2 Mar 2021

Human remains found on NSW beach don't belong to Melissa Caddick

8:29 pm on 2 March 2021

NSW Police have confirmed parts of a human torso which washed ashore at a South Coast beach on Friday do not belong to Sydney businesswoman Melissa Caddick.

Multi-million dollar homes in Dover Heights line the cliffs of Sydney's eastern seaboard on May 8, 2010.

Millionaire Melissa Caddick lived in Dover Heights in Sydney's east, but disappeared a day after investigators looking into her financial services company raided her home. Pictured: Dover Heights. Photo: TORSTEN BLACKWOOD / AFP

Police said the remains found at Mollymook belonged to a man.

Caddick had been missing since 12 November, when she left her Dover Heights home in Sydney's eastern suburbs, telling her husband she was going for an early morning run.

Before her disappearance, Caddick's home had been raided by Australian Securities and Investments Commission (ASIC) officials, as part of investigations into her financial services company, Maliver.

A member of the public found bones on Tura Beach, south of Mollymook, on Saturday but police confirmed they belonged to an animal.

Caddick's "badly decomposed foot" and ASICS sneaker were found by campers at Bournda Beach, near Tathra, 250 kilometres south of Mollymook, a week earlier.

NSW Police said the remains found on Friday did not belong to Caddick or a 39-year-old man missing from the Batemans Bay area since 25 January.

"The DNA profile will be compared against the missing persons database, which contains the hereditary and genetic mapping of long-term missing people in NSW," NSW Police said.

"Further inquiries will be conducted by South Coast Police District and the Missing Person's Registry."

The corporate watchdog alleged Caddick misappropriated investor funds through Maliver, and operated without a licence.

ASIC has previously revealed in court that investors handed over more than $AU13 million, however, a law firm acting for some of the investors believed the true total could be $AU20 million or more.

On Sunday morning, a third set of remains washed up at Warrain Beach in Culburra.

"All remains will undergo forensic examination to determine if they are human or animal," NSW Police said yesterday.

"If a member of the public locates remains, they are urged to leave the item in situ and contact local police in the first instance."

Police said modelling of current drifts and waves showed it was possible Caddick entered the water from near her clifftop home and her body drifted several hundred kilometres south.

It took five days for DNA results from Caddick's foot to come back and it is understood a similar timeframe is expected for the latest remains.

- ABC