UK-based billionaire Joe Lewis, who holds more than 50 percent of the shareholding in Australian pastoral giant, the Australian Agricultural Co, has been charged overnight with multiple instances of insider trading in the United States.
Eighty-six year old Mr Lewis, who heads AA Co’s major shareholder the Tavistock Group, was alleged to have taken part in a scheme by the US Attorney in Manhattan, Damian Williams.
Joe Lewis
In a video statement, Mr Williams said the Southern District of New York had indicted Joe Lewis for “orchestrating a brazen insider trading scheme.”
The 19 counts…
