The family members of missing Sydney woman Melissa Caddick have been issued notices that liquidators intend to sell all property and assets under her name.
Following a Federal Court ruling, Jones Partners have been appointed the final receivers and court liquidators of Melissa Caddick and her faux financial services company Maliver Pty Ltd.
As part of their duties, Jones Partners is now taking possession and selling Ms Caddick's assets in an attempt to repay tens of millions of dollars to investors who were burnt by her fraudulent business transactions.
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In jeopardy is the $2.5 million Edgecliff apartment Ms Caddick bought for her parents, who gave her $1.2 million from the sale of their home to pay down the mortgage.
"A critical step in the process is for us to give notice to affected parties whereby they have 15 business days to object to us taking possession of or realizing assets of Ms Caddick," Jones Partners said in a statement.
"We can confirm we have given such notice to various family members of Ms Caddick and will be notifying other parties over the coming days."
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Other assets of Ms Caddick's to be sold include shares, motor vehicles and taxable income declared by Maliver to the Australian Tax Office.
Jones Partners said any disputes to the 15-day notices will be adjudicated by a court.
"Once the notice periods expire, we are then required to make an application to the Federal Court for further directions regarding proceeding to realise the assets," the liquidators said.
"As part of such application the Court will consider and deal with any objections that may be raised. We will make such application as a matter of priority."
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Two days ago the Federal Court has found that missing woman Melissa Caddick was engaged in unlicensed conduct prior to her disappearance.
The court found Ms Caddick had been operating without the proper financial licence from October 2012 until November 2020.
Her company Maliver, which dealt with tens of millions of investor's money, had operated without the required licence from June 2013 until November 2020.
Ms Caddick disappeared from her home in Sydney's Dover Heights on November 12 last year, days after raids from the Australian Federal Police following a tip-off that she was faking investments.
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In February, remains of a human foot confirmed to be Ms Caddick's washed up on a South Coast beach more than 250 kilometres away.
A coroner's report into her disappearance and suspected death is yet to be handed down.
Ms Caddick's assets – including her $6 million Dover Heights home – will be sold in an attempt to pay back 72 clients who say they are owed more than $23 million.
A forensic analysis of Ms Caddick's financial affairs showed she had created false documents using a CommSec letterhead with falsified account numbers to show investors what return they had made on her investments.
Some clients received payouts, believed to be with credit injected into Maliver by other investors.
