The grisly discovery of a decomposed foot on a remote beach 300 miles south of Sydney has thrust missing con woman Melissa Caddick's Ponzi scheme into the spotlight. The mysterious foot discovery, along with her husband Anthony Koletti's frantic texts, ignited a media frenzy, shedding light on Caddick's murky financial schemes. Caddick had promised substantial returns to investors, amassing A$30 million primarily from family and friends over eight years. However, mounting delays and difficulties in accessing funds prompted the Australian Securities and Investments Commission (ASIC) to freeze her assets, exposing her financial front as an elaborate Ponzi scheme.

Learn more about your ad choices. Visit podcastchoices.com/adchoices