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Life-long ramifications for victims of fraudster’s Ponzi scheme

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Article image for Life-long ramifications for victims of fraudster’s Ponzi scheme

It’s the missing person’s case that captivated the country.

The Sydney Morning Herald’s award-winning investigative journalist Kate McClymont and 60 Minutes’ Tom Steinfort came together for a definitive investigation into what happened to the money and what happened to fraudster Melissa Caddick in the podcast Liar Liar: Melissa Caddick and the Missing Millions.

McClymont tells Jo McManus on Millsy at Midday it was Caddick’s investors in Perth who brought her undone.

“She was allowed to get away with it for so long because they [the investors] were her family and friends,” McClymont said.

“For example one of the Perth investors, she accidentally listed the wrong company [on the statement] and he noticed and thought that’s a very odd thing but because it was Melissa and they knew her, no one questioned her.”

All 10 episodes of Liar Liar are now available wherever you get your podcasts or here.

Tap PLAY to hear a speck of the lies that Caddick told her investors, including her parents

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