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Jacob the Jeweler to Bling it Behind Bars

6/24/2008 1:54 PM PDT BY TMZ STAFF

Can you ice out a prison cell? Hip-hop bling king Jacob the Jeweler has just been sentenced to two and a half years in the federal pen for lying to investigators looking into a multi-state drug ring.

43-year-old Jacob Arabov copped a plea last October to doctoring records and lying to the Feds.

In court Jacob said, "I feel ashamed that I broke the laws of this country, a country that has been so good for me. I will carry this shame for the rest of my life."

Cops arrested the jeweler in 2006 at his Manhattan shop on charges he and several others conspired to launder roughly $270 million in drug profits.

22 COMMENTS

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1.

chewie    

haha

2281 days ago
2.

Berta    

Berta - lovin life

2281 days ago
3.

Jeff Dranetz    

"Prosecutors had asked that he get three years, but a judge, citing Jacob's work with charities, gave him a break."
Al Capone had soup kitchens for the poor. It didn't make him any less a murdering crook.
Donations to charities by crooks is a contrived way of reducing punishment when caught. It's a shame the judge bought in to it.

2281 days ago
4.

OCD    



$270 million. Laundering drug profits. He feels bad.

Yeah. He should sure feel bad about it.

And I'm sorry, but your charity work doesn't make up for it, either. It may have gone a long way to salve his conscience, but it doesn't do a thing for me. He profited from the sale of drugs through money-laundering. The same drugs that are enriching the greedy cartels and causing irreparable harm to millions, a blight on our economy and a breakdown of our social structure.

Eh.

2281 days ago
5.

Katerina    

He'll make someone a very nice wife in jail.

2281 days ago
6.

PSYCHO BITCH    

Deport his goat-smellin' ass back to the Middle East where he belongs!

2281 days ago
7.

SACHA    

PSYCHO Bitch,
GET YOUR FACTS STRAIGHT!!!! JACOB is not even close of being Middle Eastern!!!! YOU LOOSER.
HIS a Bukharan Jew! HIS JEWISH!!!!!!!!!! A JEW~ HIS REAL NAME IS: YAKOV ARABOV.

DUM ASS AND FURTHERMORE....YEAH JEWS ARE KNOWN FOR MONEY LAUNDERING.

2281 days ago
8.

Another stupid story by TMZ's uneducated chimpanzees    

So, regarding this FORIEGN drug money launderer...

The average drug money laundering fees (per the movie "Scarface") are 5% of the gross. 5% of $270 Million is $13.5 Million. And he only gets 2.5 years in jail because of his "charitable donations". And he potentially can stay in the country after serving his time. Sounds like a deal to me.

Another example of how our court system is spineless. I say deport his dumb ass back to Argentina; they have STRICT drug laws back there. He'll be llama food in no time...

2281 days ago
9.

you guys should all be ashamed    

excuse me but you guys obviously have no heart. this man was dropped on ALL MONEY LAUNDERING CHARGES you ass holes, ever think of why he is in court now? imagine if you were put in a position where a very notorious mafia was being charged, would you A. point fingers later to be murdered by the mafia or B. lie about what happened just because you were in the middle of all of this........excuse you guys but i think he is being made an example of......he is getting 2 and a half years just for lying to a federal agent, obstruction of justice as they call it.......look at how much time people usually get for that......get your facts straight before speaking.......

2281 days ago
10.

Granny Pants    

Saf darling (#8), would it be possible for you to choke yourself to death with a plastic bag? Love ya, mean it.

2281 days ago
11.

Granny Pants    

I thought he was going to jail for the making the ugliest jewelry in the Universe.

2281 days ago
12.

Chris Lover    

Now he is going to have "Street Cred". His business is going to skyrocket.

2281 days ago
13.

OCD    



To #9 you guys should all be ashamed

The way the Feds work it is that in order to catch what they believe are the bigger "fish", they net the smaller "fish" as targets of prosecution. Then they load them up with about a zillion charges and tell them that they will be facing 17 lifetimes in jail unless they turn witness. They then drop several of the original charges and make the "target turned witness" feel like they got a good deal. It has worked very successfully for the Feds in the past.

Problem is, sometimes it is actually the "little fishys" who are actually big fishy's in minnow's clothing who escape through the net by distracting their attention and fixing blame on someone other than themselves. The Feds don't always care if it is the truth as long as they win.



2281 days ago
14.

Mary G.    

Send his ass back to whatever third world hell hole he came from!

2281 days ago
15.

Brattus Rattus    

10. Saf darling (#8), would it be possible for you to choke yourself to death with a plastic bag? Love ya, mean it.

Posted at 2:48PM on Jun 24th 2008 by Granny Pants


Too funny! HA HA HA

2281 days ago
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