More than $262,000 held by fashion powerhouse Christian Dior will have to be relinquished as investigators recoup what they can in the fallout of Melissa Caddick's fraudulent scheme.
As well as the Christian Dior funds, which were revealed on Friday in a Federal Court affidavit, Caddick's assets have included her company Maliver, her CommSec domestic and international share portfolios, Dover Heights mansion and luxury personal items including jewellery. Of this money, $200,000 was paid by electronic funds transfer while $62,940 was paid by American Express credit card.
While the company said it was willing to assist the receivers, it initially declined to hand over any documents, citing confidentiality concerns.
Pocket change.
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