Jeweler to the stars, 'Jacob the Jeweler', has just been sentenced to two and a half years in the federal pen for lying to investigators looking into a multi-state drug ring. He was charged with suspicion of laundering approximately $270 million in drug money back in 2006.
43-year-old Jacob Arabov copped a plea last October to doctoring records and lying to the Feds. In court Jacob said, "I feel ashamed that I broke the laws of this country, a country that has been so good for me. I will carry this shame for the rest of my life."
