Melissa Caddick estate: Shapiro Auctioneers to sell paintings, jewellery, designer clothes

Inside the luxury estate auction for fraudster Melissa Caddick as her exclusive paintings, jewellery and designer goods go under the hammer

  • Fraudster Melissa Caddick’s set of jewellery, artwork, designer items to be sold
  • Her artwork collection will be up for grabs tonight at 6pm via Shapiro Auctions
  • Caddick’s designer clothing and luxury items are up for auction on Dec 5 and 7
  • All proceeds are expected to go to her victims, including family and friends 

 A John Olsen painting valued up to $35,000 is up for grabs as Sydney fraudster Melissa Caddick’s possessions go under the hammer before Christmas.

Caddick, 49, vanished in November, 2020 on the morning after ASIC raided her luxurious eastern suburbs mansion.

The self-styled financial adviser is believed to be dead after her severed foot washed up on a NSW beach last year.

ASIC had been investigating a Ponzi scheme run by Caddick which had netted her more than $23 million from unsuspecting investors – mostly family and friends.

Melissa Caddick's (pictured with Anthony Koletti) collection of designer clothes, handbags and artworks are going up for sale

Melissa Caddick’s (pictured with Anthony Koletti) collection of designer clothes, handbags and artworks are going up for sale

Jewellery, designer goods, and artwork received from ‘out-of-pocket investors’ will be returned to owners or sold via auction by Smith & Singer and Shapiro Auctioneers.

Four artworks listed by Shapiro Auctioneers are included in their ‘Australian and International Art’ auction to be held on Tuesday at 6pm.

The receivers of her estate, Jones Partners’ principal Bruce Gleeson said Caddick’s designer clothing and luxury goods would be included in Shapiro’s ‘Fine Jewellery, Watches and Luxury Design’ auctions to be held on December 5 and 7.

Caddick's huge range of jewellery will go up for grabs through another auction house Smith & Singer, including custom-made diamond, sapphire and emerald necklaces (pictured, a necklace found by police)

The jaw-dropping necklace worth $250k that Melissa Caddick had custom-made, with an 83-carat black sapphire as its centrepiece

Caddick’s huge range of jewellery will go up for grabs through another auction house Smith & Singer, including custom-made diamond, sapphire and emerald necklaces (pictured left, a necklace found by police, pictured right Caddick’s custom necklace worth $250k)

This painting from Melissa Caddick's art collection from Archibald Prize winner John Olsen could fetch up to $35,000 later in November

This painting from Melissa Caddick’s art collection from Archibald Prize winner John Olsen could fetch up to $35,000 later in November

More than 100 items will be up for auction ranging from hand embroidered Louboutin shoes, a snakeskin Bugatti handbag, to Dolce & Gabbana dresses.

A Canturi 18-carat white gold, diamond and gem jewellery set is valued up to $60,000 for the auction.

In February Caddick’s luxury cars sold at auction for more than $360,000.

Caddick’s Dover Heights mansion was bought in October.

The receivers hoped to fetch at least $10 million however, would not disclose the sale price until its settlement.

Mr Koletti's blue convertible Audi R8 V10 with custom number plate was sold off at auction for $295,000. She bought it for him in 2016

Mr Koletti’s blue convertible Audi R8 V10 with custom number plate was sold off at auction for $295,000. She bought it for him in 2016

Her Dover Heights mansion (pictured) has been sold but the price is yet to be revealed

Caddick had snapped up the home, that comes with a pool and sits on a 390sqm block of land, for $6.2million in April, 2014

Her Dover Heights mansion (pictured) has been sold but the price is yet to be revealed

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