Edinburgh prostitute boss faces £1.2m police claim

A BROTHEL boss dubbed “Madam Moneybags” is set to lose her haul of designer handbags as police bid to claw back £1.2 million in dirty cash.

A BROTHEL boss dubbed “Madam Moneybags” is set to lose her haul of designer handbags as police bid to claw back £1.2 million in dirty cash.

Margaret Paterson regularly went on lavish spending sprees at city stores such as Harvey Nichols, Louis Vuitton and Mulberry, splurging thousands amassed during an industrial-scale prostitution racket she ran from a West End address.