: DETROIT (AP) -- The New York businessman known in the hip-hop world as "Jacob the Jeweler" has been sentenced to 2 1/2 years in federal prison for lying to investigators looking into a multistate drug ring.
Detroit U.S. District Judge Avern Cohn on Tuesday sentenced 43-year-old Jacob Arabov, who pleaded guilty in October to falsifying records and giving false statements. Cohn also ordered Arabov to pay a $50,000 fine.
Arabov was arrested in 2006 at his Manhattan jewelry shop. Authorities accused him and others of conspiring to launder about $270 million in drug profits.
He gonna get in there and hustle off diamonds to the guards and inmates to protect that culo :)
Jacob gonna come out selling diamond studded pendants in shapes of flowers and hearts but seriously tho, his comissary is gonna be off the chain :)
Too bad bruthas or sistas don't get sweet deals like this...breaking and entering is like 30 years when money laundering millions is only 2.5 years for Jacob
Please he probably just got that time for show, he will be out soon...his money is stupid long.. What is he, middle eastern??? persian??? Them mofos got have $$$$ and $50,000 that's probably a drop in the bucket. I don't know the whole story on this, just bits and pieces, so if someone does, please enlighten me, but I wouldn't be surprised if he already sent all his money to overseas accounts and his home country so the feds wouldn't take any of it..
@ msprettynsweet LOL @ your avatar
@ lickdastrawberry ROFL...Get 'em!
@ poetical I agree.
He'll be out in less than a year. This hasn't hurt him 1 bit. His paper remains steady, and he'll be even more popular.
If he did not have money, there is no way that he would have gotten this kind of deal.
http://www.jacobandco.com
I bet you my week's salary
that these phony a$$ rappers start claiming they were "slanging those white bricks" with Jacob....I BET YOU!
"stacking those bricks with Jacob/ got a 50 carat wrist from Jacob/ we flyin high like Goodyear blimps/ hating n*ggas acting stupid like dirty a$$ chimps"
JESUS GOT THAT FLOW!
YALL STOP HATIN ON MY MAN JACOB ! HE BEEN HOOKIN NYGGAS UP WITH JEWELRY IN THE HIPHOP GAME FOREVER !
HE IS A PART OF HIP HOP LIKE IT OR NOT !
WHEN YOU A UP AND COMING RAPPER, YOU AIN'T MADE IT UNLESS YOU GET A PEICE DONE BY JACOB, THEN YOU HAVE ARRIVED !
EVERYBODY KNOW THAT. RAPPERS GETTING A PEICE DONE BY JACOB IS A RITE OF PASSAGE !
AND TO BIOPU$$Y, HE IS NOT JEWISH, HE'S MIDDLE EASTERN LIKE A MUSLIM OR AN ARAB YOU SEXUALLY CONFUSED IDIOT !
OH WELL HE *** HAVE DID BAD S*IT AND BAD S*IT WOULD HAVE HAPPENED TO HIM. PEOPLE ALWAYS BEING GREEDY WHEN THEY SHOULD BE HAPPY WITH WHAT THEY HAVE . THIS MAN MADE MILLIONS OF DOLLARS FROM HIS STORE AND THE MONEY HE MADE I KNOW HE CANT SPEND IT ALL WHILE HE'S STILL ALIVE SO WHY NOT JUST BE HAPPY AND LIVE LIFE. NOPE HE GOES AND GETS INVOLVED WITH SOME DUMB S*IT AND NOW LOOK. STOP BEING GREEDY ***. GIVE A AVERAGE PERSON ALL THE S*IT HE HAD A MAF*CKER AINT JEOPARDIZING S*IT. THEY GON ENJOY LIFE BEING RICH AS A MAF*CKER. I SAY F*CK MR JEWELER AND I HOPE HE DONT DROP THE SOAP.