Martin Armstrong had been in jail for more than six years waiting for his day in court on a 1999 civil contempt charge, for allegedly not turning over some $14 million in gold bars he said he didn’t have. That day finally came last week, and, in the end, Armstrong pleaded guilty to securities fraud that resulted in a loss of more than $700 million in clients’ commodities fund. “I think the government just wore Marty out,” attorney Thomas Sjoblom of law firm Proskauer Rose, who represented the adviser, said in a New York Times interview. Armstrong could be sentenced up to five years in prison and a minimum fine of $250,000, but he’ll have to wait until his sentencing Jan. 3 to learn whether he will be credited with time served. Armstrong’s lawyer said his client should have been released after 18 months for the contempt charge.