Wealth

Inside the Members-Only Tramp Club at the Heart of an Insider-Trading Scandal

  • Walid Choucair ran up $10,000 bills at Tramp private club
  • Club’s oldest rule is ‘What happens in Tramp, stays in Tramp’
TrampPhotographer: Tony Aarons/Bloomberg

“You know Walid?” asks the young receptionist at the discreet entrance on 40 Jermyn Street in London’s high-end Mayfair district.

The answer can determine whether or not you get into Tramp, a private members’ club famous for “50 years of celebrity debauchery” that’s been graced by Frank Sinatra, the Beatles and Rihanna. It has gained fresh notoriety as the epicenter of London’s biggest insider-trading case in years.