Melissa Caddick: Husband Anthony Koletti stripped of $1700 in living expenses

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Melissa Caddick: Husband Anthony Koletti stripped of $1700 in living expenses

They lived the most lavish of lives together but the rivers of gold have finally run dry for Melissa Caddick's unemployed hairdresser, DJ and prawn fa

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They lived the most lavish of lives together but the rivers of gold have finally run dry for Melissa Caddick’s unemployed hairdresser, DJ and prawn farmer husband.

Anthony Koletti, the ‘toy boy’ of Sydney’s alleged fake financial adviser, will soon be stripped of the $1700 allowance he’s paid from his wife’s bank accounts each week.

The Federal Court heard on Monday that little over $5,600 was left in Caddick’s 14 accounts as of a week ago, a sum that may well have depleted since.

Once the money runs out, Mr Koletti won’t be paid a cent, with Justice Brigitte Markovic ordering ‘no further payment or allowance’ be made. 

The decision follows the bombshell receiver and liquidators reports on Caddick and her company Maliver Pty Ltd that were handed to the court on Monday, each running to hundreds of pages.   

The joy ride's over: Melissa Caddick's husband Anthony Koletti (above, behind the wheel of a left hand drive luxury vehicle) will be stripped of his $1,700-per-week allowance when his wife's remaining bank balance is exhausted, the Federal Court has heard

The joy ride’s over: Melissa Caddick’s husband Anthony Koletti (above, behind the wheel of a left hand drive luxury vehicle) will be stripped of his $1,700-per-week allowance when his wife’s remaining bank balance is exhausted, the Federal Court has heard

New South Wales's most wanted woman was said to boast about her 83 carat black sapphire necklace (above) being worth $250,000. Above, the couple on Caddick's birthday last year

New South Wales’s most wanted woman was said to boast about her 83 carat black sapphire necklace (above) being worth $250,000. Above, the couple on Caddick’s birthday last year

The confidential reports into Caddick’s alleged misappropriation of up to $25million reveal that the dozens of investors who plunged their savings into Caddick’s business are likely to be disappointed with their return – if they get one at all.

Lawyer Stephanie Fendekian for ASIC told the hearing there was a ‘significant shortfall’ between Caddick’s assets and what investors have claimed.

The majority of Caddick’s wealth is locked up in real estate, shares and luxury goods, including jewelry, the court heard.

Caddick was a known aficionado of prestige Sydney jeweller Simon Canturi, boasting to friends of her alleged $250,000 83 carot black sapphire necklace. 

She owned a $6.2million Dover Heights home, paid $2.2million for an Edgecliff penthouse for her parents, drove around in a $300,000 Audi R8 (as well as a Mercedes), holidayed in Aspen, Colorado, each year and had a fit, young personal chef cook her family organic meals about four nights a week.  

The court’s ruling on Mr Koletti’s living expenses is likely to come as a dire financial blow. The 38-year-old previously told the court had just $1.95 in his bank account a fortnight after Caddick went missing last November.  It’s unclear what would happen to his prized R8 under future receivership orders.

It was also revealed in court that Mr Koletti and Caddick’s brother Adam Grimley were last week compelled to attend interviews with ASIC investigators.

During the ‘examinations’ last Thursday and Friday, the pair would have been required to answer questions under oath, according to Section 19 of the ASIC Act. 

Flash sportscar: Mr Koletti drives a $300,000 electric blue Audi R8. Above, the former Joh Bailey hairdresser poses with his pride and joy in front of the Sydney Harbour Bridge

Flash sportscar: Mr Koletti drives a $300,000 electric blue Audi R8. Above, the former Joh Bailey hairdresser poses with his pride and joy in front of the Sydney Harbour Bridge

Living like royalty: Caddick and Koletti lived in a $6.2million Dover Heights mansion with sweeping views of Sydney Harbour (real estate photo above)

Living like royalty: Caddick and Koletti lived in a $6.2million Dover Heights mansion with sweeping views of Sydney Harbour (real estate photo above)

Lavish holidays: Caddick with her brother Adam Grimley and husband Anthony Koletti holidaying in Fiji, above. The Federal Court heard Mr Grimley and Mr Koletti were compelled to appear at an examination with ASIC investigators last week

Lavish holidays: Caddick with her brother Adam Grimley and husband Anthony Koletti holidaying in Fiji, above. The Federal Court heard Mr Grimley and Mr Koletti were compelled to appear at an examination with ASIC investigators last week 

ASIC has been assisting the NSW Police Force in its investigations with the NSW Financial Crimes Squad recently becoming involved.  

Ms Fendekian reported that ASIC has been working closely with detectives. She said receivers and provisional liquidators have found a ‘number of possible contraventions of the Corporations Act and criminal law’ by Caddick and her company.  

Ms Caddick has been missing for more than three months, meaning police consider her among the ‘long term’ disappeared – a category that makes up just two per cent of those missing.

The state’s most wanted woman was last seen at her Dover Heights home on November 11 as ASIC and Federal Police officers pored through her books, financial records and closed circuit security cameras. She disappeared afterwards – her teenage son reportedly hearing the door ‘click’ about 5.30am the next morning.

Bondi Police aren’t ruling anything out, but detectives are working on the theory she intentionally disappeared as law enforcement closed in. 

The civil case against Caddick and her company will return to court in April with an application is expected to be made to wind her company up. 

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