Designer clothing, art, luxury goods and jewellery belonging to alleged fraudster Melissa Caddick have been sold for $860,000 at auctions in Sydney.
Goods including a Canturi jewellery collection were sold at separate auctions by receivers Jones Partners between November 22 and December 7, in an attempt to recoup cash for investors.
The proceeds are only a fraction of the $23 million Ms Caddick allegedly stole from investors through her Ponzi scheme.
The 49-year-old vanished in November 2020, hours after her Dover Heights home was raided by the Australian Securities and Investments Commission (ASIC).
Principal at Jones Partners, Bruce Gleeson said the result of a two-hour auction last night showed the significant level of interest in Ms Caddick's personal assets.
"In particular, the overall prices achieved for the designer clothing and luxury goods and jewellery reflect the strong interest in the various items, specifically the Canturi jewellery collection," he said.
Photos of Ms Caddick show her wearing necklaces encrusted with oversized gems, worth hundreds of thousands of dollars.
Ms Caddick's art pieces included a painting from Australian artist John Olsen worth about $30,000.
"The sale of these items represents completion of significant personal assets of the receivership and our aim was to get this completed before the end of 2022," Mr Gleeson said.
Since February, receivers have sold cars, share portfolios and Ms Caddick's five-bedroom home in Sydney's east, said to have been valued at between $15 million and $17 million.
Ms Caddick's husband Anthony Koletti claimed he was entitled to some of the jewellery owned by the couple.
Mr Koletti told the Federal Court he should be allowed to keep his wedding band — an 18-carat white gold cubism ring encrusted with black sapphires.
But a ring matching that description was included in the auction lot, valued at up to $5,000.
Receivers are hoping to set a time frame next year to finalise liquidation and resolve tax refunds for Ms Caddick's company Maliver.
"We are focused on dealing with the Edgecliff property which forms part of the receivership property, as well as finalising our position regarding Maliver's tax refunds in 2023," Mr Gleeson said.
An inquest into Ms Caddick's death ran for two weeks in September, but hearings went over time and a date has been set in February with written submissions to be finalised that month.
