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Herb Sgarbi Gets 6 Years For Seducing, Blackmailing BMW Heiress

Posted in auto industry, BMW, Newsworthy, Politics, Scandal by Suzanne Denbow | March 9th, 2009 | 1 Response |

Defendant Helg Sgarbi (2ndR) arrives with his lawyers Egon Geis(R) and Till Gontersweiler (back L) for his trial at a court in Munich, March 9, 2009.

It’s a slow news day folks, so bear with us.

Former investment banker and Switzerland native, Helg Sgarbi, was sentenced to six years in prison today after attempting to blackmail the heiress to the BMW fortune, Susanne Klatten. Dubbed the “Swiss Gigolo”, Sgarbi fessed up to the crime, admitting to the court that he had filmed a series of intimate rendezvous with Klatten, demanding Klatten fork over 49 million euros to keep the tapes private. Although certainly of the most relevant interest to us, Klatten was not the only woman to succumb to Sgarbi’s pale, bird-like, charms, as the bespectacled bed-mate also claimed to have ensnared three other wealthy women in similar scheme. Klatten, however, was by far his most well-to-do lover. A married mother of three and a member of the same Quandt family notable for being the leading shareholders in BMW, Klatten herself owns 12.5% of BMW and boasts a Forbes’-estimated net worth of $10 billion. Ranked as Germany’s wealthiest woman and the 68th richest person in the world, Sgarbi had already managed to coax 7 million euros out of Klatten before deciding to go in for the kill, threatening to humiliate Klatten with the incriminating photos if she failed to comply.

Guilty as hell, Sgarbi reportedly attempted to justify his actions by pulling the Nazi card, claiming he was merely attempting to avenge the injustices suffered by his Jewish grandfather at forced labor factory run by the Quandt family during the war. Ultimately unimpressed by his touching story, the Swiss government found Sgarbi guilty of attempted extortion and fraud, sentencing him to serve six out of nine possible years behind bars.

Source: Auto News
Image Cred: Reuters Pictures

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One Response

  1. Mad_Science says:

    Kinda looks like a creepier, less-fun (to me, at least) Conan O’Brien.