Former Bay City Rollers manager Tam Paton leaves £2.7m estate to animal and child charities
THE multi-million pound fortune of controversial music mogul Tam Paton is to go to children's and animal charities.
The convicted sex offender, who oversaw the Bay City Rollers' rise to fame, died last year aged 70. He amassed a fortune of nearly 2.7 million, which will be held in a trust set up in his name.
Mr Paton's estate, which has been valued at 2,693,683.67, will be held in trust, with any profits being divided between a selection of charities: the Dogs Trust, WWF, CHAS-run Rachel House Children's Hospice in Kinross, cancer research charities and the Scottish SPCA.
Paton also gave his executors permission to distribute funds to any charity of a similar nature to those chosen. However, not all of the charities named in the will have yet decided whether to accept the proceeds.
His estate includes his 1.1m Gogar mansion, four flats in Torphichen Place valued at 496,000, 1,039,500 in stocks and shares, and a 27,450 Range Rover.
Paton died last April after suffering a heart attack at his Gogar mansion, Little Kellerstain. He was found in his plunge pool.
He was convicted of sex offences against two boys aged 16 and 17 in 1982. He was also convicted of drug dealing in 2004 after 26,000 of cannabis was found at his home, but he was cleared on appeal.
In 2003, former Rollers guitarist Pat McGlynn claimed Paton had tried to rape him in an Australian hotel in 1977, but police said there was insufficient evidence to take the allegation further.
In the wake of his death, Crown Office officials moved to seize part of his estate under the Proceeds of Crime Act but later dropped the move.
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