NEW YORK -- A man accused of trying to extort $25,000 from Lil' Kim in exchange for her stolen jewelry was arraigned Tuesday (July 1) and could face up to four years in prison.

According to Queens District Attorney Richard Brown, 31-year-old John Acheson called Kim's lawyer, Mel Sachs, on June 23 and said that he was in possession of the Queen Bee's iced-out crowned "B" piece and her diamond-flooded platinum dog tags (see [article id="1473171"]"Lil' Kim's 'B,' Dog Tags Ripped Off At JFK"[/article]). He allegedly told Sachs that he would exchange the jewelry for an initial $5,000 and $20,000 at a later time.

Acheson, who was never actually in possession of Kim's ice, is charged with third degree attempted grand larceny, fourth degree attempted grand larceny by extortion, and attempted coercion in the second degree. Brown said that Acheson, a resident of New Rochelle, New York, caught wind that Port Authority Police were looking for him and turned himself in on Monday.

The jewelry theft is still under investigation, and police have not named any suspects. Kim, who lost her jewelry at John F. Kennedy airport on June 20 when she accidentally checked them in before a flight to Los Angeles, regained all of her missing property on Friday (see [article id="1473447"]"Lil' Kim's Jewelry Recovered"[/article]). Port Authority Police found the items during a search of the employee locker room in JFK's terminal building.

([article id="1470829"]Click here for more photos of Lil' Kim and her jewelry.[/article])