Jacob Arabo, known worldwide as Jacob the Jeweler, was arrested Thursday morning on charges stemming from a federal indictment of 16 people in Detroit.
The May 10 indictment, from the U.S. Attorney of the Eastern District of Michigan and unsealed today, alleges 16 defendants violated federal drug laws and laundered in excess of $270 million. The documents allege the defendants maintained a drug operation under the name the "Black Mafia Family" and allegedly transported and distributed thousands of kilos of cocaine across state lines. The 41 year-old Arabo, whose name is spelled several different ways in the papers, was named in the Detroit indictment. The indictment seeks forfeiture of more than 30 pieces of jewelry, in addition to a number of residences and cars.
I thought he was making enough money alone with selling his Bling. I'm sure a lot of rappers, artists, and actors contributed to more than half of his income. Being greedy will override you all the time.
SOURCE: TMZ.com |
