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Jacob The Jeweler Goes On Trial

Jacob Arabo, know in the trade as Jacob The Jeweler and the guy behind the rags to riches "blinged out watches" company, is set to go on trial in Detroit later this year.

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Jacob with "P. Diddy"

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Blinged out watch by Jacob & Co.


Arabo is accused of laundering nearly $270 million in drug profits since the early 1990's.

Of course he pleaded not guilty...and the celebs are still lining up to purchase these watches; not that the Hollywood celebrities are beacons of light for morality and ethics....but that is a whole other story... ;-)


The schedule of a Detroit venue, comes after a strong petition by Arabo's attorneys to keep the trial in Manhattan, N.Y.C., a request which the judge denied.


Posted by Judah Gutwein on May 14, 2007 3:40 PM in Diamond News | Comments (19)

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