Melissa Caddick’s treasure collection will go to auction, with jewellery and ballgowns up for sale

A treasure trove of luxury items from fraudster Melissa Caddick’s stash will soon be auctioned off, including stunning jewellery pieces each worth up to $500,000. 

A collection of items will be on sale by Shapiro Auctions in late November and early December, including artwork, coats, handbags and Chanel ballgowns.

Caddick, 49, vanished without a trace on November 12, 2020 after she fleeced $30million from investors, including family and friends. 

The jaw-dropping necklace worth $250k that Melissa Caddick had custom-made, with an 83-carat black sapphire as its centrepiece

Caddick’s huge range of jewellery will go up for grabs through another auction house Smith & Singer next month, including custom-made diamond, sapphire and emerald necklaces (pictured, a necklace found by police)

Each of the Stefano Canturi-designed gems are valued up to $500,000 each (pictured, a necklace found at her home)

Sale proceeds will go to Caddick’s Ponzi scheme victims, if her husband Anthony Kolleti doesn’t pursue claims that purses in the collection were his.

The first to go under the hammer will be Caddick’s art collection, which includes Archibald Prize winner John Olsen’s painting ‘Giraffes & Wet Season’ from 2000 – tipped to be worth $25,000, the Sydney Morning Herald reported.

Her huge range of jewellery will sell off through another auction house Smith & Singer next month, including custom-made diamond, sapphire and emerald necklaces.

Designer items of coats, ballgowns, handbags and dresses will also be available for sale on December 5 and 6 through Shapiro Auctions (pictured, Caddick with her husband Antony Koletti)

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Each of the Stefano Canturi-designed gems are valued up to $500,000 each. 

The swindler’s jaw-dropping designer jewellery collection includes pieces bought with the $23million she stole, mostly from family and friends, including a $250,000 necklace named Stella, which features an outrageous 83-carat black sapphire. 

Designer items of coats, ballgowns, handbags and dresses will also be available to bid for on December 5 and 6 through Shapiro Auctions. 

These include major luxury brands such as Louis Vuitton, Chanel, Christian Dior, Hermes and Collette Dinnigan.  

Various artworks on sale include ‘Study of Up S*** Creek, Gallipoli’ by renowned Australian artist Luke Sciberras, which could fetch $6,000.

Caddick’s Dover Heights home sold last week for an unknown price, but was expected to fetch more than $10million. 

The last verified sighting of Ms Caddick was when the Australian Securities and Investments Commission and Australian Federal Police raided the mansion on November 11, 2020. 

The next morning she was purportedly heard leaving in the early hours to go for a run and some 30 hours after that, Mr Koletti informed police she had not returned.

Her Ponzi scheme victims, mostly family and friends, lost $20-$30 million she used to fund her lavish lifestyle.

She was assumed to have died after her foot in a shoe washed up on a south coast beach of NSW in February 2021. 

The last verified sighting of Ms Caddick was when the Australian Securities and Investments Commission and Australian Federal Police raided the mansion on November 11, 2020 (pictured, items recovered in the raid)

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Caddick’s Dover Heights home (pictured) sold last week for an unknown price, but was expected to fetch more than $10million