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Joe Lewis, the founder of the company which owns Premier League club Tottenham Hotspur, has avoided prison for insider trading and conspiracy but must pay a $5million fine and serve three years’ probation, a Manhattan court judge has ruled. The 87-year-old British billionaire pleaded guilty in January after being indicted in the United States last July for “orchestrating a brazen insider trading scheme”. This, according to U.S. officials, involved the passing of information to “romantic partners and his private pilots.” U.S. sentencing guidelines had called for Lewis to serve 18.

United kingdomUnited statesJessicagl clarkeJoe lewisBryan marty waughJoseph lewisMark herrPatrick oconnorTottenham hotspur football clubPremier leagueTottenham hotspurJudge jessicaPatricko connor