The kitchen queen and TV icon Martha Stewart was sent to jail in 2004. She had been found guilty and charged with many financial crimes and ultimately she was locked up at Alderson Federal Prison Camp in West Virginia for five months.
Not only this, but after release from the prison in March 2005, she had to face house arrest for five more months in Bedford.
Besides this entire story, the question is why did Martha Stewart go to jail?
It is the generic story everyone knows, but what were the reasons behind this happening. Why did Martha send down to the prison and then house arrest?
The ultimate ending of Martha Stewart’s prison story was not similar to other celebrities, who had been charged and convicted of criminal events.
She has an amazing comeback with all her glow and her repute was hurt barely.
Why Did Martha Stewart Go to Jail?
A featuring personality appears in the “DIY crafts” and “oh-so-delicious Recipes” TV shows that are known by her name, Martha Stewart.
She has been a part of kitchens for a long time and she has won the hearts of the majority that is why nobody believes she could do something that ends up sending her to jail.
However, in December 2001, she has been in a scandal of “insider trading” that eventually made her be in jail.
People often get amazed thinking about why all this happened with her, but the main story left unboxed because she was not in the jail for insider trading scandal. So, why did Martha Stewart go to jail?
In 2001, ImClone a biopharmaceutical company caught into some hot spot that never got approval from FDA for trying a new experimental drug.
Dr. Samuel Waksal asked friends and family to sell their stock in the company as it can put up an edge for them once the whole public gets to know about it.
Knowing that Martha sold her 4,000 shares in ImClone stock right before a day when the FDA rejected the new drug.
And she saved $45,000, but unfortunately, she had to be a part of investigations by the US government.
Trial And Conviction
Apart from that Stewart was held guilty for security frauds, the stumbling block of justice, and conspiracy. In 2004, her case went on trial.
Moreover, she was never sent down for financial crimes as she paid $195,000 in another civil case.
She was mainly convicted of conspiracy, justice barrier, and for being counterfeit while investigations.
She claimed that she had an agreement with her stockbroker to sell shares if they dropped less than a specific amount.
She had to face five months in prison, five months under house arrest, and two years probation.
Martha Stewart found to be planned with her broker Peter Bacanovic putting barriers in the way of justice and making wrong statements in the ImClone insider trading investigation.
Martha Stewart was found to get in the way of SEC investigations of her stock sale as she provided disingenuous information and tried to interfere with a phone message from Peter Bacanovic.
Martha Stewart was also found to be guilty of lying to the Securities and Exchange Commission, the FBI, and federal prosecutors when she said that she has preplanned settings with her broker to sell her stock when it goes less than $60 per share.
Martha Stewart kept saying that she was innocent; however, she was locked up to the minimum security Alderson Federal Prison Camp in October 2004.
Prison Sentence And Release
Though it was not a little thing, Stewart was sentenced to have a short stay in prison.
She lived in the prison just like a normal person, trying to keep up the relations between the prisoners and the authorities at the prison.
At the end of March 2005, she completed her five months sentence in the prison.
Right after her release, she got back into her routine of hosting TV shows and she wrote two books based on her release.
Martha never suffered from her confinement and in reality; she revived once she finally get back.
Now, when we look back to Martha’s life, no one can say she is the same person who lived a life with sentenced periods.
Today, Stewart appears to be an incredible entrepreneur and businessperson.
She has collaborated with several stores including Wal-Mart and Macy’s, a home-building venture and persistent success of her books and TV shows.
Do You Know What Martha Had Christmas Updates From Prison?
Now, as you know exactly why did Martha Stewart go to jail, she continuously kept posting and behaving nicely while staying in the jail.
In December 2004, Stewart posted about the quality of time she spent in the prison. Her fans eagerly wait for updates about the conditions she has been going through.
She happily posted that she was doing fine in prison. She also wrote, “I look forward to being home,” to getting back to my valuable work, to creating, cooking, and making television.
I have had time to think, time to write, time to exercise, time to not eat the bad food, and time to walk and contemplate the future.”
She further added that her official job in the prison had been cleaning.
However, just like other inmates she would rather be doing all of this in her home, and not here – away from family and friends.
Via CNN, people then noticed that the celebrity homemaker had set for Thanksgiving dinner with a convicted cocaine dealer.
Do You Know That Martha Stewart Also Did Some Cooking In The Prison?
Yes, she spent an entirely nice time in the prison with other people. Martha may have refused an opportunity to take on kitchen duties as a regular job role, in any case, gets to spend some of her time in prison while cooking.
It was a whole lot of journey for Martha from being guilty and sentenced to 5 months in prison, 5 months under house arrest, and two years of probation.
Luckily, she managed to get back her reputation and fame once she was released from prison. Her fans ultimately get a chance to see her once again.
