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Mystery after decomposing foot of business woman accused of defrauding client’s of $25M in Australia washes up on beach, three months after she vanished – Cops think Melissa Caddick may have cut off her own foot while fleeing to throw off investigators

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Missing “fraudster” Melissa Caddick may have cut off her own foot to escape police, a top cop has said

Caddick, 49, vanished early on Nov 12 last year from her mansion, a day after police raided her home in the wealthy Sydney suburb of Dover Heights

A report released last week showed the Caddick had likely misused more than $25 million of her investors’ funds, including the money of family and friends

The alleged conwoman vanished from her mansion in Syney’s Dover Herights on Noember 12

Her severed foot, rotten and still clad in a pair of sports footwear was found 250 mies away, onthe remote Bournda Beach, on Feb 21

In the belief that the ‘fugitive conwoman’ may have cut off her own foot to escape justice, policehave announced that they are still investigating her’ mysterious disappearance

Police looking for the alleged conwoman’s remains after her rotting foot was found washed up on a remote beach in Australia

Cynics are left wondering ‘how a body or body parts wash up 400km south of Sydney and in reasonably good condition…

Missing ‘fraudster’ Melissa Caddick may have cut off her own foot to escape police, top cop says. Melissa Caddick vanished from her Sydney home in November

Police in New South Wales, Australia say missing “fraudster” Melissa Caddick may have cut off her own foot to escape police.
49-year-old Caddick’s mysterious disappearance is still being investigated, with police looking for the alleged conwoman’s remains after her rotting foot was found washed up on a remote beach in Austraia.
The partial remains of the business woman who had been accused of stealing millions from her clients was found on Feb 21, three months afer she wa last seen in Nov.12, 2020.
Melissa Caddick’s rotten foot was found washed up hundreds of miles away on Bournda Beach, three months after she disappeared from her mansion in Sydney’s Dover Heights.

A shoe washed up on the New South Wales South Coast containing Caddick’s dismembered foot

New South Wales police commissioner Mick Fuller said he believes the alleged fraudster is dead, but the case is not closed and there is a possibility she cut her own foot to escape police.
He said: “There’s always a chance she cut her foot off and is still alive but that’s pretty fanciful but nevertheless we haven’t closed this case.
“We are still looking for her remains and we’re still looking of where the funds [for defrauded investors] may be.”
Caddick’s Asics brand sneakers containing her decomposed foot washed up on a remote beach on the NSW south coast in February, more than three months after she disappeared. DNA testing matched the foot to Caddick.
The Australian Securities and Investments Commission says stole at least $10.1 million in invested funds from over 60 clients, including family and friends, but the figure has been put as high as $19.4 million.
A report released last week showed the Caddick had likely misused more than $25 million of her investors’ funds, including the money of family and friends.
She vanished early on 12 November last year, a day after police raided her home in the wealthy Sydney suburb of Dover Heights.

This image has an empty alt attribute; its file name is Melissa-Caddick-center-with-her-son-left-and-her-husband-Anthony-Koletti-right-pictured-on-a-family-holiday-1.jpg
Melissa Caddick [center], with her son [left] and her husband, Anthony Koletti, [right] pictured on a family holiday

Caddick had reportedly used the diverted funds on a lavish lifestyle, including taking overseas holidays and buying expensive clothes and jewellery.
The 49-year-old vanished early on November 12 last year from her Sydney mansion, a day after cops raided her home in the wealthy suburb of Dover Heights.
On February 21, DNA testing matched the foot found at Bournda beach, 250 miles away, to Caddick. Other bones and remains found on surrounding beaches did not belong to Caddick, police said.
In the course of the investigation, police so far, have identified 68 possible fraud victims.

She allegedly stole millions to fund a lavish lifestyle

Commissioner Fuller said: “We feel sorry for them but we are still looking at trying to recover funds and that investigation continues.”
It comes as a criminal expert claimed the “conwoman” may have been murdered elsewhere and her body parts dumped at sea.
NSW Police Assistant Commissioner Mick Willing previously told reporters foul play against Caddick was possible, but suicide was more likely.
He said that the limited decomposition of the shoe would mean it had not been in the water for the entire three-month period since she went missing.
“The decomposition of the shoe would suggest it hasn’t been in the water for three months,” he said.
“While it’s not my area of expertise, if that’s the case a possible scenario is that she has been murdered recently or murdered and kept on ice for a while,” Willing said.

Investigators say the lst of victims Malissa Caddick [photo], defrauded clients of $25M, including money from friends and members of her own family
Caddick disappeared from her mansion in Sydney, Australia on Nov. 12 2020. Her partial remains was found on a remote beach months later

Another theory to explain Caddick’s disappearance has been that she jumped from the Dover Heights clifftops after walking from her home.
Commissioner Fuller however, said: “I’ve never seen someone’s body or body parts wash up 400km south of Sydney and in reasonably good condition… but that’s not to say it can’t happen.”

She went missing in the suburb of Dover Heights
Her partial remains was found on Feb 21 at Bournda Beach. Three months after she vanished in the wake of a mega-fraud scandal
One family member who fell victim to Caddick is her father-in-law, Rodo Koletti. Koletti’s husband beliesves his son Anthony Koletti, 41, is in “delusion and denial” over claims that his wife misused the funds.

Caddick’s husband Anthony Koletti, 41, is in “delusion and denial” over claims that she misused the funds, his father Rodo Koletti said.
He said: “He doesn’t want to believe that the woman he loves and married is capable of it, but unfortunately the proof’s stacking up so much against her.
“He believes she was set up and he was going to look at suing ASIC and everybody else for raiding their house.”
Koletti was also caught in the scam as Caddick allegedly forged his signature to verify her fraudulent documents, 9Now reports.
However, he believes his son was not aware of the fraud and was not involved in it.
According to a report by 60 Minutes, Caddickalso took more than a million from her parents, who are aged in their 80s.

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