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

NEW YORK — 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 Thursday. Judge G.L.

Lewis, 87, was wearing an eye patch and one of his hands shook steadily throughout the one-hour proceeding in a federal court in Manhattan. He has remained in the United States since last July. Before he was sentenced, Lewis spoke briefly, saying he learned growing up in England during World War II how 'precious' life is and decided to devote much of his life to finding a cure for 'horrendous diseases.' 'Your honor, I’m here today because I made a terrible mistake.

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 fined $5 million by U.S. judge for insider tradingProsecutors said Lewis passed inside information on his portfolio companies to his private pilots as well as friends, personal assistants and romantic partners.
Source: CNBC - 🏆 12. / 72 Read more »

British billionaire Joe Lewis may dodge prison time at his sentencing for insider tradingFederal prosecutors have plenty of stern words to say about 87-year-old British billionaire Joe Lewis's insider trading
Source: ABC - 🏆 471. / 51 Read more »

British billionaire Joe Lewis may dodge prison time at his sentencing for insider tradingFederal prosecutors have plenty of stern words to say about 87-year-old British billionaire Joe Lewis's insider trading.
Source: ksatnews - 🏆 442. / 53 Read more »

British billionaire Joe Lewis may dodge prison time at his sentencing for insider tradingFederal prosecutors have plenty of stern words to say about 87-year-old British billionaire Joe Lewis's insider trading.
Source: wjxt4 - 🏆 246. / 63 Read more »