Wealthy entrepreneur Joe Lewis confesses to insider trading

Billionaire Joe Lewis from the UK, who is the owner of Tottenham Hotspur football club through his family trust, has admitted to participating in insider trading according to a US court. The 86-year-old was alleged to have shared confidential information about companies he had investments in with his private pilots, friends, personal assistants, and girlfriends. The US authorities claim that this fraudulent activity resulted in millions of dollars in profits. Lewis has now pleaded guilty to charges of conspiracy and securities fraud, and his sentencing is scheduled for March. This story is still developing, so stay tuned for any updates.