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November 12, 2025executive ordercriminal justiceexecutive powerfinancial regulationexecutive powerpardonsfinancial crime

Trump Pardons Joseph Lewis for Securities Fraud Conviction in Southern District of New York

Trump pardoned Joseph Lewis on November 12, 2025, a British billionaire who owned Tottenham Hotspur soccer club and pleaded guilty to securities fraud for trading on inside information obtained from company boards and sharing tips with his yacht companions. Lewis received three years' probation, a $5 million fine, and $400,000 restitution in his April 2024 sentencing. The pardon erased a securities fraud conviction for one of the wealthiest individuals to receive clemency from Trump.