In an emotional climax, the season finale of podcast Liar Liar reveals a brazen new scam and the life-long ramifications for victims of the fraudster’s Ponzi scheme.
Missing con artist Melissa Caddick used funds she received from victims of her Ponzi scheme in a brazen attempt to perpetrate another fraud.
“Our home is an income producing asset that we rent out over the lucrative Christmas /New Year and School Holiday periods,” Caddick said in her email. Caddick did receive the equivalent sums in her bank accounts, but they were not for the rental of her Dover Heights home. The deposits were from two of her victims who thought they were investing in shares.
Having received this letter of demand, Wallis had to hire lawyers and an insurance investigator to dispute Caddick’s claims. Wallis later provided a brand-new piece of equipment, at no charge, to replace what Koletti had broken. They didn’t hear from Caddick again but neither did they receive their last payment of $12,000.The final episode of the podcast also reveals the ongoing financial hardship of Caddick’s victims.
When Caddick’s husband Anthony Koletti later showed Channel 7 through his Dover Heights house, they paused at his wife’s empty wardrobe.
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