Article 6WAHQ Melissa Caddick’s duped investors recoup another $3.5m after settlement with auditors

Melissa Caddick’s duped investors recoup another $3.5m after settlement with auditors

by
Australian Associated Press
from World news | The Guardian on (#6WAHQ)

Investors defrauded by 49-year-old before her 2020 disappearance and death to get back portion of their $23m in losses

Investors defrauded by Melissa Caddick before her disappearance and death will recoup a portion of their $23m in losses after settling a class action lawsuit with her auditors.

Victims have already been repaid $7.25m after liquidators of the dead fraudster sold off her assets in 2023 and 2024.

Sign up for the Afternoon Update: Election 2025 email newsletter

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments