EXCLUSIVE: How missing Sydney businesswoman Melissa Caddick used a 'fake' CommSec document to dupe an investor into believing they reaped an incredible 257 per cent profit - before she vanished owing millions
A bogus CommSec document allegedly shows missing businesswoman Melissa Caddick swindling investors by claiming they were making remarkable returns.
Daily Mail Australia has obtained a share portfolio statement the Sydney financial adviser allegedly sent to a client to mark the end of the 2014-15 financial year.
The statement purported to show the extraordinary gains that Ms Caddick's wealth management company, Maliver Pty Ltd, had earned for its clients.
The document claimed an investor had made a stunning 257 per cent return - or $118,000 - on an original $33,000 investment in Macquarie Bank stocks.
But the apparent forgery also allegedly contained the seeds of Ms Caddick's business unraveling, when CommSec confirmed the paperwork was faked, the investor said.
Missing woman Melissa Caddick, wearing an 83 carat black sapphire necklace, with her husband Anthony Koletti during her birthday in April this year. It's not suggested her husband was involved with the matters under investigation by ASIC
This is a purported CommSec share trading document an investor says Melissa Caddick sent to them showing they had made a 257 per cent return on Macquarie Bank holdings
'We called CommSec and they confirmed it was not a real account number ... they said the documents are fake,' the investor told Daily Mail Australia.
'I said, "they can't be, as it has your logo on top" ... She had copied and pasted the lot.'
Daily Mail Australia has independently established the document is not genuine. CommSec doesn't even produce a document called a 'portfolio statement'.
The words 'FY2014-2015' aren't written to the bank's typical style and the disclaimer down the bottom is wrong. (However, Macquarie stocks have enjoyed a meteoric rise, the price almost tripling since 2013.)
The investor said Ms Caddick failed to give him satisfactory answers when he confronted her about the alleged CommSec account.
'This is how the whole thing started with ASIC.'
A young Melissa Caddick, on right in 2003 when she was working as a financial adviser with a focus on 'high net worth' individuals
It's understood 'the sh**t hit the fan' for Ms Caddick several months ago - when other parties came forward with concerns about their investments.
Another Sydney financial planner also alleged Ms Caddick had wrongly been using her financial services licence.
'I can't speak about Melissa Caddick,' the planner said on Tuesday.
ASIC has confirmed it is investigating whether Ms Caddick had been using an Australian Financial Services licence that didn't belong to her, if she had misused investors' funds and if she was working as a financial adviser without a licence.
At the weekend a Sydney Morning Herald report claimed Ms Caddick's operation was run like a 'Ponzi scheme'.
That means funds allegedly plunged into Ms Caddick's company by later investors were used to pay out the returns of earlier investors.
The investor the Mail spoke to - a former friend of Ms Caddick's - confirmed that was their understanding of how the alleged scam worked.
The investor said they only got back about $60,000 of the $240,000 they had invested in Maliver over the years.
ASIC declined to comment on its theory about how Ms Caddick's enterprise allegedly worked.
'The investigation is ongoing, so we aren’t making any conclusions on how things worked just yet,' a spokeswoman said.
Here's an extract from an economic commentary Ms Caddick sent to her investors for the 2014-15 financial year
Ms Caddick and her husband Anthony Koletti would regularly jet off to Aspen, Colorado, where they stayed in a five-star residence
Ms Caddick led an extravagant life right up until she went missing on November 12, almost four weeks ago.
She holidayed in Aspen, flaunted Stefano Canturi jewellery, drove a $300,000 Audi R8 and called a $6.2million Dover Heights mansion home.
The mother-of-one disappeared two days after her assets had been frozen by the Federal Court and her home was raided over the ASIC investigation.
Police have been left baffled by her disappearance but are pursuing several lines of inquiry, including that she may have absconded.
There has been no sign of her despite detectives' searches of her 'jogging route' and family members have urged her to return home.
ASIC's case against Ms Caddick briefly returned to court on Tuesday morning.
A hearing over whether a receiver will be appointed over her property and a liquidator to her business has been listed for next week.
'She's in a lot of trouble for a lot of things,' the investor said.
Melissa Caddick: Timeline of Sydney woman's disappearance
November 10: Federal Police raid Melissa Caddick's Dover Heights home in connection with an investigation by corporate regulator, ASIC.
Ms Caddick is also hit with a Federal Court order demanding she surrender her passport and restricting her assets.
November 12: Ms Caddick leaves her home in her activewear about 5.30am, with her son hearing the door close behind her.
Her family find she has left her keys and phone at home.
November 13: Ms Caddick's husband Anthony Koletti contacts NSW Police and reports her missing.
Detectives are seen at the home and police launch an extensive search of the area.
November 17: NSW Police issue appeal for help from the public in finding Ms Caddick
November 19: Mr Koletti and Ms Caddick's brother, Adam Grimley, urge Ms Caddick to come home, her husband saying 'you're not in trouble'
November 25: Media report police are investigating - among several theories - that she may have staged her own disappearance
November 26: Friends reveal her WhatsApp accounts have been accessed since her disappearance, according to its 'last seen' feature. Police later clarify it was her husband, or investigators
November 27: A court hearing is told the investigation into Ms Caddick is a 'murder investigation' - but that is hotly disputed by NSW Police
December 1: Detective appeals for dashcam footage of Ms Caddick's jog and reveal she is yet to be spotted on CCTV
December 8: A second Federal Court hearing will be held in the ASIC v Caddick matter