23.5m that is owed to them and then to her mortgage.

Originally published as Missing conwoman Melissa Caddick’s designer jewellery, clothes, and accessories to be auctioned off