A multi-millionaire tech trader accused of thrusting up from a woman’s bottom as she loaded a dishwasher has been cleared of assaulting her.
Stefan Glanzer, 61, allegedly pressed himself towards the lady in an business in Notting Hill, west London, on 9 June 2021.
The girl explained to Isleworth Crown Court docket she ‘felt a force come up guiding her’ and was ‘frozen in shock.’
Married father-of-three Glanzer denied sexual assault and insisted he bumped into her with his hip unintentionally just after he nipped into the kitchen area for a quick cup of espresso.
The German-born entrepreneur smiled to users of his spouse and children from the dock as the jury acquitted him of sexual assault immediately after deliberating for 3 hrs and 15 minutes.
Stefan Glanzer, 61, (pictured) has been cleared of sexual assault immediately after currently being accused of thrusting up versus a woman’s base in 2021
Pictured below is the workplace kitchen in Notting Hill in which the alleged assault happened
He is the co-founder of Passion Funds, which is a person of London’s greatest tech expenditure firms.
Very last year the business said it was ‘removing his involvement and membership in all Passion entities that he held from his former role’ and would search for to limit his financial rewards.
Passion Capital is led by American undertaking capitalist Eileen Burbidge, who was Boris Johnson’s digital adviser when he was Mayor of London.
Glanzer owns a residence in Kensington Park Gardens the place houses can fetch in excess of £10m.
He was banned from the Underground for 18 months approximately 11 decades in the past following he rubbed his groin versus a female commuter’s base on packed practice.
The online tycoon was noticed by a basic clothing officers assaulting the girl as they waited to board a Central line train at Oxford Circus station.
He admitted sexual assault and possession of hashish at Westminster Magistrates’ Court docket in December 2012.
Father-of-three Glanzer claimed he was below the impact of cannabis at the time of the offence and has not smoked it considering that.
He was then handed an eight-7 days sentence, suspended for 18 months, and placed on the sex offenders sign up for seven yrs.
Glanzer, a DJ for 15 several years, was the co-founder Ricardo.de, one particular of the initially European on-line auction sites, and grew to become chairman of Final.fm in 2004.
He bought his stake in the internet site for £22 million in 2007 and at present sits on the board of wellbeing and magnificence site Wahanda.com
He was hailed as of Europe’s major traders by TechCrunch in 2010 and began Enthusiasm in 2011 along with Burbidge and Robert Dighero, who now run the enterprise.
Passion’s enterprise funds investments incorporate the app-based mostly lender Monzo and the insurance begin-up Marshmallow.
Prosecutor Jose Olivares-Chandler experienced explained to jurors Glanzer deliberately rubbed up towards the woman the lady who was ‘frozen in shock.’
But Glanzer insisted he accidentally claimed he bumped into the girl with his proper hip in the kitchen.
‘We had began going for walks at the same time and out of a unexpected, when I was hunting to the still left at the two other people today who built an attempt crossing through… I bumped into the woman,’ Glanzer mentioned.
Isleworth Crown Court docket (pictured) cleared Stefan Glanzer of sexual assault
His barrister Louise Sweet asked: ‘Did you when you arrived at the [offices] at about 1:10pm on 9 June, deliberately thrust your genitals into [the victim].’
Glanzer replied: ‘No, I did not force any component of my overall body other than the hip.’
Speaking of his ‘spectacular drop from grace’ in 2012 he stated: ‘On a personalized degree it was in fact breathtaking as it strengthened our family on a individual take note, I’m at the similar experience of my pals and family members, I didn’t drop any one it was very the reverse.
‘My children who believed right before I was only tremendous thriving [realised] I was human who makes problems as effectively.’
Glanzer, of Kensington Park Gardens, denied and was cleared of sexual assault.