Detroit Stand Up!

Jacob the Jeweler Pleads Guilty to Lesser Charges in Money Laundering Case, Faces Prison

• Highlight Deck: Jacob “The Jeweler” Arabov is scheduled to enter a guilty plea on charges of making false statements to investigators who were looking into charges that he conspired to launder as much as $270 million in drug profits for the Detroit Based Black Mafia Family…
• Highlight Headline: NEWS: Jacob the Jeweler Accepts Guilty Plea Agreement, Faces Prison

Jacob “The Jeweler” Arabov is scheduled to enter a guilty plea on charges of making false statements to investigators in Detroit Federal Court today. Jacob was arrested in June of 2006 by federal authorities on charges that he allegedly conspired to launder as much as $270 million in drug profits for the Detroit based Black Mafia Family organization.

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