US charges British billionaire Joe Lewis with insider trading

📆 7/26/2023 2:45 AM
📰 Reuters

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 97%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Joe Lewis, the British billionaire and owner of the Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating a 'brazen' insider trading scheme.

NEW YORK, July 25 - Joe Lewis, the British billionaire and owner of the Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating a "brazen" insider trading scheme.

"None of this was necessary. Joe Lewis is a wealthy man," U.S. Attorney Damian Williams said in a video on the X social media platform, formerly known as Twitter. Lewis, 86, who founded the investment firm Tavistock Group, was charged with 16 counts of securities fraud and three counts of conspiracy, for alleged crimes spanning from 2013 to 2021.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

British Billionaire Joe Lewis Indicted in U.S. for Insider TradingJoe Lewis was accused by federal prosecutors of orchestrating a “brazen” scheme over eight years, abusing his access to corporate boardrooms and “repeatedly” providing insider information to employees, friends, and romantic partners.
Source: thedailybeast - 🏆 307. / 63 Read more »