London | Joe Lewis, the billionaire real estate investor and owner of Tottenham Hotspur football club, has been charged over multiple alleged instances of insider trading, US prosecutors said on Tuesday (Wednesday AEST).
The 86-year-old, who is one of Britain’s richest men, is accused of tipping off employees, associates, friends and romantic interests with non-public information about various entities, and lending some of them hundreds of thousands of dollars to trade on the privileged knowledge. He has been charged with 19 counts, including securities fraud and conspiracy to commit securities fraud and make false statements.
Financial Times