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When Celebrities Do Time: Corporate Criminals After Jail

06/19/2009

From Martha Stewart to Bernie Madoff, many celebrities and hot shots have fallen from the pedestal and into a cell. CNNMoney lists several, citing where they are now.

Martha Stewart – Served five months for obstruction of justice and conspiracy; let go from her position as CEO at Martha Stewart Living; remains successful as integral part of Martha Stewart Omnimedia.

Andrew Fastow – Sentenced to six years on conviction of conspiracy to commit securities fraud; he is still serving, though his sentence was reduced from 10 years to six for testifying against Enron buddies Ken Lay and Jeff Skilling.

Sam Waksal – convicted of insider trading and sentenced to seven years; released in February of this year; his downfall led to the conviction of Martha Stewart

To about more corporate convicts, click on the source article.

Source:

CNNMoney: Corporate Convicts


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