British billionaire Joe Lewis charged for 'brazen' insider trading in US

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British billionaire Joe Lewis charged for 'brazen' insider trading in US
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Joe Lewis, British billionaire and owner of soccer giant Tottenham Hotspur, has been indicted on charges of sharing insider trading secrets with his romantic partners and friends in a 'brazen' criminal scheme, U.S. prosecutors announced Tuesday.

British billionaire and owner of soccer giant Tottenham Hotspur Joe Lewis has been indicted on charges of sharing insider trading secrets with his romantic partners and friends in a"brazen" criminal scheme, U.S. prosecutors announced Tuesday.

David Zornow, an attorney for Lewis, said his client came to the U.S."to answer these ill-conceived charges" and fight them vigorously, according to the Associated Press. Lewis's investments in various companies reportedly gave him control of board seats, where he placed associates who told him what they learned. Prosecutors said that, between 2019 and 2021, Lewis illegally spread that confidential information to his personal assistant, his pilots, his girlfriend, and more people, urging them to make a profit from it.

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