Joe Lewis: Jewish Billionaire and Fraudster

Joe Lewis: Jewish Billionaire and Fraudster

Recently President Trump has once again pardoned… you guessed… it a jewish white-collar criminal. This would be inexplicable if it wasn’t a long-established pattern where Trump unilaterally pardons ‘former’ white collar criminals who just so happen to usually be jewish and often have links with his jewish son-in-law Jared Kushner, who – as I have pointed out separately – (1) and then go on to promptly re-offend. (2)

The jew who Trump has suddenly pardoned this time is one Joseph ‘Joe’ Lewis who is a billionaire ‘investor’ from Britain who was charged with engaging in insider trading between 2013 and 2021 and pled guilty in 2024. As a result he was given fined $5 million and given three years probation.

As Jake Lapham explains in his article for the BBC:

‘Billionaire UK businessman Joe Lewis, whose family trust owns Tottenham Hotspur football club, has received a pardon from US President Donald Trump.

Lewis, 88, pleaded guilty to insider trading as part of an agreement with prosecutors in 2024 that saw him avoid prison.

He was accused of passing on information about his companies to his private pilots, friends, personal assistants and romantic partners in a fraud that authorities said netted millions of dollars in profit.

A White House official said Trump approved the pardon for Lewis, who requested it so he could receive medical treatment and visit his grandchildren and great grandchildren in the US.

“Mr Lewis admitted he made a terrible mistake, did not fight extradition in the case, and paid a $5 million fine,” the official told the BBC.

In a statement, Lewis said: “I am pleased all of this is now behind me, and I can enjoy retirement and watch as my family and extended family continue to build our businesses based on the quality and pursuit of excellence that has become our trademark.”

Confirming the pardon to the BBC, a source close to the Lewis family said they were “extremely grateful” for the pardon, and thanked Trump.

Lewis founded the investment firm Tavistock Group, which has ownership stakes in a large array of property, sports, finance, energy and life sciences companies.

He was ranked 39th in the 2023 Sunday Times Rich List, with an estimated worth of more than £5bn ($6.4bn).

He was arrested in July 2023 and charged with sixteen counts of securities fraud and three counts of conspiracy.

Prosecutors had alleged that between 2013 and 2021, he abused his access to corporate board rooms and passed the insider information on to his contacts.

US attorney Damian Williams said those contacts made millions of dollars in “sure thing” bets on the stock market.

In one instance, according to an indictment, Lewis told a girlfriend to invest in a biotech company in July 2019, before the results of a clinical trial by the company were made public.

He then allegedly logged into her bank account himself and used $700,000 to invest into the company, eventually netting a profit of $849,000.

In 2024, Lewis pleaded guilty to conspiracy and two counts of securities fraud as part of a deal with prosecutors. He was later fined $5m and sentenced to three years of probation.

Lewis is best known for his ownership of Tottenham Hotspur football club, which he bought a controlling stake in for £22m in 2001 – a sum then worth around $32m.

In 2022, control was handed over to a family trust, and financial documents the club filed with the UK’s Companies House indicate that Lewis no longer has “significant control” over the club.’ (3)

Edward Helmore writing in ‘The Guardian’ gave rather more detail on what this insider trading and securities fraud involved in 2024:

‘The British billionaire Joe Lewis was spared jail time for his part in a “brazen” insider trading conspiracy on Thursday, and was instead fined $5m and given a three-year probation by a New York judge.

The 87-year-old, who heads the family that owns Tottenham Hotspur, had faced as much as 45 years in prison if convicted at trial. But in a court filing on Monday, prosecutors said Lewis deserved leniency given his age, health issues and the fact that he had voluntarily come to the US to face punishment.

Lewis arrived in court with his family looking frail and wearing an eye patch. Prosecutor Jason Richmond said: “Even billionaires are not above the law,” but he acknowledged mitigating factors, including Lewis’s voluntary return to the US to face charges, and said they were not seeking prison time.

Judge Jessica Clarke said Lewis was “at serious risk” if he was incarcerated due to deteriorating health. Clarke said the offense was “without doubt serious”. “Crimes like insider trading strike at the integrity of our markets,” she added, but Lewis’s circumstances did not warrant incarceration.

The court fined Lewis’s company Broad Bay $44m, bringing the total fine and restitution to $49m.

In a brief statement to the court, Lewis talked about his childhood during the Blitz in in London. “At an early age, I learned how precious life is. I made a terrible mistake. I broke the law. I am ashamed, sorry, and I hold myself accountable. If your honor so desires, I wish to use the time I have left to make amends and rebuild trust.”

Born above a pub in the East End of London, Lewis turned his father’s catering business into a chain of themed restaurants before turning to currency trading. He founded the Tavistock Group, which has stakes in more than 200 companies, including Spurs, biotechnology and agriculture ventures, financial services, luxury hotels, resorts and retail.

He and his family have a net worth of $7.2bn, according to the Bloomberg billionaires index.

Last July, Lewis was hit with 16 counts of securities fraud and three of conspiracy to commit fraud that prosecutors called a “brazen” scheme to enrich his friends, lovers and employees, including two private jet pilots.

The US attorney for the southern district of New York, Damian Williams, said Lewis had “abused his access to corporate boardrooms” to provide confidential information to people who used his tips to make millions of dollars betting on the stock market.

Williams said Lewis had knowingly deployed the tactic “as a way to compensate his employees or to shower gifts on his friends and lovers”.

Under the terms of a $300m bond to secure his release, Lewis agreed to surrender his private yacht Aviva, which he was prohibited from boarding, and his personal plane, which can be used – with prior notification to prosecutors – but only for domestic US travel.

He was further restricted from international travel and will be confined to New York, northern Georgia, where he owns a home, and Florida.

The allegations included a 2019 tip-off to co-defendants Patrick O’Connor and Bryan “Marty” Waugh, both pilots of his private plane, to sell stocks in a troubled Australian beef producer and a tip-off to then-girlfriend Carolyn Carter to purchase shares in a biotech company after he learned of an upcoming private investment and clinical trials.’ (4)

Put another way: Lewis repeatedly committed securities fraud via insider trading to benefit both himself, his lovers, his employees and other people he decided to ‘reward’. This is obviously both highly illegal and completely unethical, but the fact that both the US law court concerned gave him an extremely lenient sentence – allegedly because he ‘is just too old’ (didn’t stop him scamming people out of money though, did it?) – and now Trump has given him a presidential pardon on ‘compassionate grounds’ because this aging jewish fraudster isn’t free to ‘live his life as he wants to’.

If this isn’t yet another example of the extreme privilege jews get just because they are jewish: I don’t know what is!

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References

(1) See my article: https://karlradl14.substack.com/p/jared-kushner-the-trump-administrations

(2) For other examples, see: https://karlradl14.substack.com/p/sholom-rubashkin-donald-trump-and and https://karlradl14.substack.com/p/jonathan-braun-jewish-drug-lord-loan

(3) https://www.bbc.com/news/articles/c740g7429l1o

(4) https://www.theguardian.com/us-news/2024/apr/04/joe-lewis-insider-trading-conspiracy

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Author: Karl
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