Police search for Caddick clues in Sydney waters

Authorities have conducted further searches to determine the chain of events around the Sydney businesswoman’s apparent death, after further remains found on the NSW south coast were determined not to belong to Melissa Caddick.

On Wednesday, NSW Police divers conducted searches off the coast of Dover Heights in Sydney’s eastern suburbs, where Ms Caddick was last seen in November 2020.

The search follows the news that a second set of human remains found on Mollymook Beach in the NSW south coast last Friday night did not belong to the Sydney businesswoman, who is presumed deceased.

Police said on Tuesday that following the results of DNA testing, the remains “have been determined to be human, as belonging to a man”.


Ms Caddick is the subject of an ongoing Federal Court case, after an ASIC investigation found she had allegedly defrauded more than 40 investors over an 18-month period in a scam believed to be worth at least $20 million, involving unlicensed advice through her company Maliver.

The corporate regulator has vowed it will continue its investigations into Ms Caddick, with the next hearing in the case scheduled for 7 April.

“Following the announcement by the NSW Police that the remains of Ms Caddick have been identified, ASIC notes that its investigation into Ms Caddick and her company, Maliver Pty Ltd, is continuing,” a spokesperson for the regulator said on Monday.

“ASIC’s priority is to seek the return of funds to investors in the most efficient way possible.”

Police had found remains belonging to Ms Caddick on Friday at Bournda Beach in the NSW far south coast, and said how the remains came to be discovered at such a remote location was “still a mystery”.

Police search for Caddick clues in Sydney waters
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