Page 2 - Mark Herr News Today

Prosecutors said Lewis passed inside information on his portfolio companies to his private pilots as well as friends, personal assistants and romantic partners.

The businessman, who half owns Australian beef giant AACo, had pleaded guilty to tipping off friends, private pilots and a girlfriend.

Critics argue the legislation “essentially guts” Idaho’s Terrorist Control Act.

British billionaire and Tottenham Hotspur owner Joe Lewis pleaded guilty to insider trading charges. He passed inside information to several associates, including two private pilots.

Billionaire Joe Lewis, who owns the Tottenham Hotspur English soccer team, pleaded guilty Wednesday to securities fraud in Manhattan federal court.

British billionaire Joseph Lewis through a family trust controls a majority ownership stake in the English Premier League soccer team Tottenham Hotspur.

The 86-year-old investment magnate — whom a spokesman said was "deeply sorry" and "embarrassed" — pleaded guilty in Manhattan federal court to securities fraud and conspiracy charges.

As part of the plea deal, Lewis has the right to appeal in the event he is sentenced to prison time, his lawyer said

Billionaire Joe Lewis, who owns the Tottenham Hotspur English soccer team, pleaded guilty Wednesday to securities fraud in Manhattan federal court.

NEW YORK (Reuters) -British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges on Wednesday after being accused last year of a scheme that prosecutors said was designed to enrich friends and associates, and apologized to a judge for his conduct. Lewis, 86, pleaded guilty to one count of conspiracy to commit securities fraud and two counts of securities fraud under an agreement with the U.S. Attorney's office in Manhattan. As part of the plea deal, Lewis can appeal if the...