Martha Stewart, the celebrity homemaker who made a fortune from her own cooking and home decorating ideas, today was sentenced to five months in prison and two years probation for lying to Federal investigators.

U.S. District Judge Miriam Goldman Cedarbaum also ordered Stewart serve five months of house arrest and pay a $30,000 fine. Stewart is appealing the verdict and does not have to surrender until an appeal is decided, according to news reports.

Stewart was found guilty in March of conspiracy and making false statements stemming from her sale of stock in biotech firm ImClone Systems in December 2001. She’s been stripped of her position as chairman of Martha Stewart Living Omnimedia, a company she founded and took public five years ago.

During house arrest, Stewart will be able to stay at her posh home in Bedford, N.Y. During that time, she must wear an electronic monitoring bracelet and remain in the house at all times except for employment activities, religious observances and medical appointments. For at least one day per week, she will not be permitted to leave under any circumstances.


Send tips or a Letter to the Editor to or call (510) 658-9252, ext. 133.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription