Jacob Arabov, the preferred jeweler to rap’s biggest stars, was sentenced to 30-months in prison earlier today for lying to investigators looking into a multi-state drug ring.
‘Jacob the Jeweler’ plead guilty last October to lying to federal prosecuters and falsifying records. In court Arabov stated, "I feel ashamed that I broke the laws of this country, a country that has been so good for me," Arabov said. "I will carry this shame for the rest of my life."
In 2006, Arabov was arrested on charges he was part of a group that planned to launder $270 million in drug profits.