FREED paedo glam rocker Gary Glitter has hidden his fortune from the taxman in an offshore company based in a tax haven.
Glitter, who is thought to be worth £8million, has diverted his funds to Shoreview LLP via a web of shareholdings he set up in Anguilla, West Indies.
3Freed paedo rocker Gary Glitter has hidden his fortune from the taxmanCredit: Getty Images – Getty
3Gary Glitter, seen leaving HMP The Verne Prison in Dorset, has diverted his £8million fortune in an offshore company based in in Anguilla, West IndiesCredit: Darren FletcherThe firm’s activities are shielded from public scrutiny under local law which means, say critics, UK taxpayers will never seen a penny of the 78-year-old’s riches.
It also controls Glitter’s Machmain company, which manages his music earnings.
Glitter — real name Paul Gadd — sold the rights to his hits for a seven-figure sum before he was arrested for child porn in 1997.
He has coined it in jail from listeners to his songs on Spotify and he is paid royalties from 2019 movie Joker, which features his 1982 hit Rock and Roll Part 2.
Glitter, who served three years in Vietnam from 2006 for abusing two girls, is now free after serving half of a 16-year term for child abuse.
The monster, whose “depraved and dreadful crimes” from 1975 and 1980 included the attempted rape of a girl of eight, still owns a flat in London.
He was let out HMP The Verne on the Isle of Portland, Dorset, and is staying in a bail hostel at which local dad David Jones, 46, called yesterday holding the hand of his daughter, aged six.
The construction worker said he wanted to know why Glitter was there.
He fumed: “This is what my taxes are going towards — to have a man like that living here.
“He should’ve died in jail. They should be protecting my daughter. Not him.”
3Glitter is staying in a bail hostel which annoyed localsCredit: Peter Jordan – The Sun
Story Credit: thesun.co.uk