Martha Stewart Gets 5 Months in Prison

Share this article:
Martha Stewart was sentenced Friday to five months in prison, five months of home confinement and fined $30,000 on four counts of conspiracy and lying to investigators for insider trading of biotech firm ImClone Systems Inc.'s stock in December 2001.


The 62-year-old former chief executive of lifestyle merchandising and publishing company Martha Stewart Living Omnimedia Inc. also gets two years of supervised probation after she is released.


"I'm not afraid," Stewart is reported to have said after the sentencing in New York. "I'll be back."


U.S. District Court Judge Miriam Goldman Cederbaum could have sentenced Stewart to 10 to 16 months in prison. Stewart won a stay to appeal her conviction, extending her freedom for a while longer. If her appeal fails, Stewart will serve time in a women's prison in Danbury, CT, which is near her home.


Share this article:
close

Next Article in Direct Mail

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Direct Mail

Ricoh Strikes a Blow for Multichannel on a Small Scale

Ricoh Strikes a Blow for Multichannel on a ...

The company introduces a creative service to help print shops augment direct mail with email and pURL landing pages.

Delivered: Insurance Mailers

Delivered: Insurance Mailers

What's in our mailbox this month: Insurance mailers. See which ones cover all their bases—and which ones, not so much.

Marketing Challenge: Defending Direct

Marketing Challenge: Defending Direct

The new CEO wants to cut direct mail because of postal increases—even though DM is great for ROI. What would you do? Email your answers to ginger.conlon@dmnews.com by June 30 ...