Yuki Iwamura/AP
- Tottenham Hotspur ownerJoe Lewis admitted to insider trading at a Manhattan plea hearing.
- Lewis, a billionaire, pleaded guilty Wednesday to three counts of securities fraud.
- He told the court he knew what he was doing was wrong as was embarrassed, according to Bloomberg.
Billionaire Joe Lewis, who owns the Tottenham Hotspur English soccer team, pleaded guilty Wednesday to securities fraud in federal court in Manhattan.
Prosecutors said Lewis tipped off his acquaintances — like pilots, assistants, and romantic partners — with inside information from publicly traded companies where he was a large investor.