Topline
British billionaire and Tottenham Hotspur owner Joe Lewis was charged with insider trading Tuesday, with the Department of Justice alleging he used his positions of power to “repeatedly” provide inside corporate information to associates—including “romantic partners”—who allegedly made millions of dollars through stock trades.
Key Facts
Damian Williams, the U.S. attorney for the Southern district of New York, said in a video statement Tuesday that Lewis was indicted “for orchestrating a brazen insider trading scheme,” alleging the billionaire gave insider information to “his romantic partners, his personal assistants, his private pilots and his friends.”
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