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Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.

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Donald Trump’s former White House adviser Steve Bannon has been subpoenaed by special counsel Jack Smith as part of a grand jury in his investigation into the January 6 insurrection, says a report. The Washington DC grand jury is separate from the investigation into the former president’s handling of classified documents at his Mar-a-Lago home after he left the White House. The subpoena is for both documents and testimony and was sent out in late May, sources told NBC News. Bannon was convicted in July 2022 on two charges of contempt of Congress for refusing to cooperate with the congressional January 6 committee. In October US District Judge Carl Nichols sentenced Bannon to four months in federal prison, but the sentence was suspended while he appeals his conviction. The former chairman of Breitbart News served in the Trump administration for its first seven months before leaving. Read More Ivanka and Jared split over attending Trump 2024 launch – follow live Why was Donald Trump impeached twice during his first term? Four big lies Trump told during his 2024 presidential announcement

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