We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,797 News Articles

Tech investor Glaenzer admits sexual assault

As a result of his guilty plea the multi-millionaire investor must now sign the sex offenders register

Well known tech start-up investor Stefan Glaenzer has admitted in court to sexually assaulting a female passenger on the London Underground.

Glaenzer will be sentenced on 20 December and has been given unconditional bail while he awaits sentence.

Glaenzer, the former chairman of Last.fm, pleaded guilty to one count of sexual assault, which is said to have been witnessed by police.

The court heard two similar incidents had also been reported. Glaenzer told the court he was a long-term cannabis user and had been on "a drugs binge" at the time of the assault.

As a result of his guilty plea the multi-millionaire investor must now sign the sex offenders register.

Glaenzer's defence barrister Sallie Bennett-Jenkins QC told the court: "This conviction has devastated him personally and professionally. He has lost his good character that he has maintained for his entire life."

Westminster Magistrates Court was told by Glaenzer that he would now seek help for his "drug dependency". But magistrate Jessica Baldwin told Glaenzer his drug use was "an aggravating feature", and could not be seen as "mitigation".

The case has been adjourned for pre-sentence reports.

IDG UK Sites

Android One vs Android Silver vs Google Nexus: What is the difference?

IDG UK Sites

Apple updates MacBook Pro line-up: Price cuts & spec boosts for 6 MacBook Pro models

IDG UK Sites

Long live the internet fridge: the Internet of Things is coming

IDG UK Sites

How Prometheus' colourist Juan Ignacio Cabrera gave a tense, edgy feel to Chosen