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Martha Stewart Sentenced to 5 Months in Prison - 2004-07-16


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.

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

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.

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

Stewart is a former model and stock broker who won awards as a television host.

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