Entertainment news was stunned at the end of October when jeweler of the stars, Jacob Arabov, pleaded guilty to federal charges having to do with money laundering. If you didn't hear about the details when the celebrity news broke, Jacob the Jeweller was arrested for trying to launder 270 million dollars in drug money for the Black Mafia Family who are focused in Detroit. The arrest came about this past year in June but he did not face the court until October 31, 2007.
I visited his website to see if he had posted any new news having to do with the up to four years that he may have to face but the only news was related to his jewelry company and its continued success. Jacob the Jeweller is known for his many amazing pieces that he has created for celebrities. He has been featured on many entertainment shows for his outrageous pieces of bling that cost more than most people's homes, which always made me think how he could have so much money just through the sales of his jewelry. I guess this case gives some insight to where some of his wealth was coming from. The video above is attached to show you the kind of jewelry that he sells. If you have celebrity videos following this case let me know.