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Grounded yacht sinks after being freed from Honolua Bay

The grounded luxury yacht that sat on the shores of Honolua Bay for nearly two weeks has been scuttled, or deliberately sunk, shortly after salvage crews freed it on Sunday.

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The Yacht Was Finally Freed From Honolua Bay — Then It Sunk Off Maui

State officials say they will "aggressively pursue" recouping the nearly $500,000 cost of removing the vessel and any damage to the reef.

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Maui Yacht Owner: 'I Didn't Know What I Was Getting Into'

Jim Jones says he wants to make things right, but former employees and Maui residents say he shouldn't have a boat.

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