$3m payday for fraudster’s victims

The victims of Sydney conwoman Melissa Caddick, who convinced family and friends to part with up to $30m in a Ponzi scheme, will get a share of the money raised from the sale of her assets. Caddick, 49, went missing in November 2020, and is presumed dead after her decomposed foot washed up on a beach on the NSW Far South Coast. The $3m “initial distribution” payment to be shared between 55 investors was announced last Thursday by accounting firm Jones Partners. More from News.com.au.