More than 50 investors who lost money through Melissa Caddick's fraudulent scheme have teamed up to fight for their stake in a multimillion-dollar home in Sydney's east.
On Wednesday, a representative investor known only as Investor A was allowed to join a Federal Court lawsuit to provide opposition to Caddick's parents Ted and Barbara Grimley over a property in Edgecliff.
The Grimleys claim they paid their now-deceased daughter almost $1.2 million as partial payment for the apartment's purchase on the condition they would live there rent-free until they died.
