Melissa Caddick: Asic fears ‘significant shortfall’ in assets available for creditors

Melissa Caddick: Asic fears ‘significant shortfall’ in assets available for creditors

The Guardian

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Most of missing financial adviser’s assets held in her name, not her company’s, which could complicate return of money to former clients

The financial services watchdog hopes to claw back as much as possible for people who lost millions of dollars investing with missing Sydney woman Melissa Caddick.

But Asic fears there is a “significant shortfall” between the pool of assets available and the claims of her suspected victims.

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