The search for missing Sydney conwoman Melissa Caddick's remains has been suspended as the extent of her fraud reportedly cost victims about $25 million.
Police divers have again been forced to postpone the search in waters off Dover Heights, a few hundred from the millionaire's Sydney home, due to rough seas after hazardous conditions curtailed their efforts on Wednesday.
Meanwhile, a report into the 49-year-old's financial affairs revealed she misappropriated about $25 million of investors' funds, the Sydney Morning Herald reported on Thursday.
The report was provided to investors by Bruce Gleeson and Daniel Soire, the partners of insolvency firm Jones Partners, the court-appointed provisional liquidators.
It found Ms Caddick used her company Maliver to launder investors' money.
The financier disappeared from her multi-million dollar home in Sydney's eastern suburbs last November, hours after corporate watchdog ASIC executed a search warrant at the house.
Liquidators say she "meticulously and systematically" deceived those who entrusted millions of investment dollars to her over seven years and used the money to fund her lavish lifestyle.
Investors say they are disappointed because they still have no idea where their funds went.
Police this week confirmed several sets of remains found at a number of south coast beaches do not belong to Ms Caddick.
So far police have only found Ms Caddick's badly decomposed foot, which washed up in a sneaker south of Tathra on February 21.
The results of DNA analysis of other remains discovered is pending.
