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Sunday, 25 July 2010

Heavyweight Stevie Malcolm - dubbed The Fat Controller

12:50 |

Heavyweight Stevie Malcolm - dubbed The Fat Controller over the taxi firms he runs - has kept himself on the straight and narrow as he built up a huge personal fortune.

The 46-year-old boasts a fleet of luxury cars and a string of sprawling homes - including one £9million pad with a £1.4million fish tank.

And yesterday he was revealed as the owner of the plush property where fraud probe pal Hughes, 31, lives in Kilmacolm, Renfrewshire.

But as well as raking in cash from taxi and beauty firms, in his background lurk links to TWO Glasgow crime dynasties as well as a web of shadowy underworld figures.

Last night a source revealed: "Stevie is a businessman first and foremost.

"He is aware there are always these rumours surrounding him, but he doesn't really care. As far as he's concerned he's squeaky clean and nothing can touch him."

Malcolm - who lives in a detached home in upmarket Whitecraigs, Glasgow - is known to have had a close friendship with feared crimelord Tam 'The Licensee' McGraw. And he is still in league with the gangster's widow Margaret, 58, according to the latest company records filed last November.

She sold cab firm Glasgow Private Hire to him in the 1990s - when it was called Mac Cars - and still owns 40 per cent of the company.

Malcolm has a 50 per cent stake in the business, with his wife Julie owning the remaining ten per cent.

Accounts revealed the firm raked in a massive £2.5million between November 2002 and November 2003 - a whopping £50,000 a week.

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