Melissa Caddick’s parents, Ted and Barbara Grimley, have an agreement with their con daughter for the Edgecliff apartment.
An Australian woman Melissa Caddick disappeared in late 2020 after the Australian Securities & Investments Commission raided her. It turns out she was holding the financial services business without an AFS license.
The investors of her company have shown their rage while expressing concern to the Federal Court. Meanwhile, a battle will likely emerge between the investors’ group and con woman parents.
There is a suspicion that the woman had misappropriated roughly A$30 from the investors, along with family & friends.
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Who Are Ted and Barbara Grimley? Melissa Caddick Parents
Ted and Barbara Grimley are the parents of the con woman Melissa Caddick, who disappeared on 12 November 2020 after pulling a Ponzi scheme.
Ted Grimley is currently 87 years of age and lives with his wife, Barbara. They recently opened up about their agreement with their vanished daughter amid their disagreements between the investors.
Melissa agreed with her parents to let them live rent-free in the Edgecliff apartment for a lifetime. Meanwhile, her mom and dad also claimed they gave their con daughter $1.1 million for the mortgage payment.
Nevertheless, the woman spent her money on a lavish lifestyle instead of paying the mortgage, as per the court. The parents have currently facing a dispute with the investors’ team.
The Grimley’s barrister Robert Newlands has challenged the investors’ group for the battle, stating, “If someone wants to contest my clients’ propriety claim, I’ll say it openly; they should bring it forward.”
Ted And Barbara Grimley’s Net Worth In 2022
Melissa Caddick’s parents, Ted and Barbara, estimated net worth in 2022 is over a million. They gave their con daughter more than a million dollars for mortgage payments; however, she used the money for her lavish life.
What’s more, Melissa’s mansion, worth more than $10 million, is currently on sale, along with her luxury items. Regardless, her parents are now fighting to keep the home where they reside for the moment.
Ted and Barbara live in an Eastern Sydney apartment roughly worth $2 million, where they claim their daughter has let them live rent-free.
Meanwhile, the liquidators are trying their best to pursue the apartment to recover the victim’s funds.
Case Update On Ted & Barbara Grimley Amid The Scheme
After Melissa Caddick disappeared with the Ponzi scheme, the investigators’ team presumed her dead and defined her case as one of the “most high profile missing person cases.”
However, her parents Ted and Barbara, are trying their best to settle down with the investors, who are pouring down with rage after the scheme. Also, the liquidators are trying to recover the victim’s funds by selling down her property.
At present, Barrister Robert Newlands SC has stood up for clients and challenged the investors who are targeting the property where the two elderly lived.
Ted And Barbara Grimley Biography- Their Family Life
Ted and Barbara Grimley gave birth to their daughter Melissa on 21 April 1971. She grew up together with her sibling in Lugarno, a southern suburb of Sydney.
Her father, mother, and brother, Adam Grimley, are currently dealing with the matter as the situation turns bitter.
