Photos of luxury clothes, handbags and shoes belonging to Melissa Caddick have been revealed days before they’re set to be sold at auction.
Among her treasure trove of possessions include Chanel jackets, YSL and Gucci bags, Dior watches, luxury jewellery including sapphires and diamond rings and more.
The dozens of items are set to go under the hammer as a part of an attempt to pay back investors who had their money stolen through a her Ponzi scheme, many of whom included her friends and family members.
The 49-year-old was accused of fleecing $20-30 million from investors, including her own friends and family, in a Ponzi scheme.
The photos of her possessions were taken on the same day her Dover Heights home was raided by Australian Security Investment Commission (ASIC) investigators on November 12, 2020.
Caddick vanished the next day after she left the home on Sydney’s eastern suburbs without her phone or keys.
She was declared dead in February 2021, four months after her disappearance, when a decaying foot was found on a beach 400km south of Sydney.
Auction house Shapiro will auction off some of Caddick’s artwork’s including a work from Archibald Prize winning artist John Olsen which is expected to fetch between $25,000 and $35,000.
Other artworks include a piece titled ‘Study for Up Sh*t Creek’ that could be sold for up to $6,000 and a “totem” worth between $1500 and $2500.
Another auction house will sell off Caddick’s luxury jewellery, with multiple pieces valued at up to $500,000.
Her Dover Heights home was also sold on October 28 for an undisclosed amount by liquidators.
“Following a successful Expressions of Interest campaign, we confirm the Receivers have accepted an offer for the sale of the Dover Heights Property,” principal at Jones Partners liquidators Bruce Gleeson said.
The home sold three days before expressions of interest were due to close for the five-bedroom home in Wallangra Rd.
The price of the Dover Heights property will not be disclosed “until settlement has occurred” according to Mr Gleeson, however, it’s believed the liquidators were hoping to receive $10 million for the home.
“We believe the sale price achieved is a strong result, given the current market conditions and will make a significant contribution towards the pool of funds available for Investors,” he said.