Jacob Arabov, aka Jacob the Jeweler, will be reporting to federal prison come January 2009. For 30 months the jeweler well known for his celebrity following, will be serving his time for falsifying records and giving false statements to prosecutors regarding a case involving the laundering of drug profits. Jacob had an amazing talent and keen eye for incredible design in jewelry, it's unfortunate, but as the saying goes, crime doesn't pay.
You can read the complete story in National Jeweler. What will this mean for Jacob's jewelry company while he is away and once he gets out? We'd love to hear what you think.
Comments (2)
Arabov's going to prison for that? Strange considering how famous he is now.
Posted by Tina Tang | July 8, 2008 7:28 AM
Posted on July 8, 2008 07:28
Things like this are the reason jewelry store owners and salespeople need to build an atmosphere of trust for their clients.
Posted by Ted from Mervis Diamond Importers | August 12, 2008 8:01 AM
Posted on August 12, 2008 08:01