‘Jacob The Jeweler’ Has A Date With The Jailer

June 25th, 2008

The hip-hop hookup will spend the next 30 months in federal prison
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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.

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Comments

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LadyWallace Said on

it just seems to me the government is low on finances so their going after the black entertainers and anyone associated with i don’t belive it’s reall about jail time as much as it is the heavy fines/court costs you pay once they’ve convicted you why not go after the some of these high paid politicians that don’t pay taxes something to think about but it’s only my opinion



ANGELA Said on

Very well said LadyWallace right about now you have the gov’t. trying to get money from all kinds of sources.



Nicole Said on

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