General
Investors handed over $13m to Sydney businesswoman Melissa Caddick before she vanished, court told
Investors handed over more than $13 million to a Sydney businesswoman before she vanished amid an investigation into her financial services company, a court has heard.
Key points:
- Melissa Caddick went missing after leaving her Dover Heights home last month
- The court hears $4 million sits in various bank accounts of Ms Caddick or her company
- An ASIC investigation into Ms Caddick began in September
Melissa Caddick hasn’t been seen for more than a month and is being treated as a missing person by NSW Police.
The Australian Securities and Investments Commission (ASIC) had been investigating her company, Maliver, over allegations it was operating without a licence.
The corporate watchdog has applied for orders in the Federal Court of Australia to…
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