British Billionaire Convicted of Insider Trading Scheme

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British Billionaire,Insider Trading,Conviction

87-year-old British billionaire, , has been convicted of a “brazen insider-trading scheme” and barred from returning to the U.S. His health has sharply declined in the past eight months.

Inside the U.S. District courthouse off Pearl Street in Manhattan, courtroom 20C was filled to the brim on Thursday. More than 50 people had gathered by 3 p.m. local time to learn the fate of one man: 87-year-old British billionaire, . The once-powerful Lewis, now convicted of a “brazen insider-trading scheme” and barred from returning to the U.S., was sat at a table between his attorneys with a black patch over his right eye, and his small frame sinking into his chair.

When Lewis entered the room, he clung to a man who held him steady. That same man had shielded Lewis from photos entering the courthouse, a sharp contrast to the man said to be of “impeccable integrity and prodigious accomplishment” who strode away wearing aviator sunglasses after initially denying the charges against him just 253 days earlier. Advertisement In the eight months since, Lewis’ legal team argued his health has sharply decline

 

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