Gary Glitter, whose real name is Paul Gadd, has accumulated a debt exceeding £600,000 to a woman he sexually assaulted when she was 12 years old. This sum includes £110,000 in accrued interest on the compensation he was ordered to pay the survivor of his abuse back in June 2024, an amount he has adamantly refused to settle.
Despite claiming insolvency when instructed to provide the woman with £508,000 in damages, Glitter, now 82, managed to transfer £138,000 to his son, also named Paul and aged 61, which was subsequently returned. Following his failure to meet the compensation obligation, he was declared bankrupt last year, leading the woman’s legal representatives to pursue the seizure of his assets.
Recent court documents, as revealed by the Daily Mirror, disclose that the outstanding debt to the victim has escalated to £618,000, with an additional £110,000 due to accumulated interest. Investigators have been granted another year to locate Glitter’s assets after a judge extended his bankruptcy period following a recent ruling.
Legal actions initiated by the victim exposed that the musician has received at least £988,891 in royalties since 1996. Consequently, her legal team is actively working to secure his assets.
Having been released from prison in 2023, serving half of a 16-year sentence for sexually abusing three underage girls, Glitter found himself back in custody shortly after for violating parole conditions, allegedly involving the download of illicit images of minors.
Glitter’s bankruptcy status was established last year after his failure to fulfill the compensation requirements. Judge CJ Taylor at Bristol county court opted to extend the bankruptcy term for a year upon discovering that Glitter had been deceptive about his financial holdings, acknowledging the existence of undisclosed assets. Notably, significant funds were identified in an account under his name between 2006 and 2008, alongside transfers to a Swiss bank, with trustees noting attempts to divert his assets away from settlement, such as redirecting pension payments to his son.
Despite reported discord between the two following Glitter’s initial convictions for child abuse in 1999, records indicate that Paul occasionally visits his father in HMP Channings Wood, near his residence in Devon. Glitter claims that all his income, including royalties, has been channeled through Machmain Limited since 1989, with his shares in the entity being transferred to a Caribbean-based tax haven firm in 2005, shortly after being apprehended in Vietnam for child-related offenses.
In a notable development, Machmain cleared the mortgage on Glitter’s £2 million sixth-floor flat within a Victorian mansion block in Central London in November 2023. Judge Taylor highlighted that the property’s rental income and current valuation are avenues for further investigation by trustees. Paul, now 61, assumed a directorial position on Machmain’s board in October.
Glitter’s music has featured in the 2019 movie “Joker,” is frequently played at US ice hockey matches, and had one of his lyrics incorporated by Oasis. Despite numerous attempts, his son’s legal representative has refrained from issuing any comments in response to inquiries.
