Scamfluencers ENCORE: Melissa Caddick: Trouble Afoot | 205
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Mar 16, 2026 A true crime revisit about a financial planner who lived large on fake returns and then vanished. The story tracks how friends were recruited into a Ponzi style scheme and how forged statements and stolen licenses masked the fraud. It covers the dramatic raid, frozen accounts, a mysterious discovery that captivated the public, and the long fallout for victims and loved ones.
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Friendship Fueled The First Big Victims
- Melissa built trust by converting longtime friends like Kate into clients and used that trust to siphon their retirement savings.
- Kate handed over funds without research after Melissa claimed she’d sold a stake in Wise and launched Molliver Proprietary Limited.
Stolen License Number Enabled Years Of Fraud
- Melissa avoided licensing checks by copying another advisor's financial services number and listing it on client materials.
- Clients trusted the number and never independently verified it, letting Melissa operate off the books for years.
Fake Reports And Lazy Forgery Kept The Scheme Going
- Melissa laundered client money through personal accounts and issued fake investment reports with copied logos and invented account numbers.
- She showed fabricated returns up to 30% to persuade clients to give more and recruit referrals.