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Fab Flash: Jacob the Jeweler Lands Prison Time

Wed, 06/25/2008 - 11:00am by FabSugar
1,236 Views - 17 comments

The only ice Jacob the Jeweler will be admiring is the one in his tin cup while serving time in jail (wait — do they even serve ice there?). Notorious "King of Bling" Jacob Arabov, has been sentenced to 30 months in prison after pleading guilty to all charges of laundering over $270 million in drugs for the Black Mafia Family.

Arabov was well-known in the hip-hop community for his oversized watches and high-carat offerings. His over-the-top jewels first caught the attention of late rapper Notorious B.I.G. and has since grown his client list to include Paris Hilton, Jay-Z, Beyoncé Knowles, Madonna, and Victoria Beckham.

The situation could of been a lot worse for Arabov who was looking at 20 years if convicted at trial. "Jacob Arabov and his counsel are pleased that Judge Cohn recognized the amazing story of Jacob, who at age 14 emigrated from the former Soviet Union, came to the US with nothing, and yet managed to become one of the most respected, beloved, and successful jewelers in the world," said Arabov's criminal defense lawyer, Benjamin Brafman.

Source

View Photos: Paris Hilton
on Yahoo!

17 Comments Add a Comment

  • ambie_white's picture
    ambie_white
    1

    whoa thats crazy, well i guess all the celebrities have to find another jeweler hahaha....ha

    21 weeks 2 days ago Report Comment
  • EkaterinaBallerina's picture
    EkaterinaBallerina
    3

    Oh cry me a river. The guy is a criminal and his jewelry is over the top and tacky. "the most respected, beloved, and successful jewelers in the world," Ugh!

    21 weeks 2 days ago Report Comment
  • mareepossa's picture
    mareepossa
    4

    "Jacob Arabov and his counsel are pleased that Judge Cohn recognized the amazing story of Jacob, who at age 14 emigrated from the former Soviet Union, came to the US with nothing, and yet managed to become one of the most respected, beloved, and successful jewelers in the world,"....

    Am sorry but that is just a s**t load of crap! I totally agree with Ekaterina Ballerina, the guy is a criminal.

    21 weeks 2 days ago Report Comment
  • megln1022's picture
    megln1022
    5

    um when did he launder this money? if he was 14 when he did it then fine pull out the poor ussr emigrate card. but if it was like last year- i mean puhlease

    21 weeks 2 days ago Report Comment
  • bransugar79's picture
    bransugar79
    6

    I just read an article On the XXL blog that says he was initially charged with money laundering but they couldn't prove anything and apparently he was charged with knowingly misleading law enforcement. I don't like the jewelry or the fact that so many people feel the need to waste so much money some of which has truly dubious origins on this stuff, but we should at least have him being chrged with the right thing.

    21 weeks 2 days ago Report Comment
  • mommie's picture
    mommie
    8

    I have no sympathy. If he was soooo successful why did he have to sink to laundering money. Throw the book at him.

    21 weeks 2 days ago Report Comment
  • robinesque's picture
    robinesque
    9

    But, on a lighter note, what a lovely shade of blue on Paris to match her eyes!

    21 weeks 2 days ago Report Comment

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