Found Deceased Australia - Melissa Caddick, 49, Sydney, NSW, 12 Nov 2020 #6

[Trooper]

 

[OwlHeart]

If they had a strong claim to the Edgecliff apartment, it would not be in the hands of the Receiver in the first place.. It is in those sticky, invasive, beady eyed hands precisely because they have no claim to ownership. They do , though, currently, hold possession. But this is only a matter of time . No one wants to see the Sherriff back up with a big truck and haul them away, crying and screaming.. for all it's wild ways, there is a certain politesse in Sydney, every now and then. Not all the time, though.

That will happen , eventually, if things don't go the way the Receiver says.. It is not a happy ending , on top of their very real and substantial grief, but it is what it is. . The deciding equity is not in their favour. .

If they had tried negotiation with the Receiver, they may have got an extension to find a place that suits them. But these caveat thingy's tell me that have not gone down that road, they have chosen to be argumentative about this whole shindig, and this will be very costly. It is a huge gamble, and it kind of makes me wonder, how much of that gambling gene was inherited, not acquired.

Lol

 

[JLZ]

If they had a strong claim to the Edgecliff apartment, it would not be in the hands of the Receiver in the first place.. It is in those sticky, invasive, beady eyed hands precisely because they have no claim to ownership. They do , though, currently, hold possession. But this is only a matter of time . No one wants to see the Sherriff back up with a big truck and haul them away, crying and screaming.. for all it's wild ways, there is a certain politesse in Sydney, every now and then. Not all the time, though.

That will happen , eventually, if things don't go the way the Receiver says.. It is not a happy ending , on top of their very real and substantial grief, but it is what it is. . The deciding equity is not in their favour. .

If they had tried negotiation with the Receiver, they may have got an extension to find a place that suits them. But these caveat thingy's tell me that have not gone down that road, they have chosen to be argumentative about this whole shindig, and this will be very costly. It is a huge gamble, and it kind of makes me wonder, how much of that gambling gene was inherited, not acquired.

The word receiver was used in MSM and I don't know whether a distinction is intended between receiver and liquidator. It's possible that there is a receiver acting for a bank separate from the ASIC-appointed liquidator.

 

[Trooper]

The word receiver was used in MSM and I don't know whether a distinction is intended between receiver and liquidator. It's possible that there is a receiver acting for a bank separate from the ASIC-appointed liquidator.

Bruce Geeson was appointed by the court as the Receiver for Melissa Caddick estate, provisionally, ( this comes up for adjudication again since the bones in the shoe etc ) AND he is also the liquidator for Maliver...

To expand. One job is for a personal estate, houses, child school fees, personal debt , husband, parents, things owned personally, by Melissa Caddick.

The other job, liquidator , is to dissolve all business projects, associations, accounts, debts, pending purchases, partners, etc..

(edit),, the court case for appointing a permanent liquidator and receiver comes up on April 7th , .. it would be a radical move if Jones Partners didn't do it, except if they themselves choose not to, due to unknown circumstances. )

 

[Trooper]

The word receiver was used in MSM and I don't know whether a distinction is intended between receiver and liquidator. It's possible that there is a receiver acting for a bank separate from the ASIC-appointed liquidator.

20-330MR Court appoints receivers to the property of Melissa Caddick and provisional liquidators to Maliver Pty Ltd | ASIC - Australian Securities and Investments Commission

You'll find a lot of embroidery on this website, applicable to the matter under discussion.

 

[BlueViolet]

There is a blog by Bruce Gleeson ...

In Search of Melissa Caddick and the Missing Money - Jones Partners

 

[JLZ]

20-330MR Court appoints receivers to the property of Melissa Caddick and provisional liquidators to Maliver Pty Ltd | ASIC - Australian Securities and Investments Commission

You'll find a lot of embroidery on this website, applicable to the matter under discussion.

Embroidery? OK. O/T: So long as I'm not mentioned in your knitting.

 

[minime9]

IMO - Think there's a very strong horseracing or horseracing syndicate/gambling link. Although not 100% confirmed as MC, this February 2018 photograph looks a lot like MC at the super luxurious Inglis Warwick Farm Racecourse Hotel in Western Sydney. The same month and year as the grand opening of the new hotel occurred and the onsite Classic Yearling Sale. MC & AK also 100% confirmed as guests at this hotel after attending horse-related Wagering event. Repost.

Observe right foot tucked under left knee.

https://edge.alluremedia.com.au/uploads/businessinsider/2018/02/pool-bar.jpg

All publicly available information & photographs.

I saw that previously, but attending horse racing carnivals doesn’t correlate with gambling. In Melbourne it’s more about dressing up and networking.

 

[minime9]

Estelle... let’s not forget how much people want answers... the first one to sit down and sell the story will be able to make some money. Who will it be????

I’ll answer that when MC is found & cause of death can be determined.

 

[minime9]

And that would be like being evicted from Paradise, but... the trainer lady had to do exactly that once she discovered everything she ever worked for had gone on Melissa's silk underwear and sapphire necklaces.. Her and her husband had to start off again up in Taree, at over 50 , (they could no longer buy back into Sydney, ) both of them, and I thought of her when I saw that house floating down the Manning River in the floods yesterday.. .. please.. don't let that be her new home after all that ghastliness...

Yeah I’m not sad about her not being able to live where she is, but it’s also a hell of a lot tougher to do it in your 80s

 

[HelloJohnny]

'if it can be proven that either at the time of purchase or at some later point in the party’s relationship, there existed a common intention between the parties that said parties would acquire an interest in the property.'


That will be difficult. The general tone of Melissa's actions indicate that she intended to scam her own parents, right up until the foreseeable end to the scam. There is no indication that she underwent any kind of reformative action to guarantee the ownership of the place in the hands of her parents, or brother. On the contrary, she actually created a will that left a property she never owned, and only rented as part of her registered Real Estate as an 'inheritance' for her brother. .

The parents may have been under the impression that all was tickety boo, but Melissa's actions indicate the exact opposite. This is where their claim comes undone, basically. They have to prove the claim that Melissa's intention as well as their own was genuine and legally correct.

I think you’re spot on

 

[Trooper]

Yeah I’m not sad about her not being able to live where she is, but it’s also a hell of a lot tougher to do it in your 80s

It certainly is. Why Melissa didn't buy her parents apartment outright, and give them the title, since she herself was the only one who knew what was going on , and, she would be the only one who knew how it would end up, and she had the time and resources (eg. new investors , handing over millions ) to settle that up for her oldies, is something only she could explain.

From where I stand, I see colossal malice in that whole deal. The taking of the money realised on the family home, the pretence of 'giving ' them a new place, the very strange part of this whole thing where 3 months before she disappears, she pays the mortgages 3 months in advance, . leaving the old folks, the brother, not a young man , in this invidious position.

But that does not mean that the investors should bankroll not only Melissa, but her parents, her brother, and her son , who became accustomed to a certain style of living that was based on fiction and deception. It is sad that that kind of life has ended for them. , but life goes on.. They could find a very welcoming community that accepts them, and the son could get a far better education at a State run school, if he has the grit to take it on. It isn't lethal for them. It's merely inconvenient.

 

[HelloJohnny]

A

The word receiver was used in MSM and I don't know whether a distinction is intended between receiver and liquidator. It's possible that there is a receiver acting for a bank separate from the ASIC-appointed liquidator.

Agree, I think think the bank/s will be mitigating their risk.

It is highly likely that MC borrowed against the equity in either or both properties.

Hypothetically, If that’s the case and her liabilities out weigh the equity, her financial position may be actually considerably worse off than any of us think.

(Basically the equity is the owned portion or any increase in value to the property)

 

[minime9]

It certainly is. Why Melissa didn't buy her parents apartment outright, and give them the title, since she herself was the only one who knew what was going on , and, she would be the only one who knew how it would end up, and she had the time and resources (eg. new investors , handing over millions ) to settle that up for her oldies, is something only she could explain.

From where I stand, I see colossal malice in that whole deal. The taking of the money realised on the family home, the pretence of 'giving ' them a new place, the very strange part of this whole thing where 3 months before she disappears, she pays the mortgages 3 months in advance, . leaving the old folks, the brother, not a young man , in this invidious position.

But that does not mean that the investors should bankroll not only Melissa, but her parents, her brother, and her son , who became accustomed to a certain style of living that was based on fiction and deception. It is sad that that kind of life has ended for them. , but life goes on.. They could find a very welcoming community that accepts them, and the son could get a far better education at a State run school, if he has the grit to take it on. It isn't lethal for them. It's merely inconvenient.

The son will be fine. His father is a corporate lawyer & will probably be able to keep attending the school he’s at.

Even AG will probably be ok, but he’ll have to lower his expectations a lot.

Im specifically referring to the parents who are in their 80s. They are about to lose their house and everything. Their super has probably gone too & they’ll be trying to rent a place and having to relocate somewhere else with no money and between them only $718 a week for rent, food, bills & relocation costs. They can’t exactly go and side hustle

*Edited for current rate.

 

[SouthAussie]

The son will be fine. His father is a corporate lawyer & will probably be able to keep attending the school he’s at.

Even AG will probably be ok, but he’ll have to lower his expectations a lot.

Im specifically referring to the parents who are in their 80s. They are about to lose their house and everything. Their super has probably gone too & they’ll be trying to rent a place and having to relocate somewhere else with no money and between them only $718 a week for rent, food, bills & relocation costs. They can’t exactly go and side hustle

*Edited for current rate.

The parents have my empathy also.

I was heartened to see that they sold their previous home for $1.55 million (in 2017), and we know they are claiming to have contributed $1 million toward the apartment. Hopefully that means that they have over $½ million cushion sitting in an account somewhere. The interest on over $550,000 (give or take) will be helpful for living expenses, even if they leave the bulk of it sitting in a savings account, for security.

There are also plenty of homes to be bought for under $550,000. They will just have to move their geographical location.

 

[minime9]

The parents have my empathy also.

I was heartened to see that they sold their previous home for $1.55 million, and we know they are claiming to have contributed $1 million toward the apartment. Hopefully that means that they have over $½ million cushion sitting in an account somewhere. The interest on over $550,000 (give or take) will be helpful for living expenses, even if they leave the bulk of it sitting in a savings account, for security.

I really hope so too & if they do then their outlook will be slightly better. I’m just quite concerned that MC has manipulated them into giving her all of their super & savings as well to “invest”into thin air.

 

[srper2]

The son will be fine. His father is a corporate lawyer & will probably be able to keep attending the school he’s at.

Even AG will probably be ok, but he’ll have to lower his expectations a lot.

Im specifically referring to the parents who are in their 80s. They are about to lose their house and everything. Their super has probably gone too & they’ll be trying to rent a place and having to relocate somewhere else with no money and between them only $718 a week for rent, food, bills & relocation costs. They can’t exactly go and side hustle

*Edited for current rate.

Hopefully no family members find themselves unwittingly caught up in any part of the orchestration of the fraud, as we know MC was adept at fraudulent documents and signatures. They can always pool funds with AK and AG and rent a place together!

 

[minime9]

They could pool funds with AK and AG and rent a one bedroom flat in Taree - only a few hours drive from Sydney (near the other ripped off investor). Living the life MC actually set up for them....

AK will be fine too. He can still work!

 

[bearbear]

there are lots of lovely $500,000 and under waterfront/view houses and apartments up the central coast, wyong area, with good infrastructure and only an hour from sydney city, so they neednt be homeless or struggling in a studio flat,
obviously not prestigious eastern suburbs but still a home of their own and away from the gossip and sadness

 

[OwlHeart]

AK will be fine too. He can still work!

Maybe AK is fine, already.