To sign up for our daily newsletter filled with the latest news, goss and other stuff you should care about, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or, bookmark the PEDESTRIAN.TV homepage to visit whenever you need a news fix.

The body of missing businesswoman Melissa Caddick has been discovered on a beach on the New South Wales south coast more than six months after she disappeared from her home in Sydney’s eastern suburbs.

Police made the announcement on Friday morning.

“Assistant Commissioner Mick Willing has confirmed that human remains located on the state’s South Coast on Sunday belong to missing Dover Heights woman, Melissa Caddick,” NSW Police wrote on Twitter.

According to the ABC, her body was found at Hobart Beach, near Bermagui NSW.

Police have alleged that a shoe with remains of a human foot were found last Sunday, with DNA testing confirming the remains to be that of the late businesswoman.

Authorities have indicated that the remains had been in the water for some time, with drift modelling suggesting that her body could’ve travelled that distance over the three months since her disappearance.

However, police are *not* ruling out foul play.

Prior to her disappearance on November 12, 2020, Caddick’s home was raided by investigators from the Australian Securities and Investment Commission (ASIC) in regards to allegations against her financial services company – Maliver.

ASIC alleged that her company was misappropriating investor funds and operating without a license.

Days after the raid, Caddick left her Dover Heights home to go for a pre-dawn run but did not take her phone, wallet or keys with her.

She had not been seen since.

The announcement comes as it was revealed earlier this week that Caddick had just $5,600 in her bank account when she went missing three months ago.

More to come.