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    <p>Joe Lewis, the billionaire former Premier League football club owner who sold Sam Bankman-Fried more than $76 million worth of property in the Bahamas, is set to plead guilty to 19 fraud charges, reports Financial Times.</p>
    <p>Lewis, who owned London-based Tottenham Hotspur, handed himself in to <a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a> authorities last year after he was charged with a number of offenses including securities fraud, conspiracy, and making false statements.</p>
    <p>The 86-year-old is accused of helping his ex-girlfriend and his personal pilots invest in numerous biotech companies before positive news was announced publicly. Those involved profited over half a million dollars.</p>
    <p>Lewis pleaded not guilty last summer, claiming that the US government’s decision to charge him was “an egregious error in judgement.” He was subsequently released on a $300 million bond — <strong>about $50 million more than FTX founder Sam Bankman-Fried</strong>.</p>
    <h2 class="wp-block-heading" id="h-joe-lewis-and-sbf-linked-by-deltec-owner">Joe Lewis and SBF linked by Deltec owner</h2>
    <p>Lewis, who previo<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>ly ran a chain of restaurants, made waves in the 1990s when he and George Soros shorted the British pound. The currency collapsed in September 1992, making the pair <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a>s of dollars. Lewis also infamo<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>ly purchased nearly 10% of Bear Stearns shares in the lead-up to the 2008 collapse, costing him over a <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> dollars.</p>
    <p>He also founded private investment firm Tavistock Group, the company through which he sold $76 million worth of property to jailed FTX founder Sam Bankman-Fried.</p>
    <p>Bankman-Fried and Lewis are also <strong>connected through Deltec Bank owner <a rel="noopener noreferrer nofollow" title="Jean Chalopin" href="https://thebittimes.com/tag/jean-chalopin.html">Jean Chalopin</a></strong>. Chalopin sold his property named Albany Ho<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>e to Lewis in 2014. Lewis apparently maintains his yearly residence at The Albany.</p>
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       Scoop: Indicted billionaire Joe Lewis sold property to Sam Bankman-Fried
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    <p><em>Read more: FTX ready to sell Bahamas penthouse SBF ‘insisted’ on buying for inner circle</em></p>
    <p>Meanwhile, Chalopin was also the primary banker for FTX and Sam Bankman-Fried and helped to get the DARE Act passed in the Bahamas, <strong>ushering in dozens of crypto companies</strong>.</p>
    <p>In an interview with Henri Arslanian, Chalopin said “I love that Deltec takes credit for [the cryptocurrency industry coming to the Bahamas]… I think there would be no [cryptocurrency industry] in the Bahamas today if it wasn’t for us.”</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/deltec-sbf-linked-billionaire-joe-lewis-set-for-guilty-plea-to-insider-trading-tbt77714.html">https://thebittimes.com/deltec-sbf-linked-billionaire-joe-lewis-set-for-guilty-plea-to-insider-trading-tbt77714.html</a></p>

Deltec, SBF-linked billionaire Joe Lewis set for guilty plea to insider trading

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