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Jacob The Jeweler Arrested for Money Laundering

Revered in hip hop circles as the go-to man for bling, Jacob ‘The Jeweler’ Arabo was arrested Thursday morning (June 15), on federal charges stemming from an indictment of 16 people in Detroit.

On May 10, the U.S. Attorney of the Eastern District of Michigan indicted 16 people, who allegedly violated federal drug laws and laundered over $270,000,000 in U.S. currency. Arabo is named in the Detroit indictment.

The indictment also seeks the forfeiture of more than 30 pieces of jewelry, in addition to a number of residences and cars. Arabo is also charged with giving and lending the accused narcotic offenders jewelry. Although, Daniel Gatlin, Arabo’s lawyer, said that his client had been trying to get back the jewelry since November.

With his finely crafted diamond watches and jewelry, Arabo established a high profile clientele, with hip hop heavyweights like Diddy, Jay-Z, Pharrell Williams, Lil’ Kim and Kanye West. The late Notorious B.I.G. was also one of Arabo’s best customers. In addition, MCs frequently included Arabo’s name in their lyrics.

Thanks to Mark Lelinwalla @ VIBE Magazine for the info.

Jacob The Jeweler Arrested Money Laundering
Category: News June 16, 2006

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23 Comments »

  1. He should have been watchin who he was dealin with

    Comment by D gr8 1 — June 16, 2006 @ 11:10 am

  2. i thought this was a SHOE website

    Comment by exclusive — June 16, 2006 @ 12:33 pm

  3. “i thought this was a SHOE website”-exclusive

    I realize that we don’t talk about jewelry, but I thought that I would share this story since he is such a major icon in the hip hop community. Many of the artists he has done major work for are die hard sneaker fans too.

    Comment by admin — June 16, 2006 @ 12:41 pm

  4. That is mess up just because he sold somejewelery he goes to jail

    Comment by t-pain — June 16, 2006 @ 1:09 pm

  5. wowww dats crucial

    Comment by wezz — June 16, 2006 @ 7:46 pm

  6. u a hater exclusive he sold me jewelry and i hate for him to go to jail

    Comment by chris — June 16, 2006 @ 8:48 pm

  7. http://www.myspace.com/tgtommygunn

    Comment by TOMMYGUNNZ — June 17, 2006 @ 12:31 pm

  8. hot damn! my brother bought some stuff from him 3 times! damn he got caught

    Comment by joojoobees — June 17, 2006 @ 9:12 pm

  9. jacob is wac T.V Johnny is the real deal !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Comment by shoeking — June 21, 2006 @ 9:43 am

  10. stay off the t.i.p of my D!@*

    Comment by exclusive — June 21, 2006 @ 5:00 pm

  11. All yall some H@ES PU$$IES!!!

    Comment by JACOB — June 22, 2006 @ 6:12 pm

  12. oh snap

    Comment by Shawn — June 25, 2006 @ 10:25 am

  13. get of the page hooooooooooooooooooooooooooooooooo

    Comment by lomn — June 26, 2006 @ 3:46 pm

  14. This man has not broken any laws that have not already been broken.

    Comment by monte — June 28, 2006 @ 5:19 pm

  15. I wasn’t feeling his new kicks and most of the jewelry that I see the celebs sporting is way too ghetto fab for my taste. The man is a business man. His clients pay for the jewelry that they buy. I didn’t realize one had to conduct a background check of all their clients. He’s not doing anything that car dealers haven’t been doing for years.

    Comment by Gia — July 5, 2006 @ 6:25 pm

  16. I NU DAT MAN WUZ BOSS.

    Comment by "B" — July 7, 2006 @ 11:52 am

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  19. he look g*y

    Comment by mauricio lopez — September 16, 2006 @ 9:59 pm

  20. I LOVE SHAMIL LOPEZ PEREZ…………………….YAH!

    Comment by ~***spanish sparkles***~ — December 18, 2006 @ 6:57 am

  21. i said i love shamil lopez perez………heheheheheh

    Comment by ~***spanish sparkles***~ — December 18, 2006 @ 6:58 am

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