Melissa Caddick’s victims to share initial $3m payout

Melissa Caddick’s victims will receive their first repayment of funds the fraudster stole as $3 million is distributed among 55 investors.

“We have made a first and interim distribution to investors totaling $3 million,” said Bruce Gleeson, a principal at Jones Partners, the court-appointed receiver of Caddick’s property.

Fraudster Melissa Caddick with some of her jewellery she purchased using stolen funds.Credit: Fairfax Media

The interim distribution has come largely from the sale of…

Read more on smh.com.au

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.

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