Home

Caddick ocean search near Sydney dropped

AAP
The search in waters around east Sydney's Dover Heights for Melissa Caddick has been called off.
Camera IconThe search in waters around east Sydney's Dover Heights for Melissa Caddick has been called off.

The search for missing Sydney conwoman Melissa Caddick's remains in waters around her Dover Heights neighbourhood has been called off.

Police divers were on Thursday forced to postpone the search in waters off Dover Heights in Sydney's east due to hazardous conditions.

Searches for Ms Caddick were conducted on Friday but the operation around Dover Heights is now suspended, NSW Police confirmed on Saturday.

Police earlier this week confirmed at least two sets of remains found at NSW south coast beaches do not belong to Ms Caddick.

Get in front of tomorrow's news for FREE

Journalism for the curious Australian across politics, business, culture and opinion.

READ NOW

So far police have only found Ms Caddick's decomposed foot, which washed up in a running shoe south of Tathra on February 21.

The results of DNA analysis of other remains discovered is pending.

A report into the 49-year-old's financial affairs revealed earlier this week that she misappropriated about $25 million of investors' funds.

The fraudster disappeared from her multi-million dollar home last November, hours after corporate watchdog ASIC executed a search warrant at the house.

Court-appointed liquidators say she "meticulously and systematically" deceived those who entrusted millions of investment dollars to her over seven years and used the money to fund her lavish lifestyle.

Investors say they still have no idea where their funds went.

NSW Police Assistant Commissioner Mick Willing last week told reporters foul play against Ms Caddick was possible but suicide was more likely.

Modelling by NSW Police marine rescue teams, taking tides and drift patterns into account, has explored the possibility that Ms Caddick entered the water near Dover Heights, where she lived, around November 12.

The modelling deemed it possible that her foot could have drifted to Bournda Beach, where it was discovered by a group of campers.

Get the latest news from thewest.com.au in your inbox.

Sign up for our emails