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Melissa Caddick’s parents fight to keep their home from being sold by liquidators: penthouse

Melissa Caddick’s homes on the market as her parents fight to prevent being thrown out of the apartment she gave them – and even her jewels and luxury dresses will soon be available to the highest bidder

  • Melissa Caddick’s parents are fighting to stop the repossession of their home
  • Liquidators are seeking to sell the Sydney property to recover victims’ funds 
  • Negotiations continue but may be taken to the Federal Court to be resolved 

The parents of fraudster Melissa Caddick have vowed to fight attempts to throw them out of the luxury apartment they say their daughter gave to them, after liquidators were granted permission to sell off more of the conwoman’s assets.

The Federal Court ruled on Monday that liquidators can offload the Dover Heights mansion that Caddick had shared with her partner Anthony Koletti, which is expected to fetch over $10million.

The liquidators said they would also pursue a sale of an apartment in Edgecliff in eastern Sydney where her elderly parents Ted and Barbara Grimley live, having been told by Caddick that they could live their rent free.

The Federal Court ruled on Monday that liquidators can sell the Dover Heights home that Caddick had shared with her partner Anthony Koletti (pictured together) which is expected to fetch over $10million

The liquidators said they would also pursue a sale of an apartment in Edgecliff in eastern Sydney (pictured) where her elderly parents Ted and Barbara Grimley live, having been told by Caddick that they could live their rent free

The liquidators said they would also pursue a sale of an apartment in Edgecliff in eastern Sydney (pictured) where her elderly parents Ted and Barbara Grimley live, having been told by Caddick that they could live their rent free

But the wrangle over the apartment may have to be resolved in court, as Caddick’s creditors want as much money as possible raised to pay off her debts and believe they, and not her parents, should have first dibs on the apartment.

‘The parents had asserted an interest in the Edgecliff property,’ Jones Partners principal Bruce Gleeson overseeing the sale of her assets said in a statement.

‘We are continuing negotiations with the parents via their solicitors regarding resolution of such interest.

‘Ultimately if such negotiations cannot be resolved, then an application will be required for the Federal Court to determine the parents’ interest.’ 

Caddick is pictured as ASIC raid her Sydney home one day before she disappeared

Caddick is pictured as ASIC raid her Sydney home one day before she disappeared 

Caddick's decomposed foot washed up on a beach 450km away from her home three months after her disappearance

Caddick’s decomposed foot washed up on a beach 450km away from her home three months after her disappearance 

Jones Partners said the sell-off will not end there, and would lodge an application with the court pursuing an order for the sale of Caddick’s ‘jewellery, clothing and other remaining items’.

The unlicensed investment broker disappeared in November 2020, hours after the Australian Federal Police and Australian Securities and Investments Commission raided her Dover Heights home.

Three months later the 49-year-old’s decomposing foot, encased in a running shoe, washed up on a NSW south coast beach.

She is believed to have used her company to conduct a Ponzi scheme and was facing a string of charges after using investors money to fund her luxury lifestyle.

Caddick helped her parents Ted and Barbara Grimley (pictured) secure a penthouse apartment in Sydney's Edgecliff, but she used part of their money to fund her own lavish lifestyle

Caddick helped her parents Ted and Barbara Grimley (pictured) secure a penthouse apartment in Sydney’s Edgecliff, but she used part of their money to fund her own lavish lifestyle

The Dover Heights home (pictured) is worth more than $10million, and was raided by Federal Police in November last year

The Dover Heights home (pictured) is worth more than $10million, and was raided by Federal Police in November last year

The conwoman’s husband Anthony Koletti has vacated the multi-million dollar Dover Heights property.

Mr Gleeson said he would file a separate application with the Federal Court in coming weeks to obtain orders enabling Jones Partners to sell jewellery, clothing and other items belonging to Ms Caddick.

NSW Police have stated they believe Ms Caddick is dead after her foot was found on Bournda Beach.

An inquest, which is set to probe the mysterious disappearance of Ms Caddick, is scheduled for September.

The Grimleys gave their daughter more than $1million from the sale of their south Sydney home to help pay off the mortgage for the Edgecliff apartment (pictured is the view from the home)

The Grimleys gave their daughter more than $1million from the sale of their south Sydney home to help pay off the mortgage for the Edgecliff apartment (pictured is the view from the home) 

Missing conwoman Melissa Caddick fleeced her own parents after encouraging them to move closer to her and her family (pictured is Caddick with husband Anthony Koletti)

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Read more at DailyMail.co.uk