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What is Tottenham Hotspur billionaire Joe Lewis accused of?

Joe Lewis has been accused of 16 counts of securities fraud in the US. We examine the allegations through the companies he invested in

Spurs billionaire pleads not guilty to securities fraud

US prosecutors have published their indictment of Joe Lewis, the British billionaire whose family owns Tottenham Hotspur FC, who they accuse of orchestrating a “brazen” insider trading scheme to enrich his friends, lovers and private jet pilots.

The 86-year-old resident of the Bahamas pleaded not guilty on Wednesday to 16 counts of securities fraud – which can carry a sentence of up to 20 years – and three counts of conspiracy to commit securities fraud.

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