JBowie
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(Paraphrased)
Koletti abandons claim to Caddick millions, faces substantial legal costs
Receivers will seek a costs order against Koletti now that he has fully backed down on his claims for various high valued items totaling nearly $10 million, plus two properties he said were worth $20 million.
On Monday, the court heard Koletti will keep his wedding ring, a watch and two of his wife’s dresses, but not the Gucci wedding dress. The total value is around $20,000.
Caddick's son will relinquish to the receivers items from his $20,000 collection of designer sports shoes.
Caddick’s first husband and her brother have confirmed that around $60,000 in accounts fraudulently created in their names should be turned over to the receivers.
The matter will return to court on December 4.
www.smh.com.au
Koletti abandons claim to Caddick millions, faces substantial legal costs
Receivers will seek a costs order against Koletti now that he has fully backed down on his claims for various high valued items totaling nearly $10 million, plus two properties he said were worth $20 million.
On Monday, the court heard Koletti will keep his wedding ring, a watch and two of his wife’s dresses, but not the Gucci wedding dress. The total value is around $20,000.
Caddick's son will relinquish to the receivers items from his $20,000 collection of designer sports shoes.
Caddick’s first husband and her brother have confirmed that around $60,000 in accounts fraudulently created in their names should be turned over to the receivers.
The matter will return to court on December 4.
Koletti abandons claim to Caddick millions, faces substantial legal costs
The husband of the late fraudster had sought millions of dollars’ worth of shares, jewellery and property, as well as a Gucci wedding dress.