Get all your news in one place.
100’s of premium titles.
One app.
Start reading
ABC News
ABC News
National
Tony Ibrahim

Melissa Caddick's husband claims ownership of luxury items ahead of auction to pay debts

An opulent wedding ring is among the designer jewellery and artworks the husband of alleged fraudster Melissa Caddick claims are his ahead of an auction to cover her debts.

Ms Caddick disappeared from her home in Sydney's eastern suburbs the day after a November 2020 raid by the corporate watchdog and Australian Federal Police.

The Australian Securities and Investments Commission was investigating the 49-year-old's alleged Ponzi scheme that cost her clients more than $23 million.

But before court appointed receivers auction off jewellery, designer goods and artworks in the coming weeks, in documents filed to the Federal Court Ms Caddick's husband, Anthony Koletti, states that several of the items belong to him.

Mr Koletti wants his wedding ring, an 18-carat white gold Cubism ring with 4.26 carat black sapphires, given to him at a ceremony in Rose Bay on December 31, 2013.

His court filing also states that Ms Caddick gave him jewellery for his birthday in 2016, including a Canturi 18-carat white gold ring and a Carre diamond cross pendant.

Mr Koletti claims he bought some of the items that were seized, including a $US4,000 ($5,900) Louis Vuitton watch on a New York trip in 2017 — and that he wants the proceeds from his Breitling chronograph Navitimer watch once it's sold by receivers.

He also claims two artworks by Tasmanian artist Adrian Lockhart belong to him.

Some of Ms Caddick's belongings have already been liquidated by receivership firm Jones Partners.

Her Dover Heights home sold three weeks ago for an undisclosed sum, after it was purchased for $6.2 million in 2014, according to Domain data.

The receivership firm also sold two cars, an Audi R8 for $295,000 and a Mercedes CLA45 for $66,000.

The court filing also includes amendments allocating $1 million from Ms Caddick's superannuation fund to her brother, Adam Grimley, with the remaining money going to Mr Koletti.

Another set of paperwork was filed in the Federal Court by Christian Dior Australia, stating that Ms Caddick's remaining balance — she held an account with the company — would be refunded into the bank account of receivers.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.