Hip-hop's favorite iceman has found himself wearing the kind of bracelets that nobody likes: handcuffs.
Jacob Arabove, known to the music industry as Jacob the Jeweler, was arrested by DEA task force officers at his 57th Street store in New York on Thursday (June 15). According to an affidavit from the U.S. attorney's office in New York, an arrest warrant had been issued in Michigan's Eastern District Court last month on money-laundering charges.
Arabove is one of 41 people named in a federal indictment released last month in Detroit that includes a litany of charges, such as drug trafficking, money laundering and conspiracy. Several members of the Black Mafia Family — including Demetrius "Meech" Flenory — were also named. That indictment accused Flenory and company of building a drug empire in Detroit and expanding it to other cites. BMF is known to hip-hop fans mostly for its independent record label, which has been putting out music, mostly in Atlanta, for the past few years.
Jacob has risen over the past decade to become the most recognized name in music when it comes to jewelry, chiefly because of his clients in the hip-hop community — Nas, Lil' Kim, Bow Wow, Jay-Z, Diddy, Busta Rhymes, R. Kelly, B2K and others — shouting him out on their records. He has also done work for the likes of Britney Spears, Justin Timberlake and a host of Hollywood celebrities.
Arabove's attorney was unable to be reached for comment.
During a hearing on Thursday, Arabove agreed to turn himself in to authorities in Detroit on July 12.