By Brandon Drenon
BBC News, Washington DC
Tottenham Hotspur owner Joe Lewis has been charged with "orchestrating a brazen insider trader scheme", US attorney Damian Williams has said.
Mr Williams used a video announcement to accuse the British billionaire of using inside information to "shower gifts on his friends and lovers".
Mr Lewis "has been indicted and will face justice" in the Southern District of New York (SDNY), Mr Williams said.
BBC News has approached Tottenham Hotspur and Mr Lewis for comment.
In the video statement, posted on Twitter, Mr Williams set out a series of allegations against Mr Lewis.