British billionaire Joe Lewis would be sufficiently punished with less than a year and a half in prison for passing secret corporate information to his private pilots and girlfriend, US prosecutors told a federal judge ahead of the 87-year-old’s sentencing later this week.
Lewis pleaded guilty in January to three counts of securities fraud, six months after the Tavistock Group founder was charged with giving tips about four publicly traded companies between 2019 and 2021.
