UK billionaire Joe Lewis pleaded guilty to conspiracy and two counts of securities fraud as part of a deal with prosecutors.
UK billionaire Joe Lewis, whose family trust owns Tottenham Hotspur football club, has pleaded guilty to insider trading in a US court.
The 86-year-old was accused of passing on information about his companies to his private pilots, friends, personal assistants and romantic partners.
US authorities say the fraud netted millions of dollars in profit.
Mr. Lewis pleaded guilty to conspiracy and two counts of securities fraud as part of a deal with prosecutors.
He will be sentenced in March.
He was arrested in July 2023 and charged with sixteen counts of securities fraud and three counts of conspiracy.
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