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Scotty T is said to 'rely on handouts from his mother to stay afloat' as his bleak yearly income from OnlyFans and club appearances was revealed on Friday.
The Geordie Shore star, 37 - real name Scott Timlin - is best known for appearing in Geordie Shore from 2012 to 2019 and winning Celebrity Big Brother in 2016.
During an appearance at Southwark Crown Court, in which he admitted to illegal posts on Instagram promoting foreign exchange trading, his income was laid bare.
Laura Miller, representing Scott, told the court he has earned about £34,000 in the last year, including a £5,500 handout from his mother 'to get through the day to day'.
She said: 'There's the Instagram world and there's reality. As often said there is the Instagram world and the reality.'
'Mr Timlin’s bank statements make it very clear the lifestyle he lives in the public eye is not the lifestyle he actually does live.'
Scotty T is said to 'rely on handouts from his mother to stay afloat' as his bleak yearly income from OnlyFans and club appearances was revealed on Friday
During an appearance at Southwark Crown Court, in which he admitted to illegal posts on Instagram promoting foreign exchange trading, his income was laid bare
Laura said he has some OnlyFans income, but makes most of his money since the end of Geordie Shore in 2019 from appearances at clubs and bars.
'He now relies extensively on the promotional world being paid to attend bars and nightclubs for events.
'His opening and closing bank balances make for bleak reading,' she explained before adding that he relies on extra money sent by his mother.
Scotty T's representative declined to comment when contacted by the Daily Mail.
Scotty was previously declared bankrupt in 2019 at the County Court in Newcastle after his company, Scotty T Ltd, went bust after owing creditors £182,983.
Seven reality stars and influencers including including Lauren Goodger, Yazmin Oukhellou, and Eva Zapico also admitted to illegal posts on Instagram promoting foreign exchange trading on Friday.
They have all admitted breaking the law when acting as so-called 'finfluencers'.
They urged their 'significant' number of Instagram followers to sign up to an account offering FX trading tips, Southwark Crown Court heard, despite having no qualifications or authorisation from the Financial Conduct Authority (FCA).
Laura Miller, representing Scott, told the court he has earned about £34,000 in the last year, including a £5,500 handout from his mother 'to get through the day to day'
Laura said he has some OnlyFans income, but makes most of his money since the end of Geordie Shore in 2019 from appearances at clubs and bars
The FCA launched the landmark criminal prosecution against the reality stars in summer 2024, accusing them of making social media posts plugging FX trading signals while unregulated.
Love Island star Zapico pleaded guilty in October 2024, and another two Love Islanders, Rebecca Gormley and Biggs Chris, admitted the charges against them last year.
On Friday, Sally-Ann Hales KC lifted reporting restrictions on the guilty pleas and sentences passed.
It came as Scotty - Love Island's Clayton, and another Towie alumni Oukhellou entered their own guilty pleas to the charge of communicating an invitation or inducement to engage in investment opportunities.
She took the step after an application by the press, noting that social media is 'awash' with posts promoting FX signals and trades with little indication of how they are controlled or regulated.
'There is a public interest in reporting of this matter,' she ruled.
In October, Scotty shared that he had welcomed a baby boy with a university student, saying his child was 'the most important thing in [his] life'.
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