A former “tech” millionaire busted in a gun-running ring with a New York City cop two weeks ago was slapped with new criminal charges on
Friday. The Special Narcotics Prosecutor said she was pushing painkillers like Oxycontin on Craig’s List, to help pay her bills.
38 year old Jennifer Sultan was dressed like a young schoolgirl, her hair braided on one side and clipped into a ponytail on the other. She smirked for the cameras, as she was led into court wearing a pink cotton blouse and grey sweater. “Not guilty,” she told Judge Larry Stephen.
But Assistant District Attorney, Ryan Sakacs, said an undercover cop discovered Sultan’s activities on the Craig’s List website, back in February. The detective said he saw an ad for “Pain Relief and Study Aid”. According to the prosecutor, “On five, separate occasions, she sold powerful prescription painkillers. 183 Oxycodone tablets in exchange for $4400.”
Oxycodone is one of the most addictive narcotics selling on the “black market” now, an opiate-based painkiller that’s become an epidemic among the middle-class. A bottle of 120 pills in the pharmacy may go for $200….but on the street, that same bottle is worth $2400. Pills in New York City sell for $20 a pop; in places like Medford, Massachusetts—where they’re in short supply—they can fetch $80 a pill. Pharmacists and customers have been killed in drug store robberies, by criminals seeking the pills.
Investigators believe Jennifer Sultan, who graduated summa cum laude from NYU film school in 1996, started dealing, because she wanted to maintain her lavish lifestyle, after a financial downturn.
Sultan and her boyfriend sold an Internet company more than ten years ago. One report said the deal was worth $70 million dollars. On Friday, Sultan’s defense attorney, Frank Rothman, said, “She was not an equal partner in the business,” and pointed out she is now bankrupt, unable to make $45,000 cash bail to get off Rikers Island.
Sultan and her boyfriend are owners of a six million dollar, ten room penthouse in the Flatiron District. Their real estate taxes were said to be $84,000 a year. That’s reportedly one reason why
Sultan turned to illicit activities to pay her bills. Her lawyer would only say, “When you make a lot of money, you spend a lot of money. You get used to a certain lifestyle. She was in over her head.”
Sultan was indicted just two weeks ago, charged with offering to sell guns to a Queens drug dealer. In one instance, the indictment said Sultan texted the drug dealer and offered him a “357 mag for 850”---meaning a .357 magnum for $850. Sultan has been held on Rikers Island, ever since she was busted July 12th.
Her lawyer said Sultan plans to write a book about her downfall: “In terms of how you go from NYU film school, 3.9 honors, to being in a jail cell on Rikers Island.”
Sultan may have given a hint about her secret activities on her Facebook page. Listed among her favorite TV shows is “Weeds”—a series about a mom who sells marijuana from her house.