US prosecutors say Lewis, whose family owns Tottenham Hotspur FC, is responsible for ‘brazen’ insider trading

Lawyers for the British billionaire Joe Lewis have accused US prosecutors of making an “egregious” mistake, after the 86-year-old was charged with multiple counts of securities fraud and conspiracy.

Lewis, who heads the family that owns Tottenham Hotspur Football Club, was charged on Tuesday with orchestrating a “brazen” insider trading scheme to enrich his friends, lovers and employees, including two private jet pilots.

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