Victims of fraudster Caddick to get biggest payout yet

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Victims of fraudster Caddick to get biggest payout yet
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Melissa Caddick's victims are set for more compensation after a court approved the biggest distribution of the fraudster's assets to date.

Melissa Caddick's victims are set for more compensation after a court approved the biggest distribution of the fraudster's assets to date.

It is the second court-enforced distribution of Caddick's assets after liquidators recouped $3 million of the dead fraudster's money for a payment made in 2023.Melissa Caddick's victims are set for more compensation after a court approved the biggest distribution of the fraudster's assets to date. But the combined $7.25 million paid to victims still only represents a fraction of the money she swindled.

The 49-year-old disappeared in November 2020, days after her luxury home was raided by ASIC agents investigating reports of her Ponzi scheme. The fraudster's badly decomposed right foot, which was still attached to a running shoe, washed up on a beach on the south coast of

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