Tottenham owner indicted in US 

The US authorities have charged the British billionaire and Tottenham Hotspur owner Joe Lewis (86 years) has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, alleged that over several years Mr. Lewis had “abused his access to corporate boardrooms” and given inside information to romantic partners, personal assistants, private pilots, and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing,” he added. Mr. Williams described Mr. Lewis’s alleged behavior as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. For his part, a spokesman for Tottenham said that the case is external and not related to the club, so the club will not issue any statements. Louis owns hundreds of assets worth more than 5 billion pounds sterling and is among the richest businessmen in the world and Britain. He bought Tottenham Hotspur in 2001 from fellow countryman Alan Sugar for about 22 million pounds sterling.