"Tottenham Hotspur Billionaire Joe Lewis Admits Guilt in Insider Trading Scandal"

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Source: New York Post
"Tottenham Hotspur Billionaire Joe Lewis Admits Guilt in Insider Trading Scandal"
Photo: New York Post
TL;DR Summary

British billionaire and Tottenham Hotspur owner Joe Lewis admitted in a New York court to providing his girlfriend and pilots with illegal stock tips, resulting in a plea deal that includes a $50 million penalty for his company. The 86-year-old faces up to two years in prison and has expressed remorse, with his attorney likely to seek leniency due to his age. Lewis' guilty pleas come after being charged with divulging inside stock information to his ex-girlfriend and pilots, with their cases still pending.

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