Joe Lewis: British billionaire and former Spurs owner avoids jail over insider trading scheme

Former Major Sports Franchise Owner Joe Lewis Avoids Prison After Insider Trading Conviction Because He’s Old

Joe Lewis, the 87-year-old former owner of the Tottenham Hotspurs, was ordered to pay a $5 million fine but avoided jail time due to his "declining health,"

UK billionaire Joe Lewis, 87, avoids jail in insider trading case

Billionaire Joe Lewis, 87, has avoided jail for insider trading, being sentenced to probation and a $5 million fine. Once a rags-to-riches success story, Lewis faced a low point in his career, pleading guilty to passing confidential trading information. Despite his immense wealth and charitable endeavours, Lewis’s actions struck at the heart of financial markets. While spared prison due to health concerns, the repercussions of his choices echo t…

Ex-Tottenham owner Joe Lewis spared jail as he's sentenced for insider trading

Former Tottenham owner Joe Lewis was sentenced at a New York hearing on Thursday.

British billionaire Joe Lewis gets no prison time at sentencing for insider trading

British billionaire Joe Lewis gets no prison time at sentencing for insider trading British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, will not spend any time in prison after pleading guilty to insider trading and conspiracy charges in New York, a federal judge said.Judge G.L. Clarke cited Lewis' decision to promptly come to the United States to face charges and his failing health, along with a lifetime of…

Billionaire Joe Lewis Avoids Prison Time After Guilty Plea in Insider Trading Case

Lewis’ attorney David Zornow of Skadden Arps Slate Meagher & Flom urged Clarke to consider that Lewis chose to come to the United States to face his charges and then took responsibility by pleading guilty.

UK billionaire Joe Lewis avoids jail for insider trading

The businessman, who half owns Australian beef giant AACo, had pleaded guilty to tipping off friends, private pilots and a girlfriend.