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Closing Arguments Begin in Martha Stewart Trial - 2004-03-01

Closing arguments began Monday in Martha Stewart's stock trading trial in New York.

She is the high-profile head of a large media company focusing on decorating and entertaining. She is accused of lying to government investigators about alleged irregularities in the sale of thousands of shares of stock.

Prosecutors summed up witnesses' testimony that they hope will convince the jury that Ms. Stewart is guilty, saying she left "a trail of evidence" of her alleged lies.

Ms. Stewart denies breaking any laws. Her attorneys will get a chance to tell the court why it should find Ms. Stewart not guilty. The jury could begin deliberating the businesswoman's legal fate as early as Wednesday.

Last Friday, the judge said prosecutors failed to prove allegations of stock fraud against Ms. Stewart and he dismissed that charge. A conviction on the fraud charge would have carried the longest potential prison sentence.