Tottenham owner Joe Lewis, 86, pleads NOT GUILTY to insider trading charges and posts staggering £230m bond

TOTTENHAM billionaire Joe Lewis has pled not guilty to charges of insider training.

The 86-year-old, whose family trust controls a majority of Spurs, surrendered to the US authorities in Manhattan and appeared in court on Wednesday.

Joe Lewis leaving court in Manhattan on WednesdayReuters

Reuters

He entered his plea before U.S. Magistrate Judge Valerie Figueredo in Manhattan federal court.

Prosecutor Nicolas Roos says Lewis would be released on $300 million bond secured by his yacht, named the Aviva, and private aircraft.

Two of Lewis’ pilots, Patrick O’Connor and Bryan Waugh, also pleaded not guilty to related insider trading charges, after being accused of making millions of dollars in illegal profit from Lewis’ tips. Their bail was set at $250,000 each.

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