To dream about a pedophile signifies your ultimate fears. If you have come in contact with a pedophile in your waking life, then the dream may be an indicator of some post traumatic stress and professional counsel is recommended.
To dream that you are a pedophile signifies a transitional phase in your life. You want to explore and experiment. This dream may leave you extremely disturbed, ashamed or embarrassed, but it does not necessarily mean that you have pedophilic tendencies. Perhaps you are feeling ambiguous or insecure about your own sexuality.