Tottenham Hotspur owner Joe Lewis has been charged by federal prosecutors with insider trading.
The British billionaire passed information to his pilots, assistants, and romantic partners, an indictment says.
In one case cited, Lewis is said to have lent his pilots $500,000 each to buy stock before insider information became public.
British billionaire Joe Lewis has been charged by federal prosecutors with insider trading, with prosecutors saying that he passed information to personal pilots, assistants, romantic partners, and a friend he played poker with.
According to the indictment, Lewis even gave his pilots $500,000 each in short-term loans so that they could buy stock before the news became public.
Persons:
Joe Lewis, Lewis, Damian Williams, Williams, David M, Zornow, Mr, Mirati, couldn't
Organizations:
Tottenham Hotspur, Morning, Court, Southern, of, US, Bloomberg, Tavistock Group, English, Solid Biosciences, Australian Agricultural Company
Locations:
of New York, Bahamas, Argentina, Queensland, Tavistock, Mirati