Stefan Glaenzer, tech investor and former chairman of Last.fm, is set to receive his sentence after he had admitted in court to sexually assaulting a female passenger on the London Tube network.
Glaenzer pleaded guilty to one count of sexual assault, which was witnessed by police.
Two similar incidents had also been reported. He said he was a long-term cannabis user and had been on "a drugs binge" at the time of the assault. He also told Westminster Magistrates Court he would seek help for his drug dependency.
According to reports, Magistrate Jessica Baldwin told Glaezner that his drug use
was "an aggravating feature" rather than "mitigation."
The multi-millionaire investor in technology start-ups must now sign the sex offenders register.
"This conviction has devastated him personally and professionally. He has lost his good character that he has maintained for his entire life," said Sallie Bennett-Jenkins QC in his defence.
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