The human remains and a shoe, found by a group of people walking along Bournda Beach on Sunday, about 25 kilometres south-east of Bega, had been forensically identified as belonging to Melissa Caddick.
The 49-year-old was last seen at her Dover Heights home on the evening of Wednesday, 11 November. She was reported missing on Friday (13 November).
NSW Police has indicated it will continue to conduct inquiries, with the assistance of the Missing Persons Registry, into the circumstances around Ms Caddick’s death. There are set to be further searches around the Bournda Beach area and along the NSW coastline.
Ms Caddick, while posing as an adviser, allegedly defrauded investors out of more than $20 million, according to law firm Bridges Lawyers.
ASIC had raised concerns that her firm Maliver may have been providing financial services without an AFSL, or with the AFSL of another company without authorisation, to unlawfully deal with investor funds.
The Federal Court made interim orders against Ms Caddick and Maliver in November, including a prohibition against her leaving Australia and removing assets held in Australia.
But Ms Caddick had not shown at the first case management hearing of the matter, having vanished.
The regulator moved to liquidate her assets in December.