Martha Stewart
Martha Stewart attends the Central Park Conservancy Annual Gala (Photo Credits: Sean Zanni | Patrick McMullan via Getty Images)

Why Did Martha Stewart Go to Jail?

Martha Stewart was a highly successful entrepreneur, a renowned author, and a celebrity homemaker when she was indicted and sentenced to prison in 2004. The charge was related to lying about a stock trade. In December 2001, Stewart allegedly stole her stake at ImClone Systems, which was a biopharmaceutical company. When authorities questioned Stewart and her stockbroker Peter Bacanovic about the sale of…

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