Search for missing alleged conwoman Melissa Caddick called off

The search for accused Sydney con-woman Melissa Caddick has been called off, as police reveal they have no plans to keep searching the water for the missing 49-year-old.

The news comes almost two weeks after Ms Caddick’s decomposing foot was found on a beach south of Tathra on February 21.

Despite a number of remains being found at other beaches along the NSW south coast, only the foot - which was still inside her Asics sneaker - was confirmed to belong to Ms Caddick.

Police divers searched 6000sqm of waters near Ms Caddick’s multi-million dollar Dover Heights home on Friday, after rough seas forced earlier searches to be called off.

Authorities confirmed to Yahoo News Australia that nothing was found in the search.

Caddick
Police have called off the search for Melissa Caddick after police conducted a search in waters near Caddick's Dover Heights home on Friday. Source: Google Maps/Supplied

"A search was conducted by divers of the Marine Area Command at Dover Heights this morning (Friday 5 March 2021)," Supt Joe McNulty from the NSW Police Marine Area Command said.

"The underwater search covered 6000 square metres, however nothing of interest was found. At this stage, police won’t be conducting further searches in the area."

Caddick misappropriated $25m: report

Meanwhile, a report into the 49-year-old's financial affairs revealed she misappropriated about $25 million of investors' funds, the Sydney Morning Herald reported on Thursday.

The report was provided to investors by Bruce Gleeson and Daniel Soire, the partners of insolvency firm Jones Partners, the court-appointed provisional liquidators.

It found Ms Caddick used her company Maliver to launder investors' money.

Melissa Caddick, pictured with husband Anthony Koletti. Source: Supplied
Melissa Caddick, pictured with husband Anthony Koletti. Source: Supplied

The financier disappeared from her multi-million dollar home in Sydney's eastern suburbs last November, hours after corporate watchdog ASIC executed a search warrant at the house.

Liquidators say she "meticulously and systematically" deceived those who entrusted millions of investment dollars to her over seven years and used the money to fund her lavish lifestyle.

Investors say they are disappointed because they still have no idea where their funds went.

- With AAP

Do you have a story tip? Email: newsroomau@yahoonews.com.

You can also follow us on Instagram and Twitter and download the Yahoo News app from the App Store or Google Play.