A number of the fraudster’s victims have launched a class action against the auditors she engaged to audit her clients’ self-managed superannuation funds.
A number of victims of fraudster Melissa Caddick have launched a class action against the auditors she engaged to audit their self-managed superannuation funds.
Caddick, 49, disappeared in November 2020. Hours before her disappearance, her Dover Heights home was raided by the Federal Police acting on behalf of the corporate regulator, ASIC, relating to a $23 million Ponzi scheme running since 2012. An arrest warrant was issued for the con woman on February 22, 2021. She was facing 38 criminal charges including falsely claiming she had a financial services licence as well as a number of fraud-related offences. However, the charges were dropped when DNA tests revealed that a running shoe with human remains found on a remote South Coast beach the previous day belonged to Caddick.
Huyhn, an accountant with Campbelltown firm Bladen King, is one of those named in the class action. Last year he was permanently banned by ASIC from being an SMFS auditor. Among the reasons listed for his disqualification was his “close relationship” with a person who was sourcing many of his SMSF clients.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Telling ‘feud’ detail in MasterChef postJock Zonfrillo’s widow has further fuelled rumours of a feud between the MasterChef judges after failing to mention Melissa Leong in a tribute post to the show.
Read more »
PwC tax leaks scandal: big four firm will give up $10 million in annual fees by axing some audit work as it aims for ethical high groundPwC Australia will give up a large chunk of its annual fees by cutting the types of consulting services it provides audit clients, a move aimed at reducing the risk of conflict and winning back public trust.
Read more »
Brisbane hailed a ‘dazzling’ destination for 2024Top travel guide Frommer’s says the transformation of the Brisbane River into a “world-class asset” has made the city a must-see destination.
Read more »
Some call us ungrateful middle-class feminists – but this is why women went on strike in IcelandI felt a deep need to join this unbelievable meeting of women and non-binary people. I am worried, I am tired and I am angry, writes activist María Hjálmtýsdóttir
Read more »
Melissa Caddick’s victims launch class action against super fund auditorsA number of the fraudster’s victims have launched a class action against the auditors she engaged to audit her clients’ self-managed superannuation funds.
Read more »