British Billionaire Joe Lewis Sentenced for Insider Trading

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British Billionaire,Joe Lewis,Insider Trading

British billionaire Joe Lewis has been sentenced to pay a $5 million fine and serve three years of probation for sharing illegal stock tips. The judge's decision allows the 87-year-old founder of an investment firm to avoid prison.

A U.S. judge ordered British billionaire Joe Lewis on Thursday to pay a $5 million fine and serve three years of probation for sharing illegal stock tips, allowing an investment firm's 87-year-old founder to avoid prison after prosecutors and his attorneys urged leniency.

 

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