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Martha Stewart Indicted on Criminal Charges
By KENNETH N. GILPIN, Published: June 4, 2003
Martha Stewart, the home-decorating mogul who to many became synonymous with impeccable taste, was indicted by a federal grand jury today on charges of securities fraud, making false statements and obstruction of justice for her handling of a personal stock trade.
Peter Bacanovic, 41, who at the time was Ms. Stewart's stockbroker at Merrill Lynch, was charged with obstruction of justice and perjury for his role in the affair.
Ms. Stewart's lawyer, Robert Morvillo, said on Tuesday, after being advised that an indictment was forthcoming, that his client intended to fight the charges, and she pleaded not guilty at her arraignment today.
If she is convicted on all criminal counts, Ms. Stewart faces up to 30 years in prison and $2 million in fines.
more: http://www.nytimes.com/2003/06/04/business/04CND-MARTHA.html
By KENNETH N. GILPIN, Published: June 4, 2003
Martha Stewart, the home-decorating mogul who to many became synonymous with impeccable taste, was indicted by a federal grand jury today on charges of securities fraud, making false statements and obstruction of justice for her handling of a personal stock trade.
Peter Bacanovic, 41, who at the time was Ms. Stewart's stockbroker at Merrill Lynch, was charged with obstruction of justice and perjury for his role in the affair.
Ms. Stewart's lawyer, Robert Morvillo, said on Tuesday, after being advised that an indictment was forthcoming, that his client intended to fight the charges, and she pleaded not guilty at her arraignment today.
If she is convicted on all criminal counts, Ms. Stewart faces up to 30 years in prison and $2 million in fines.
more: http://www.nytimes.com/2003/06/04/business/04CND-MARTHA.html
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