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‘Jacob The Jeweler’ Has A Date With The Jailer
June 25th, 2008The hip-hop hookup will spend the next 30 months in federal prison
Call him the “king of bling” or the “hip-hop hookup,” but for the next 2½ years, Jacob Arabov will be known as a federal prisoner after pleading guilty Tuesday to lying to prosecutors probing a multi-state drug ring. The 43-year-old Russian immigrant must also cough up $50,000 in fines and kick down the government to the tune of $2 million in forfeiture payment. “I feel ashamed that I broke the laws of this country, a country that has been so good for me,” Arabov said. “I will carry this shame for the rest of my life.” It could have been much worst for Abrabov, who authorities accused of conspiring to launder an estimated $270 million in profits for Detroit’s “Black Mafia Family” drug ring during the 1990s. At the recommendation of prosecutors, U.S. District Judge Avern Cohn imposed a minimum sentence of three years and one month. He lopped off another seven months from that, noting the defendant’s longtime charity work. He was arrested two years ago at his New York City jewelry store, which was frequented by many of the biggest names in the music industry.
He got in trouble cause he lied so hes telling the truth so he doesn’t have to pay the goverment more money than 50,000 if i’m understanding this right… ummm BUT YA’LL CHECK OUT THIS YOUTUBE VIDEO !!!
http://www.youtube.com/watch?v=cwtyLHcrfu0
HIT ME UP!!
WELCOME TO AMERICA!!!
Well well well, I knew he was going to get into some trouble one day. Like one post says – “Welcome to America” this dude knew what he was doing – he’s just ashame now because his ass got caught. He’s been shadey since 1990 – come on now. He doesn’t give a damn about this country – only how much money he can profit from it.
ddd
This guy has been doing shadey business transaction since 1990 – oh he sorry and ashame alright – sorry and ashamed he got caught. Do your time bra’
Jacob,
Who did you forget to Pay?
I guess he will do some bling-bling on his Wing.
Yeah, he forgot to pay somebody! It’s crazy how the gov’t work wit these fines n court fees. Where does this extra cash go? U always here about but all these cities n states claiming broke while the people who claim to work for the state still complain about they own pay n no raises.
he’s rich, so he’ll be comfortable, he’ll be out in no time probably on good behavior & may make more sells cause now he has a rap sheet. At the end of the day, he’ll be fine.
You do the crime, you get caught, you do the time.
Greed is a terrible thing.
he’ll be all right. go to jail he’ll come out bigger and better.the gov is all ways in somebody life.They need to feed all these children who go to bed with no food to eat.just a through.
Lyn, why aren’t you blaming someone for Jacob’s actions? Oh yeah, it’s b/c he’s not black.
Any body with some common sense could see that Mr jacob brought this on his self. But you my dear brenda have none, or else you would not have made the comment.
LIKE BAILEY STATED EARLIER HE WILL BE FINE. HE’S LUCKY HE DIDN’T GET MORE TIME THAN THAT.I’M WILLING TO BET YOU IF HE WOULD HAVE BEEN BLACK THE SENTENCE WOULD HAVE BEEN MUCH HEAVIER.BUT LIKE SOMEONE STATED EARLIER THEY NEED TO BE WORRIED ABOUT FEEDING STARVING CHILDREN AND HELPING HOMELESS PEOPLE AND TRYING TO GET THOSE FEMA CHECKS OUT TO THE VICTIMS OF HURRICANE KATRINA. LIKE SOMEONE STATED EARLIER HE FORGOT TO PAY SOMEBODY OR SOMEONE IN THE CONGRESS GOT MAD BECAUSE THEY DIDN’T GET A PIECE OF THE PIE. LOOK AT THE CONGRESS MAN WHO WANTED TO SEE THE RECORDS OF EDDIE LONG , DOLLAR AND SEVERAL OTHER BIG TIME PREACHERS THEY WERE JUST HATING. I MEAN IF THEY WERE DOING IT BECAUSE THEY WERE REALLY CONCERNED ABOUT THEM PAYING THEIR TAXES IT WOULD BE A DIFFERENT STORY. THEY JUST WANTED TO SEE THOSE RECORDS BECAUSE THEY ARE MAD BECAUSE THEIR NOT GETTING THEIR CUT OUT OF THE DEAL. U SEE YOU HADN’T HEARD ANYTHING ELSE IN NEWS ABOUT THESE RECORDS. I’M SURE LONG AND DOLLAR AND THOSE OTHER PASTORS PAID UP AND ALL THOSE QUESTIONS FROM THE CONGRESSMEN DISAPPEARED OR GOT PUT ON THE BACK BURNER. I GUESS JACOB DIDN’T PLAY ALONG AND THEY HAD TO TEACH HIM A LITTLE LESSON. I BET WHEN HE GETS OUT HE’LL PAY THE RIGHT PEOPLE THE NEXT TIME.
Not money – but the love of money is the root to all evil – peaople check your priorities – this man was knowingly doing something illegal – he got caught – end of story.No Black and White issue here.
Seems to me Jacob Avabov got a pat on the back, or shall I say, CRIME DOES PAY!!!
Seems to me Jacob Avabov got a pat on the back, or
shall I say, CRIME DOES PAY!!!
I honestly don’t think that he feels sorry about the crime he committed because he obviously is a smart man… he knew EXACTLY what he was doing for all those years!!! He is just mad that he finally got caught!!!!
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I am a Jewelry Appraiser in New York not very far from Mr ‘Bling’s’ store. My name is Deborah Villepigue and have been appraising for 25 years now. I have appraised over 100 items form his store and I will tell you that it is some of the finest jewelry I have ever appraised. The workmanship is OUTRAGEOUS! If anyone needs any advise anything regarding in the jewelry world please give a shout out. It would be my pleasure to help folks out and send them in the RIGHT direction.
Good luck and Good BUYING. Please feel free to check out my website at
you can find me by doing a search on my name. I am here for you!