“Bad news for Jacob Arabov. The man, better known as “Jacob the Jeweler” and namechecked in stars by hip-hop stars like Missy Elliot for his expensive and gaudy creations has just been sentenced to 30 months in prison. Arabov has been sentenced to 30 months in prison, and will have to pay a fine of $2 million in a sentence handed down today by U.S. district court judge Avern Cohn in Detroit. Arabov was arrested on June 15, 2006 on money laundering charges involving more than $270 million in narcotics earnings for a Detroit-based drug ring.”
This is from luxist.com. Washing a 1/4 billion sounds sick. Seems like there is probably more going on here, but I am not trying to guess.
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June 25th, 2008 at 11:47 pm
Haha… So maybe the diamonds weren’t just meant to make hip hop flashy. Awesome catch.
June 26th, 2008 at 9:20 pm
I think ya boy was running a little bit more game to take 30 months (unless he is getting out early) or he is protecting someone. $2 mil fine is sick. Either way he is doing more than blinging up pimp cups and wrist…