Blue Topaz
Blue Topaz RMCGEMS
Blue Topaz RMCGEMS

The Jeweler's Star Clients Told To Pay Up


By Rajesh Kumar, Section Jewelry News
Posted on Tue Aug 26, 2008 at 09:16:17 PM EST

Jewellery-loving musicians Wyclef Jean, Scott Storch and Juvenile are being asked to pay up money they owe for gems bought from jailed bling merchant to the stars, Jacob 'The Jeweler' Arabov.

Arabov is calling in $1.2 million in debts in a bid to keep his company Jacob & Co afloat while he serves a 30-month prison sentence for lying to federal investigators.

According to the New York Post, those who owe the jeweller money include Jean, producer Storch, Juvenile, and basketball player Eddy Curry.

A statement reads, "Jacob Arabov is putting together a business plan that will ensure the continued growth of Jacob & Co. while he is absent."

Arabov's star-studded client list includes Sean 'Diddy' Combs, the Notorious B.I.G., Kanye West, Jay-Z and R. Kelly.

His success afforded him a luxury lifestyle until cops pounced earlier this year (08), and he pleaded guilty to falsifying records and giving false statements during an drug money laundering investigation. (c) WENN

http://www.postchronicle.com/news/entertainment/tittletattle/article_212167252.shtml

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