The founder of the defunct gay media company Satellite Group has pleaded guilty to supplying and procuring to import drugs and will be sentenced later in the year.Greg Fisher, 40, pleaded guilty in the District Court yesterday to nine charges of supplying drugs and one charge of procuring to import drugs, The Daily Telegraph reported.Fisher allegedly sold about $200,000 worth of drugs including cocaine, GHB and ecstasy from a unit in Kings Cross over a period of six weeks.The Satellite founder also allegedly stored drugs in a property in Darlinghurst. Police also found drugs at Fisher’s home in Woollahra.Fisher’s lawyers will contest their client’s role in suppyling the drugs. He is due to be sentenced in November.Fisher has already been convicted on separate charges of misusing company funds, after spending about $220,000 of Satellite money on a fashion show without the Satellite board’s approval.Fisher remains in prison.

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