Martha Stewart Convicted on All Counts - KAIT Jonesboro, AR - Region 8 News, weather, sports

New York, NY

Martha Stewart Convicted on All Counts

MARCH 5, 2004 - Posted at 3:35 p.m. CDT

 

NEW YORK, NY - Martha Stewart is guilty on all of the charges against her.

The verdict came today from a jury in New York, in the third day of deliberations in her trial.

Her former stockbroker, Peter Bacanovic, was convicted on all but one count.

Stewart was convicted on all but one count of obstructing justice and lying to the government about her sale of ImClone stock.  Prosecutors said she had sold the stock after receiving word that ImClone's founder was dumping his own shares.

They said Stewart and Bacanovic had concocted a cover story to make it appear that they had a pre-existing agreement to sell the stock.

Stewart, who has made a career as the person to turn to for tips on homemaking and gracious living, will almost certainly see jail time.  The charges carry up to 20 years in prison, but under federal sentencing guidelines, Stewart will probably get much less than that.

Sentencing is set for June 17.

(Copyright 2004 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Bridge projects reach important milestone, official says

    Bridge projects reach important milestone, official says

    Thursday, July 19 2018 7:55 PM EDT2018-07-19 23:55:57 GMT
    Thursday, July 19 2018 8:33 PM EDT2018-07-20 00:33:42 GMT
    Rains from a 2017 flood damaged countless roads and bridges in Randolph County. (Source: KAIT-TV)Rains from a 2017 flood damaged countless roads and bridges in Randolph County. (Source: KAIT-TV)
    Rains from a 2017 flood damaged countless roads and bridges in Randolph County. (Source: KAIT-TV)Rains from a 2017 flood damaged countless roads and bridges in Randolph County. (Source: KAIT-TV)

    The residents in Randolph County, as well as the county's budget, have faced difficulties since a May 2017 flood that destroyed countless roads and bridges throughout the county. 

    The residents in Randolph County, as well as the county's budget, have faced difficulties since a May 2017 flood that destroyed countless roads and bridges throughout the county. 

  • Arson dog receives training with area department

    Arson dog receives training with area department

    Thursday, July 19 2018 7:28 PM EDT2018-07-19 23:28:22 GMT
    Thursday, July 19 2018 8:27 PM EDT2018-07-20 00:27:28 GMT
    A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. (Source: Trumann Fire Department Facebook Page)A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. (Source: Trumann Fire Department Facebook Page)
    A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. (Source: Trumann Fire Department Facebook Page)A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. (Source: Trumann Fire Department Facebook Page)

    A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. 

    A German Shepherd named Pierce was at work Thursday morning, helping an area fire department with training in a real fire setting. 

  • breaking

    2 officers shot, suspect in custody after standoff in Poplar Bluff, MO

    2 officers shot, suspect in custody after standoff in Poplar Bluff, MO

    Thursday, July 19 2018 8:25 PM EDT2018-07-20 00:25:59 GMT
    James Odell Johnson Jr. was arrested after police say he shot 2 officers (Source: Poplar Bluff Police Department)James Odell Johnson Jr. was arrested after police say he shot 2 officers (Source: Poplar Bluff Police Department)

    What started as a warrant arrest turned into a shooting where an officer was injured on Thursday, July 19 in Poplar Bluff, Missouri.

    What started as a warrant arrest turned into a shooting where an officer was injured on Thursday, July 19 in Poplar Bluff, Missouri.

Powered by Frankly