Businessman whose family owns Tottenham Hotspur football club had pleaded guilty to tipping off friends, private pilots and a girlfriendBritish billionaire and Tottenham Hotspur football team owner Joe Lewis arriving at a US federal courthouse to be sentenced on insider trading charges in New York.
Lewis pleaded guilty to fraud charges in January, following an investigation in which he was found to have passed on stock tips to friends, private pilots and a girlfriend. The recipients made more than half a million dollars by trading on the non-public information, to which Lewis had been privy through his seats on various corporate boards, according to prosecutors.