British billionaire Joe Lewis charged in U.S. over 'brazen insider trading scheme'

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British billionaire Joe Lewis charged in U.S. over 'brazen insider trading scheme'
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Joe Lewis, a British billionaire and owner of the Tottenham Hotspur soccer team, has been charged in the U.S. over his alleged involvement with insider trading.

The Southern District of New York indicted Lewis over a yearslong scheme in which he allegedly abused his access to corporate boardrooms"and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends,” U.S. Attorney Damian Williams said in a“Joe Lewis is a wealthy man, but as we allege, he used insider information as a way to compensate his employees or to shower gifts on his friends and lovers," Williams said.

following a treaty signed in 2003 that bolsters each country's ability to extradite those deemed serious offenders who are wanted for a variety of crimes.On Wednesday, Tottenham is scheduled to play in Singapore, which also has an extradition treaty with the United States. It was not immediately clear if Lewis was traveling with the team. NBC News has reached out to Tottenham for comment.Zoë Richards is the evening politics reporter for NBC News.

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