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BBCNEWS Verified Live June 4, 2024 15:36:00

Through what we heard from those prosecutors through what we heard from those rosecutors. ~ , ,, ., , prosecutors. mr lewis faces serious criminal charges prosecutors. mr lewis faces serious criminal charges in prosecutors. mr lewis faces serious criminal charges in the prosecutors. mr lewis faces serious criminal charges in the united - criminal charges in the united states, they were brought by us attorney damian williams in the southern district of new york and he is going to appear in a courtroom in the building behind me where charges are going to be read out against him. in total, 16 charges of security fraud, three of conspiracy, the most serious of those charges carry a maximum prison sentence of up carry a maximum prison sentence of up to 25 years. so for the 86 year old, this is really a battle for his life. he has voluntarily come here on his own reconnaissance, his lawyer says, and he intends to fight the charges. in his lawyer says, and he intends to fight the charg ....

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BBCNEWS Verified Live June 4, 2024 15:37:00

Lewis, through his company, was able to gain a lot of information. he held the positions on the seeds of company boards and he himself did not hold those positions, he had employees who did. if he himself did not hold those positions. that he shared stock tips to romantic partners, family, and some of his pilots are facing charges. giving an example in the type of charges we are talking about, he had investments in a bio company and he knew the results of a clinical trial that had not been made company and he strongly advised these two pilots to buy stock in that company. he even lent them money to do so. they held onto the stock. when those clinical trials results were made public, the stock rose sharply and those two men made a lot of money. there is a bit kind of aggregations ....

Billionairejoe Lewis , Company Boards , Ations Fight The Charges , Stock Tips , Bio Company , Clinical Trial ,