Battle for Caddick’s $12k shoes

Caddick vanished in November 2020, a day after the Australian Securities and Investments Commission raided her Dover Heights over a $23m Ponzi scheme which she used to fund a luxurious lifestyle.

While posing as a financial advisor, she fleeced millions from more than 50 investors, who are seeking to be paid back some of their losses.

A foot which was DNA matched to Caddick was found washed up on the NSW South Coast three months after she went missing.

And a coronial inquest earlier this year found that Caddick was dead but could not determine her manner or cause of death.

Investigators seized Caddick’s designer jewellery, luxury cars and two multimillion dollar properties as they seek to pay back her fleeced investors.

Most have been sold and in June, the Federal Court ordered that Caddick’s parents, Ted and Barbara Grimley, be paid $950,000 to vacate their Edgecliff apartment.

The shared pool of funds from the sale of Caddick’s assets is believed to be worth millions following the sale of her designer jewellery, cars, artworks as well her Dover Heights home for $9.8 million.

The court heard there was now only a limited number of items which Caddick’s husband Anthony Koletti was laying claim to and were still in dispute.

The court previously heard he was staking a claim for a share of the money from their Dover Heights mansion, $2 million worth of jewellery and clothes, $360,000 worth of cars and shares worth $7 million.

Mr Koletti was previously disputing 27 items, however that was now down to four, the Federal Court heard on Wednesday.

These are his wedding ring, a pendant he wears and two watches.

Michael Hayter, the solicitor acting for the receivers, said they were seeking access to Ms Caddick’s sneaker collection, which was being held by her son and Mr Koletti.

“In terms of what is in dispute, and I know this is going to sound petty, one of the matters in dispute is 30 pairs of sneakers which are held by the stepson of Mr Koletti,” Mr Hayter said.

“I should say they’re not the normal type sneakers that I wear.

“One of the pairs, we’ve ascertained that it was purchased by Ms Caddick from Christian Dior. And if in mint condition has a value of approximately $12000. These sneakers may have substantial value.”

Mr Hayter told the court that the collection was removed from Dover Heights home.

Justice Markovic told Mr Hayter that he should to come to an agreement with Mr Koletti’s lawyers to inspect the collection to ascertain their value.

Mr Koletti also took several of Caddick’s dresses when he vacated their Dover Heights marital home and had handed back all but two, the court heard.

And Mr Hayter told Justice Brigitte Markovic the receivers wanted to inspect them and if they were of limited value, they could remain in Mr Koletti’s possession.

Originally published as Fresh battle for fraudster Melissa Caddick’s $12k shoes