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Tottenham Hotspur Owner Joe Lewis Is Charged in U.S. With Insider Trading



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Federal prosecutors charged Joseph C. Lewis, the British billionaire who owns the Tottenham Hotspur English soccer club, with insider trading, accusing him of illegally funneling nonpublic information to associates to trade on.In a 29-page indictment, prosecutors in Manhattan on Tuesday accused the 86-year-old financier of doling out tips to friends and associates, including his pilots, personal assistants and romantic partners from 2019 to 2021.“He used inside information as a way to compensate employees and shower gifts on friends and lovers,” Damian Williams, the United States Attorney for the Southern District of New York, said in a statement. “It’s cheating and against the law.”According to the indictment, Mr. Lewis took information about several publicly traded companies, gleaned from his various i …

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