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Ex-Dragons' Den star cleared of child sex offences Ex-Dragons' Den star cleared of child sex offences
(35 minutes later)
Former star of Dragon's Den Doug Richard has been found not guilty of child sex offences.Former star of Dragon's Den Doug Richard has been found not guilty of child sex offences.
Mr Richard, 57 contacted the 13-year-old girl through a "sugar daddy" website.Mr Richard, 57 contacted the 13-year-old girl through a "sugar daddy" website.
He admitted having sex with the girl but told the court he believed she was 17.He admitted having sex with the girl but told the court he believed she was 17.
This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. He was cleared of sexual activity with a child, causing a child to engage in sexual activity and paying for sexual services.
If you want to receive Breaking News alerts via email, or on a smartphone or tablet via the BBC News App then details on how to do so are available on this help page. You can also follow @BBCBreaking on Twitter to get the latest alerts. He exchanged messages with the 13-year-old after meeting her on the Seeking Arrangements website and went on to act out his fantasies when she travelled to London to meet him.
The American businessman, who once advised Prime Minister David Cameron, told jurors that at the time he believed she was an experienced 17-year-old and insisted he would never "knowingly" have sex with a child.
The court heard he gave the girl and a friend who accompanied her £60 each in cash, which Richard says was a "gift" and not payment for sex.
The court also heard that he made two £120 deposits into PayPal accounts to cover their travel expenses and pre-booked an apartment in London.
The jury was sent out at 11:00 GMT and took under four hours to reach a verdict.