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Fortune
Fortune
Chloe Taylor

Billionaire owner of Premier League side Tottenham indicted over ‘brazen insider trading scheme’

Joe Lewis in the stands at Tottenham Hotspur F.C. (Credit: Catherine Ivill—AMA/Corbis via Getty Images)

British billionaire Joe Lewis—the owner of Premier League soccer club Tottenham Hotspur—has been charged in the U.S. with masterminding an illegal trading plot by abusing his position in C-Suite circles.

Prosecutors accused Lewis on Tuesday of “orchestrating a brazen insider trading scheme” that saw him using inside information to “shower gifts on his friends and lovers”.

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