Federal authorities in New York charged British billionaire Joe Lewis with insider trading for allegedly sharing corporate information with people close to him.
July 26 Federal authorities in New York charged British billionaire Joe Lewis with insider trading for allegedly sharing corporate information with people close to him.
U.S. Attorney Damian Williams, announced Tuesday that the Southern District of New York had indicted Lewis for «orchestrating a brazen insider-trading scheme» that saw people he shared information with net millions of dollars.
«We allege that for years, Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends,» said Williams.
