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| Version 3 | Version 4 |
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| Swiss 'gigolo' admits blackmail | Swiss 'gigolo' admits blackmail |
| (10 minutes later) | |
| 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. | 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. | 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, 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 Mr Sgarbi sat expressionless in court while the charges against him were read out. | |
| His lawyer then told the court the accusations were basically accurate. | |
| As he has pleaded guilty, Mr Sgarbi is expected to face a shorter sentence. | |
| 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. | 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. |
| 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, says our correspondent. |