Jacob the Jeweler Sentenced To Jail
Filed under: Jewelry
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.
