jacob the jeweler

Wylcef Jean Sued For Jewelry Debt

Filed under: Jewelry, Celebrity Shopping

Jacob the Jeweler, who was sentenced to jail last month for money laundering, seems to have no problem heading back to court. His company, Jacob & Co. has sued musician Wyclef Jean for unpaid bills. Court papers filed in Manhattan indicate bought $765,100 worth of watches and jewelry between March 2002 and January 2006 and still owes $319,680 dollars. The company says they have tried many times to get Jean to come forth with payment. His reps had no comment.

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Tags: jacob the jeweler, JacobTheJeweler, jewelry, wyclef jean, WyclefJean

Jacob the Jeweler Sentenced To Jail

by Deidre Woollard (RSS feed) —

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.

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Tags: jacob arabo, jacob arabov, jacob the jeweler, JacobArabo, JacobArabov, JacobTheJeweler

Jacob the Jeweler Has A Vodka?

by Deidre Woollard (RSS feed) —

Filed under: Spirits

Jacob Arabo, better known as Jacob the Jeweler, is branching out from blinging out the stars and into getting them tipsy. He is the force behind Bocaj vodka (Jacob spelled backwards). The vodka is grape-based and made with mountain spring water. The bottle was designed by Arabo and has facets like a diamond. The top of the bottle features primary color shapes that mimic those on his famous multi-time zone watches. The vodka comes in a blue velvet bag with a platinum-colored rope. and sells for around $83.

[via Martini Groove]

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Tags: alcohol, bocaj vodka, BocajVodka, grape-based vodka, jacob the jeweler, spirits, vodka

MTV's Diamond Moon Man

by Deidre Woollard (RSS feed) —

Filed under: Jewelry

Jacob the Jeweler is at it again, creating a piece of heavyweight bling designed to attract attention. This piece from Jacob & Co. is their special diamond moon man for the 2007 MTV Video Music Awards which took place last night. The statue is an extreme version of the moon man award which is given to winners. High Snobriety writes that the Jacob & Co. version has 15 carats of black and white diamonds set in 14k gold. The statue weighs over two pounds and is worth more than $200,000.

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Tags: diamonds, jacob the jeweler, JacobTheJeweler, moon man, mtv, video music awards, vma

Is Jacob the Jeweler Jacob the Money Launderer?

by Deidre Woollard (RSS feed) —

Filed under: Jewelry

Big news in the jewelry world, WWD reports that Jacob Arabo, founder of Jacob & Co., and famous for being Jacob the Jeweler to rap stars has been arrested on federal charges. Arabo was indicted in "a superseding indictment of 16 individuals with violating federal drug laws, which include laundering in excess of $270,000,000 in U.S. currency." Wow, let's just ponder that for a moment, $270 million. Arabo is charged with giving and lending jewelry to members of the "Black Mafia Family," a drug organization. The indictment requires that more than 30 pieces of jewelry, residences and cars be forfeited. It's a big reversal of fortune for the king of bling.

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Tags: jacob and co, jacob arabo, jacob the jeweler, JacobArabo

Bye Bye Bling

by Deidre Woollard (RSS feed) —

Filed under: Jewelry

Is bling over? That's the word from Robin Givhan who writes in the Washington Post that the use, overuse and abuse of the world bling might be coming to an end. Rappers like 50 Cent, Nelly and Missy Elliot who draped themselves in diamonds and rapped about the treats available at Jacob the Jewelers have all taken a turn toward the understated. No one is giving up their diamonds or turning in their glittering watches anytime soon but the article says that the over-the-top focus on flash is over. It makes me wonder if we should pull a Lloyd Grove and banish the world bling from this website. But then we'd need a new word for all those sparkle-sparkle, shine-shine items that we come across so often. Who's with me? Should we ditch bling?

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Tags: bling, jacob the jeweler, rap. 50 cent

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