King of Bling Indicted

Jacob Arabo, aka Jacob the Jeweler is in BIG trouble. Best known for blinging out nearly every rapper, NBA player, Elton John, Bono and even Rudy Guiliani, Arabo has been indicted for a money laundering scam run by him and the BLACK MAFIA FAMILY of Detroit. The government's case alleges that Arabo helped launder millions for the BMF family, fabricated IRS documents, and conspired with gang members to cover up illegal activities. Damn, this is worse than when I found out wrestling was fake! Say it ain't so Jacob, say it ain't so!!


LINK: http://www.thesmokinggun.com/archive/years/2007/0123071jacob1.html