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Joe Lewis: How one of Britain's richest people broke insider trading laws - Vimarsana News

Joe Lewis: How one of Britain's richest people broke insider trading laws

The 87-year-old - whose family trust owns Tottenham Hotspur - gave secret stock tips to his girlfriend and employees.

Source: bbc.co.uk
Joe Lewis: Former Tottenham owner avoids prison, fined $5million for insider trading - Vimarsana News

Joe Lewis: Former Tottenham owner avoids prison, fined $5million for insider trading

Joe Lewis, the founder of the company which owns Premier League club Tottenham Hotspur, has avoided prison for insider trading and conspiracy but must pay a $5million fine and serve three years’ probation, a Manhattan court judge has ruled. The 87-year-old British billionaire pleaded guilty in January after being indicted in the United States last July for “orchestrating a brazen insider trading scheme”. This, according to U.S. officials, involved the passing of information to “romantic partners and his private pilots.” U.S. sentencing guidelines had called for Lewis to serve...

UK billionaire Joe Lewis avoids jail, fined US$5 million by US judge for insider trading - Vimarsana News

UK billionaire Joe Lewis avoids jail, fined US$5 million by US judge for insider trading

The 87-year-old Tavistock Group founder, who shared illegal stock tips, will serve 3 years of probation after prosecutors and his lawyers asked for leniency.

Source: scmp.com
British billionaire Joe Lewis fined $5 million by U.S. judge for insider trading - Vimarsana News

British billionaire Joe Lewis fined $5 million by U.S. judge for insider trading

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

Source: cnbc.com
Joe Lewis spared jail time for part in 'brazen' insider trading conspiracy | US crime - Vimarsana News

Joe Lewis spared jail time for part in 'brazen' insider trading conspiracy | US crime

British billionaire who heads family that owns Tottenham Hotspur fined $5m and given three-year probation by New York judge