**Tottenham Owner Joe Lewis Avoids Prison for Insider Trading** Billionaire Joe Lewis, the founder and owner of the company that controls Premier League club Tottenham Hotspur, escaped prison time on Thursday for insider trading and conspiracy charges. Lewis, whose family trust owns Tottenham Hotspur, was fined £5 million ($5.4 million) as part of a plea deal with prosecutors. He pleaded guilty to the charges in Manhattan federal court. According to the U.S. Securities and Exchange Commission (SEC), Lewis made $11 million in illicit profits by using inside information to buy and sell shares of a publicly traded company called TravelCenters of America. Despite pleading guilty, Lewis will avoid prison due to his cooperation with investigators and his lack of prior criminal record. However, he is required to pay the hefty fine and serve a probationary period. The case against Lewis highlights the ongoing efforts by authorities to crack down on insider trading, which undermines the integrity of financial markets. It also raises questions about the ethical conduct of wealthy individuals and their involvement in professional sports. Tottenham Hotspur, one of the most popular soccer clubs in England, is currently competing in the UEFA Champions League and the Premier League. Lewis's conviction may tarnish the club's reputation and cast a shadow over its future success.
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