Gary Glitter, also known as Paul Gadd, is now facing a debt of over £600,000 to a woman he sexually assaulted when she was 12 years old. This sum includes £110,000 in interest on the compensation he has been avoiding paying to the survivor. Despite claiming to have no money when initially ordered to pay £508,000 in damages in June 2024, Glitter, 82, transferred £138,000 to his son, Paul, 61, which was later returned.
Following his failure to comply with the compensation order, Glitter was declared bankrupt last year. The woman’s legal team is currently working to seize his assets in an attempt to recover the owed amount. Court documents obtained by the Daily Mirror show that Glitter’s debt to the survivor has now escalated to £618,000, with an additional £110,000 in interest. A recent court decision extended Glitter’s bankruptcy period by a year to allow investigators more time to search for his assets.
Evidence from legal proceedings indicates that the former musician has received royalties totaling at least £988,891 since 1996. Efforts are underway to identify and seize any assets belonging to Glitter. Despite being released from prison in 2023 after serving time for child abuse convictions, he was quickly reincarcerated for breaching parole conditions related to child exploitation.
Glitter’s bankruptcy was extended after it was discovered that he had concealed assets, including significant funds held in accounts and transfers to overseas banks. Attempts were made to divert his assets, such as redirecting pension payments to his son. Although reports suggest a strained relationship between Glitter and his son, Paul occasionally visits him in prison. Glitter claims that all his income, including royalties, has been managed by a company named Machmain Limited since 1989.
In a complex financial maneuver, Glitter transferred his shares in Machmain to a Caribbean-based firm following his arrest in Vietnam for child abuse in 2005. Notably, in November 2023, Machmain cleared the mortgage on Glitter’s £2 million London flat. Investigations are ongoing into the property’s rental income and current value. Glitter’s music has been featured in popular media, such as the film “Joker,” and his son’s involvement in Machmain remains under scrutiny. Despite repeated attempts to reach his son’s lawyer for comments, there has been no response.