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First look at Underbelly: Vanishing Act as Nine's drama begins filming in Sydney - but glamorous actress playing notorious conwoman Melissa Caddick looks NOTHING like her.
Underbelly: Vanishing Act begins filming in Sydney as Kate Atkinson plays conwoman Melissa Caddick | Daily Mail Online
Melissa Caddick’s parents face uncertainty over Edgecliff home
Max MasonSenior reporter
Nov 24, 2021 – 5.08pm
“There are however issues that arise in relation to some of the receivership property, most notably the Edgecliff property given the claim by Ms Caddick’s parents in relation to it,” she wrote.
MC’s parents are fighting for a property that was purchased and maintained with investor funds....okay the parents state that they contributed but that was after it was purchased....and I reiterate WITH INVESTOR FUNDS!
Whereas many of the investors have lost everything having invested years before the purchase of the apartment...that is why they (the Investors) are also fighting for the apartment to be sold and for them to possibly get something back of their investments!
MC’s parents are fighting for a property that was purchased and maintained with investor funds....okay the parents state that they contributed but that was after it was purchased....and I reiterate WITH INVESTOR FUNDS!
Whereas many of the investors have lost everything having invested years before the purchase of the apartment...that is why they (the Investors) are also fighting for the apartment to be sold and for them to possibly get something back of their investments!
AND.... the family have been living in the properties at NO COST for the last year....where is the fairness in the situation?BBM That is a very important point.
MC had already purchased the apartment BEFORE the parents' house was sold or perhaps even listed for sale. So how could they have contributed?
AND.... the family have been living in the properties at NO COST for the last year....where is the fairness in the situation?
The investors have lost everything whilst the family continue to reap the benefits of MC’s theft of the investors funds...and now the parents are fighting for the apartment because they contributed ...albeit after MC purchased it...the question to be asked is why did the parents give MC the funds after they sold their property...why didn’t they just put it on the mortgage... then they would proof of contribution .... was it done this way so that the parents could get the pension? Just asking the question!
I don’t think I’ve ever seen a pic of first husband.
View attachment 326926
Pictured: Melissa Caddick with her first husband Tony Caddick (pictured right) - they had a child together who was living with Ms Caddick when she disappeared
Underbelly: Vanishing Act begins filming in Sydney as Kate Atkinson plays conwoman Melissa Caddick | Daily Mail Online
the question to be asked is why did the parents give MC the funds after they sold their property...why didn’t they just put it on the mortgage... then they would proof of contribution .... was it done this way so that the parents could get the pension? Just asking the question!
So would I.....his story would be interesting especially to the investors that knew the family!I would like to meet Tony Caddick one day and hear what he has to say about Melissa.
So MC purchased the apartment BEFORE the parents invested any funds...again my question is why didn’t they pay their $1.1million directly onto the mortgage....why was it given to MC and not the bank?Ms Caddicks’ parents had argued that they should be given priority over other investors as they had given their daughter $1.1 million to own a third of an Edgecliff penthouse she bought in 2016. They also produced a written agreement that they could live there rent-free for the rest of their lives.
However, the court-appointed liquidator Bruce Gleeson, from Jones Partners, gave evidence that their money was spent on a diamond ring and living expenses.
In November 2016, Ms Caddick wrote out a cheque to Sotheby’s for $255,000 - being the 10 per cent deposit of the $2.55 million purchase price of the apartment. Mr Gleeson said the money came from funds misappropriated from Ms Caddick’s investors.
Stolen funds were also used for the settlement on the property and for payments on the interest-only loan.
Ms Caddick’s parents gave $1.1 million in proceeds from the sale of their Connells Point home to their daughter in April 2017. “The Edgecliff property was purchased by Ms Caddick before the Connells Point property was sold. Therefore, Ms Caddick’s parents did not contribute to the purchase price for the Edgecliff property,” Mr Gleeson submitted to the court.
The judge said that before the possession and sale of the Edgecliff property occurs, Mr Gleeson has to approach the court for directions.
Melissa Caddick’s family issued notices foreshadowing sale of cars, jewellery and properties
I guess the storyline goes something like, instead of downsizing after the sale and using remainder funds for living expenses of a modest lifestyle, the G's thought MC gave them a much better deal.. Upsizing to a luxury penthouse of "hers", then investing whole of the sale proceeds into "super" - run by MC. So of course the penthouse mortgage was not any of the G's concern.So MC purchased the apartment BEFORE the parents invested any funds...again my question is why didn’t they pay their $1.1million directly onto the mortgage....why was it given to MC and not the bank?
What Mr Gleeson (the liquidator) has identified is that MC paid the deposit and mortgage payments from misappropriated investor funds.....and that months after the purchase of the apartment the funds her parents gave her from the sale of their house she used on jewellery...so any claim the parent have should be worked out like all the other Investors....so the parents should just get into the queue!
Ms Caddicks’ parents had argued that they should be given priority over other investors as they had given their daughter $1.1 million to own a third of an Edgecliff penthouse she bought in 2016. They also produced a written agreement that they could live there rent-free for the rest of their lives.
However, the court-appointed liquidator Bruce Gleeson, from Jones Partners, gave evidence that their money was spent on a diamond ring and living expenses.
In November 2016, Ms Caddick wrote out a cheque to Sotheby’s for $255,000 - being the 10 per cent deposit of the $2.55 million purchase price of the apartment. Mr Gleeson said the money came from funds misappropriated from Ms Caddick’s investors.
Stolen funds were also used for the settlement on the property and for payments on the interest-only loan.
Ms Caddick’s parents gave $1.1 million in proceeds from the sale of their Connells Point home to their daughter in April 2017. “The Edgecliff property was purchased by Ms Caddick before the Connells Point property was sold. Therefore, Ms Caddick’s parents did not contribute to the purchase price for the Edgecliff property,” Mr Gleeson submitted to the court.
The judge said that before the possession and sale of the Edgecliff property occurs, Mr Gleeson has to approach the court for directions.
Melissa Caddick’s family issued notices foreshadowing sale of cars, jewellery and properties
For MC it's the perfect con job.
For the parents their greed was the cause of their misery now.
MOO
I have no doubt that MC was very convincing selling the "get rich" dream to all her victims.Given the utter surprise that everyone has expressed when they discovered that MC was a thief -- that is everyone other than I guess the former boss who sacked her for forging cheques -- I'm willing to allow that her parents were sucked in by her apparent "success" and were talked into handing over their funds to her for "management".
I have no doubt that MC was very convincing selling the "get rich" dream to all her victims.
I wonder if she secretly enjoyed making up those Comsec statements every month?
I'm picturing her sitting at her computer with a glass of expensive wine, laughing all the way through it.