I think the NAB should explain to the investors how MC was given such a large mortgage … as Maliver hadn’t been in existence a year (incorporated in June 2013) and she was given the mortgage before she purchased DH in April 2014….and she had only returned from overseas at the beginning of 2012.Of course, the media are using the cliche 'fire sale' but IMO it won't be let go at just any price. Both NAB and the defrauded investors deserve for it to be sold at market price for that location.
Conwoman Melissa Caddick’s incredible eastern suburbs mansion is set to hit the market within weeks, after her husband was turfed out of the hilltop home via a court order.
Anthony Koletti left the Dover Heights home for the last time on Wednesday, with the threat of eviction hanging over him, after the Federal Court ordered the two-storey home to be sold off to repay his late wife’s creditors.
Several valuations have priced the property at around $15 million, which will go some way to paying off the 74 investors who lost around $23 million via Caddick’s Ponzi scheme.
Fraudster Melissa Caddick’s $15m mansion is set to hit the market in weeks, after her husband was turfed out of the hilltop home.www.realestate.com.au
The question is what checks did the bank do before giving her the $4.2million mortgage?