Why was Martha Stewart arrested?

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  • 1 decade ago
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    Martha Stewart was convicted of conspiracy and obstruction of justice in a notorious insider stock trading case in 2004. She was a former stockbroker herself. In June of 2002 she became tangled in an insider trading scandal unrelated to her own company: she sold her shares of stock in the drug company ImClone one day before an FDA decision caused the stock to drop, and after she had been given insider information by broker Peter Bacanovic. The next year, on 4 June 2003, Stewart pleaded innocent to federal charges including obstruction of justice, conspiracy and making false statements. Her trial was held early in 2004, and on March 5th of that year she was found guilty of all charges in the case. She spent five months in a West Virginia prison and was released to house arrest in March of 2005.

  • melesa
    Lv 4
    4 years ago

    Martha Stewart Arrested

  • 5 years ago

    1

    Source(s): Criminal Records Search Database : http://criminalrecords.raiwi.com/?RQXd
  • Anonymous
    6 years ago

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    Why was Martha Stewart arrested?

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  • Anonymous
    6 years ago

    Insider trading

  • 1 decade ago

    For insider trading. Nothing worse than what others do, but they wanted to make an example of her for some reason.

  • 4 years ago

    Never thought too much about this

  • 5 years ago

    because here macaroni tasted bad

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