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Swiss 'gigolo' in blackmail trial Swiss 'gigolo' admits blackmail
(10 minutes later)
A Swiss man accused of seducing several rich women in order to swindle them out of millions of dollars has gone on trial in the German city of Munich. A Swiss man has pleaded guilty of seducing several rich women in order to swindle them out of millions of dollars at a trial in Munich.
Helg Sgarbi - nicknamed by the media as the Swiss Gigolo - faces up to 10 years in prison for fraud and extortion.Helg Sgarbi - nicknamed by the media as the Swiss Gigolo - faces up to 10 years in prison for fraud and extortion.
His most prominent victim was Susanne Klatten, the heiress of the German car manufacturer BMW.His most prominent victim was Susanne Klatten, the heiress of the German car manufacturer BMW.
Mr Sgarbi told the court he deeply regretted his actions and apologised to his victims.
Prosecutors say Mrs Klatten gave Helg Sgarbi nearly $9m, but went to the police after he tried to blackmail her.Prosecutors say Mrs Klatten gave Helg Sgarbi nearly $9m, but went to the police after he tried to blackmail her.
Mrs Klatten, a married business tycoon who owns a 12.5% stake in BMW, also said he secretly videoed them having sex in a Munich hotel and threatened to make the tape public if he did not receive another $18m.Mrs Klatten, a married business tycoon who owns a 12.5% stake in BMW, also said he secretly videoed them having sex in a Munich hotel and threatened to make the tape public if he did not receive another $18m.
The reclusive Susanne Klatten may give evidence at the trialBut instead of giving away more of her fortune, the reclusive 46-year-old mother-of-three went to the police.The reclusive Susanne Klatten may give evidence at the trialBut instead of giving away more of her fortune, the reclusive 46-year-old mother-of-three went to the police.
The BBC's Steve Rosenberg in Munich says there is a huge amount of media attention on the trial, which is being described as one of the most remarkable and sensational in German judicial history.The BBC's Steve Rosenberg in Munich says there is a huge amount of media attention on the trial, which is being described as one of the most remarkable and sensational in German judicial history.
It is believed that Mrs Klatten, who normally shies away from publicity, could testify if Mr Sgarbi does not confess to the alleged crimes. It had been thought that Mrs Klatten, who normally shies away from publicity, could have testified if Mr Sgarbi did not confess to the alleged crimes.