Published 1 year ago

Dior admits to holding $260k of Melissa Caddick’s stolen funds

Summary by Ground News

Melissa Caddick vanished on November 12, 2020, hours after her house was raided by the corporate regulator investigating the $23 million she had stolen from family and friends. Instead, she used the stolen funds to maintain a lavish lifestyle, including spending a fortune at upmarket fashion houses including Dior.

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Sydney Morning Herald

Dior admits to holding $260k of Melissa Caddick’s stolen funds

Luxury fashion house Christian Dior has revealed that it has been holding $263,000 of fraudster Melissa Caddick’s funds since the disappearance of their big-spending client two years ago.

1 year ago·Sydney, Australia

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9News

Fashion house Christian Dior ordered to relinquish $262k of Melissa Caddick's stolen funds

More than $262,000 held by fashion powerhouse Christian Dior will have to be relinquished as investigators recoup what they can in the fallout of Melissa Caddick's fraudulent scheme.Since February 2022, receivers have been hard at work liquidating Caddick's assets after the conwoman pulled off a $23 million Ponzi scheme before mysteriously vanishing.As well as the Christian Dior funds, which were revealed on Friday in a Federal Court affidavit, …

1 year ago·Australia

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