As Australia’s highest court awaits the coroners report on the now-closed Melissa Caddick case, the ASIC inquiry into the millions of missing investor funds continues. Further investigation into her financial records shows that the swindler had taken out a life insurance policy for herself only months before she went missing. It is still up in the air as to Melissa Caddick’s cause of death and the police have not yet ruled out foul play or suicide.
Further human remains have washed up on another beach about 150km away from where a decomposed foot was found in an Asic’s shoe, matching the description of Ms. Caddick’s. If the life insurance policy is valid her immediate family, including her husband, Mr. Koletti a DJ and hairdresser as well as a 15-year-old son, could be due for a $1 million pay out.