November 19, 2022 — 5.00am
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A whistleblower from Christian Dior has alerted authorities to hundreds of thousands of dollars stolen by missing fraudster Melissa Caddick that have been held for the past two years at the fashion house’s Sydney office.
Caddick, 49, vanished on November 12, 2020, hours after her Dover Heights home was raided by Australian Federal Police officers acting on behalf of the corporate regulator, ASIC. Caddick was being investigated over a $23 million Ponzi scheme she had been running since 2012. Most of her victims were family and friends.
Her partial remains, contained in a running shoe, washed up on a remote south coast beach in February 2021.
Christian Dior’s solicitor Masi Zaki told the Federal Court on Friday he thought “it would be in the interests of the stakeholders for not only the funds we hold but the records we hold, to be shared with the receivers sooner rather than later”.
Since early 2021 Bruce Gleeson, the court-appointed receiver and liquidator of Caddick’s estate, has been trying to identify her assets so they can be recouped and sold on behalf of her victims.
Caddick’s luxurious lifestyle, which was funded solely from money stolen from investors, included extravagant purchases at Dior. Federal Court documents previously revealed Caddick spent $278,507 at Dior between December 2017 and August 14, 2020.
“Ms Caddick frequently made large purchases of products from...
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