Martha Stewart did jail time for insider trading. Turns out the SEC isn't messing around, and they don't hand out community service, probation and fines for this stuff.
Ahhhh, solid reference. At first I thought you were saying insider trading was a good thing and I was thoroughly confused.
Martha has been off of people's radars for a while now. I may need new material.
That's a common misconception. She did not do jail time for insider trading. She almost certainly would have gotten away with it. The problem is she lied to a federal agent while trying to hide her inside trading. That's what they charged and convicted her with.