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Tottenham Hotspur owner Joe Lewis indicted over insider trading scheme

  • British billionaire Joe Lewis, owner of the Tottenham Hotspur soccer team, was taken into U.S. federal custody in New York City on charges of insider trading. He is accused of sharing corporate secrets with romantic partners, personal assistants, friends, and pilots, resulting in millions of dollars in illegal profits.
  • Lewis, along with his pilots Patrick O'Connor and Bryan 'Marty' Waugh, is expected to appear in court to face charges of securities fraud and conspiracy. Lewis denies the allegations and plans to vigorously fight the charges, stating that the government has made an "egregious error in judgment."
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Joe Lewis, the British billionaire who is the majority shareholder of the London soccer club Tottenham, will appear in court for insider trading. The 86-year-old man faces up to 25 years in prison.

·Paris, France
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, July 25, 2023.
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