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Business Brokerage A judge in New York has sentenced Martha Stewart to five months in prison for lying about a stock transaction.Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our business poll too!

Renowned as the architect for the company's turnaround after Martha Stewart's prison term, Ms.

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Convicts do remain the only group denied the right to vote. A few months later, the price of indiscretion proved it could catch up with the rich and famous. Martha Stewart, one of history's most successful businesswomen, would serve five months in prison, two years' probation, five months' home confinement, and pay the maximum fine of $30, 000. Other than confinement, how will Stewart's life change now that she' made, named empire, Martha Stewart Living Omnimedia, Inc. About 200 of her employees have lost their jobs. She has become the butt of water cooler and media jokes debating how the lifestyle diva will decorate her prison cell.

Online Brokerage July 16, 2004 (AXcess News) New York - A judge in New York has sentenced Martha Stewart to five months in prison for lying about a stock transaction.Stewart is the entrepreneur who built a small catering operation into a business empire of lifestyle magazines, television programs and other products.

Stewart was accused of trying to conceal her actions when her broker unlawfully relayed information that another client was furiously selling his ImClone shares. This client, Sam Waksal, (president, CEO, and director of Imclone) also happened to be a friend of Martha Stewart. The federal judge who heard the case dropped a securities fraud charge against Stewart.

Real Estate Broker The judge also ordered Ms. Stewart to spend an additional five months in home confinement and pay a $30,000 fine.

Martha Stewart Living Magazine $ 25. 2738 Martha Stewart Living Magazine was created by the famous television hostess who has become the popular advisor on all things for the home and garden. Each issue of Martha Stewart Living Magazine allows you to celebrate the simple things of everyday life, such as gardening, entertaining, renovating, cooking, and decorating.

Agency Brokerage Spark Stewart called this a "shameful day" and called the case a "personal matter" that had been blown out of proportion. She vowed to appeal.The court rejected Stewart's plea to do community service instead of a prison term.

New, from the publishers of Martha Stewart Living , Martha Stewart Weddings , and Everyday Food , Body + Soul magazine is about taking care of spirit and health.

Business Broker The price of the stock in her company rose after the sentence was announced.

Brokerage Account Stewart is a former model and stock broker who won awards as a television host.AdvertisementSource: Voice of America

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