Joe Lewis pleads guilty to insider trading

Tashif Khan

1 Y

Joe Lewis pleads guilty to insider trading

The Tottenham Hotspur football team is owned by the family trust of UK billionaire Joe Lewis, who entered a guilty plea to insider trading in a US court.

Lewis, 86, was charged with giving his friends, personal assistants, romantic partners, and private pilots insider information about his businesses.


According to US officials, millions of dollars were made from the scam.

Lewis entered a plea agreement with prosecutors in which he admitted guilt to two counts of securities fraud and conspiracy.
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