_87-year-old-british-billionaire-joe-lewis-avoids-prison-for-insider-trading-charges.jpg "87-Year-Old British Billionaire Joe Lewis Avoids Prison for Insider Trading Charges from full show judge rakesh Video Screenshot Preview")
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⏲ Duration: 0:37
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✓ Published: 06-Apr-2024
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✓ Published: 06-Apr-2024
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Billionaire British investor Joe Lewis, 87, dodged prison time for insider trading charges in Manhattan federal court. Lewis admitted to giving tips to his ex-girlfriend and pilots that they used to make over $500,000 in illegal profits. Prosecutors said Lewis' advanced age and health issues, including tremors and needing eye surgery, put him at risk in prison. The judge agreed incarceration could seriously endanger Lewis' health and life due to his frailty at age 87.
Billionaire British investor Joe Lewis, 87, dodged prison time for insider trading charges in Manhattan federal court. Lewis admitted to giving tips to his ex-girlfriend and pilots that they used to make over $500,000 in illegal profits. Prosecutors said Lewis' advanced age and health issues, including tremors and needing eye surgery, put him at risk in prison. The judge agreed incarceration could seriously endanger Lewis' health and life due to his frailty at age 87.
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