From the NY Times:
The prosecutor, who opposed bail for most of the defendants, pointed out to the judge in State Supreme Court in Manhattan why each one might be a risk for flight. When it came to Ms. Sultan, 38, every head in the courtroom swiveled at the main point: she had once been a dot-com millionaire.
The finer details were not mentioned that day: at the high-water mark, she and her boyfriend were co-founders of a small Internet company that sold for $70 million. They rented a summer house in the Hamptons for $400,000. They bought a 6,000-square-foot loft on East 17th Street just off Fifth Avenue.
Now, a little more than a decade later, Ms. Sultan is bankrupt and sitting in a jail cell, unable to pull together $85,000 for bail. If convicted, she faces 15 years to life in prison on charges of selling prescription painkillers to an undercover police officer and of trying to sell a .357 Magnum to the man accused of being the ringleader…
This is a pretty amazing story. She’s going to jail, and her ex-fiance won’t vacate a property that he refuses to pay taxes, condo fees, or mortgage payments on. You want to think it’s sad, but I’m not sure ‘sad’ is the right adjective for this couple. I know people who have known them for a long time, and they can believe that the condo situation is a mess. But they have a really hard time believing that things could ever have gotten this bad.