According to CNN, in 2001, Martha Stewart had a popular TV show and a lifestyle magazine. In 2002, she came under investigation by the Justice Department and the SEC for her sale of shares of ImClone Systems right before the price of ImClone decreased.
Stewart was indicted on nine charges and found guilty and was sentenced to five months in prison, five months home confinement, and two years' probation. After she was released from prison, her talk show "Martha," and "The Apprentice: Martha Stewart" began.
In 2006, Fortune named her one of the 50 most powerful women in business.