It was a day to remember for Rangers fans - and for some more than others.
Scotland's Crime Queens: Lust for luxury brought about downfall of brothel boss Madam Moneybags
22.02.2022 - 08:13 / dailyrecord.co.uk
It was pure greed which brought about the downfall of Edinburgh vice boss Margaret Paterson and gained her the nickname Madam Moneybags.
Addicted to shopping sprees at the city’s most exclusive stores, she needed ever-increasing sums of cash to satisfy her lust for designer goods.
Paterson pocketed a fortune running a stable of call girls for nearly a decade, a business empire built on sex which eventually covered much of Scotland.
But it was never enough, despite the mountain of unused handbags which eventually piled 7ft high in her bedroom.
Trying to squeeze every drop of profit from her escort service, she made the crucial mistake of allowing clients to visit the West End flat where she ran the business.
That turned the premises on posh Grosvenor Street into a brothel under the law, making her operation much easier for police to target.
Paterson always suspected a rival agency – jealous of her success and the money she flaunted – first tipped off cops that women were being forced into prostitution.
Officers probed those allegations and found no evidence of coercion, but their investigation would uncover an illicit enterprise thought to have earned Paterson over £1million.
Paterson began life far removed from the sordid world which would make her fortune.
Born in Penicuik, Midlothian, she grew up on a farm and enjoyed a life of privilege due to her family’s entrepreneurial success. Her mother founded the New Town’s Ritz Hotel on Grosvenor Street.
Paterson cultivated a veneer of middle-class respectability but possessed a ruthless nature and wasn’t too bothered how she funded the lavish lifestyle she craved. In 2002 Paterson launched AaBella Escorts with ex-lover, Robert Munro, a former engineer and restaurant owner, who
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