Melissa Caddick's clients, who were swindled out of millions by the Sydney fraudster, are inching closer to getting some of their money back.
The 49-year-old disappeared from her eastern suburbs home in November 2020 after posing as a financial adviser and leaving 72 investors more than $23 million out of pocket.
Ms Caddick's decomposed foot was later found on Bournda Beach near Tathra, about 500 kilometres from Sydney, three months after she went missing.
Liquidator Bruce Gleeson from Jones Partners announced two luxury cars owned by Ms Caddick's company Maliver Pty Ltd would go under the hammer later this month.
A 2016 Audi R8 V10 and 2016 Mercedes-Benz CLA45 AMG will be auctioned online at 6pm on February 21.
The original price of the luxury rides when purchased new came with a minimum price tag of $142,000 and $89,000 respectively.
Ms Caddick's five-bedroom family home in Dover Heights, which she bought for $6.2 million in 2014, is also expected to go on the market in the coming months.
Mr Gleeson said the liquidation of Ms Caddick's assets was a critical step towards reimbursing the many victims of her Ponzi scheme.
"This is an important step in commencing the asset realisation process in the Liquidation," he said.
"We are also advancing other efforts, including recovering potential tax refunds as part of the Liquidation."
A court hearing last year heard Ms Caddick misappropriated investors' money over a period of eight years to buy real estate, luxury goods, and holidays.
The fraudster sent her clients fictitious portfolio evaluations through her boutique financial services company Maliver.
Ms Caddick disappeared a day after her Dover Heights home was raided following an investigation by the Australian Securities and Investments Commission (ASIC).
Before her death, she was facing 38 charges, including multiple counts of fraud and falsely claiming she had a financial services licence.
Mr Gleeson said Ms Caddick's harbour-front Dover Heights home along with another property owned by the family in Edgecliff would soon be ready for liquidation.
"We are taking legal steps to expedite the sale of these assets to progress being in a position to return monies to investors," he said.
