Martha gets five months
Lifestyle diva also gets fined $30,000 and two years of supervised probation.
July 16, 2004: 10:38 AM EDT
NEW YORK (CNN/Money) - Martha Stewart was sentenced to five months in prison and fined $30,000 Friday for lying to investigators about her sale of ImClone Systems stock in late 2001.
Federal Judge Miriam Cedarbaum also ordered that Stewart get five months of home confinement and two years of supervised probation after she is released .
But Stewart will not be heading to prison immediately since the judge issued a stay delaying the sentence while Stewart's lawyers file an expected appeal.
"Today is a painful day for me," Stewart told the court before the judge announced the sentence.
Wearing a black pant suit and escorted by her son-in-law, the lifestyle diva had arrived at the federal courthouse in New York around 9:15 a.m. ET.
Stewart and former Merrill Lynch broker Peter Bacanovic were convicted March 5 of obstructing justice, conspiracy and making false statements related to Stewart's suspicious sale of ImClone Systems stock in late 2001.
Legal experts were split before the sentencing on how hard Cedarbaum would come down, but most agreed that the sentence will call for some jail time.
http://money.cnn.com/2004/07/16/news/newsmakers/martha_sentencing/index.htm?cnn=yes
