Getty ImagesUK billionaire Joe Lewis, whose family trust owns Tottenham Hotspur football club, has pleaded guilty to insider trading in a US court.
Lewis, 86, was accused of passing on information about his companies to his private pilots, friends, personal assistants and romantic partners.
US authorities say that the fraud netted millions of dollars in profit.
Lewis pleaded guilty to conspiracy and two counts of securities fraud as part of a deal with prosecutors.
Lewis founded the investment firm Tavistock Group, which has ownership stakes in a large array of property, sports, finance, energy and life sciences companies.
He was ranked 39th in the 2023 Sunday Times Rich List, with an estimated worth of more than £5bn ($6.4bn).
He was arrested in July 2023 and charged with sixteen counts of securities fraud and three counts of conspiracy.
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