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Jacob the Jeweler Forfeits $2 Million In Laundered Funds 
Published Thursday, July 09, 2009 11:16 AM
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    By Ismael AbduSalaam

    Jacob Arabov has forfeited $2 million dollars in illegal proceeds, as a part of his plea agreement conviction for laundering the drug profits of a nationwide drug conspiracy network.

     

    Arabov, known affectionately to Hip-Hop stars as “Jacob the Jeweler,” was sentenced to 2 ½ years in prison for lying to federal authorities about the ownership of $5 million worth of jewelry seized from Terry Flenory, co-head of the notorious Black Mafia Family that operated throughout the United States from 1990-2005.

     

    Under law, drug forfeiture money appropriated by authorities can only be disbursed and used by law enforcement agencies.

     

    Of the $2 million seized, $1.6 million was distributed to seven law enforcement agencies in and around Detroit, the Black Mafia Family’s original base of operations.

     

    The Detroit, Groose Ile Township, Birmingham, and Livonia police departments received $267, 200, with the same amount going to the Livingston County Sheriff’s office.

     

    The River Rouge Police Department received $198,800, while the Waterford Police Department retained $67,200.

     

    The remaining $400,000 was kept by the federal government.

     

    The Black Mafia Family was founded by the Flenory brothers Demetrius (“Meech”) and Terry (“Southwest P”) in the early 90s.

     

    Their vast criminal empire drew extensive police attention when the group began publicly promoting themselves in Hip-Hop circles throughout Atlanta (Young Jeezy, Bleu DaVinci): throwing lavish parties, creating DVDs, and even erecting a prominent Billboard in the city.

     

    In 2005, a series of drug raids and turns of key members into informants effectively the dismantled the drug trafficking organization.

     

    Last year, both Flenory brothers were sentenced to 30 years in prison under CCE (Continuing Criminal Enterprise Law) classification.


    Comments

     

    Outlaw76 said:

    FAIL
    July 9, 2009 11:17 AM
     

    BIGDOWNSOUTH said:

    The feds, the state, and the police are the real crooks, they operate just like vicious gangs members....well I guess they are gangs members.

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    July 9, 2009 11:22 AM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | Eight Mile Road said:

    July 9, 2009 11:24 AM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | Hot 108 Jamz said:

    July 9, 2009 11:27 AM
     

    SOUTHERN_MR.337 said:

    always about money..damn shame
    July 9, 2009 11:30 AM
     

    Hoeyuno said:

    Thats a kick in the balls eh...
    July 9, 2009 11:32 AM
     

    BLUNTBLAZER said:

    WHA GOES UP MUST COME DOWN SOME TIME
    HE'LL BE AIGHT THO HE CAKED UP

    THA GRINDAHOLIC

    THA MUSIC
    http://www.myspace.com/thagrindaholic
    THA VIDEOS
    http://www.youtube.com/watch?v=vascBlzwYo0
    July 9, 2009 11:37 AM
     

    affliCted said:

    Dope boyz with billboards, always thought that was hilarious!
    July 9, 2009 11:37 AM
     

    She Luv Me Long Time said:

    2million aint shit to dis dude...
    July 9, 2009 11:37 AM
     

    Above All said:

    The government are the biggest gangsters.....
    July 9, 2009 11:41 AM
     

    liquidswords95 said:

    All these rappers spending all their money on jewels. Making everybody else richer except us. We need to put money back into the black community.
    July 9, 2009 11:43 AM
     

    therealest1 said:

    Those BMF clowns were dumb flaunting and flossing their shit anyways that's why they got caught up. The courts and law enforcement sure hit a jackpot because of their stupidity being obvious.

    Lesson to be learned, if you're doing dirt getting good, tax free money, keep it to yourself, don't floss your money and success around, and buy a bunch of material shit especially if you're not white.

    I don't know why those BMF ass clowns didn't think about unnecessary attention that would befall them being out there spending all that money. Those fools basically snitched on themselves by putting up a big ass billboard of their enterprise in ATL. Man, how did they go from living the good life to hell in the cell? They went from eating good to eating prison food. They could have still been free and made with their money if they kept their shit quiet.

    I guess they didn't realize people were going to wonder who they were and where their money came from as they bought all that nice shit and were visible in public at parties with all the rap stars when they weren't industry stars themselves.
    July 9, 2009 11:45 AM
     

    mu$h da great said:

    damn.... sometimes you gotta pay like you weigh wet wit 2 pairs of close on...im sure he is still more than straight though.....even though this is something that's more or less negative, mufucker is getting free publicity...
    July 9, 2009 11:52 AM
     

    mu$h da great said:

    Receive 20% off your total initial purchase & 10% off any total of future purchases when using this link.

    http://www.karmaloop.com/index.asp?rcode=DS37737
    July 9, 2009 11:54 AM
     

    jmz105 said:

      liquidswords95 said:
    All these rappers spending all their money on jewels. Making everybody else richer except us. We need to put money back into the black community.

    HOW BOUT JUST PUT MONEY BACK IN THE "COMMUNITY"  RAPPERS ARE MAKING MONEY OFF OF EVERY RACE OUT THERE, WE ALL AMERICAN!!
    July 9, 2009 11:57 AM
     

    Hip Hop Premiere Magazine said:

    July 9, 2009 11:59 AM
     

    dadirty said:

    therealest1 said:
    Those BMF clowns were dumb flaunting and flossing their shit anyways that's why they got caught up. The courts and law enforcement sure hit a jackpot because of their stupidity being obvious.

    Lesson to be learned, if you're doing dirt getting good, tax free money, keep it to yourself, don't floss your money and success around, and buy a bunch of material shit especially if you're not white.

    I don't know why those BMF ass clowns didn't think about unnecessary attention that would befall them being out there spending all that money. Those fools basically snitched on themselves by putting up a big ass billboard of their enterprise in ATL. Man, how did they go from living the good life to hell in the cell? They went from eating good to eating prison food. They could have still been free and made with their money if they kept their shit quiet.

    I guess they didn't realize people were going to wonder who they were and where their money came from as they bought all that nice shit and were visible in public at parties with all the rap stars when they weren't industry stars themselves


    i guess its hard to stay low when u have a 200 million dollar organazation
    July 9, 2009 12:12 PM
     

    liquidswords95 said:

    @jmz105 i say the black community because we are exploited thru our music in hip hop. Alot of times it feed stereotypes about us that are not true. I think by putting money back into our community it well give the black kids more avenues to become lawyers and doctors........ not just athletes and entertainers.
    July 9, 2009 12:13 PM
     

    liquidswords95 said:

    Also jmz 105 how many suburbs need the money put into their community. It's the inner city youth that need financial opportunities. Most of these rappers come from there..... and they should give back after they make it out. Each one pull one out.
    July 9, 2009 12:16 PM
     

    Hip Hop Premiere Magazine said:

    July 9, 2009 12:19 PM
     

    MC-ENEME said:

    C.R.E.A.M.!! WHAT U THOUGHT IT WAS!?!
    July 9, 2009 12:24 PM
     

    DontDieDontKillAnyone said:

    You've got to laugh at them buying a buying a billboard. They might as well have printed on it 'WE ARE THE BLACK MAFIA FAMILY AND WE ARE RUNNING AN ILLEGAL NATIONWIDE DRUG NETWORK. PLEASE ARREST US', you know, just to make sure that everyone definitely noticed
    July 9, 2009 12:26 PM
     

    suave_n_hansome said:

    Lol @ buying a billboard...very subtle...very smart...
    July 9, 2009 12:42 PM
     

    HOT97 said:

    HOT97 SAYS:This is why there are so many criminals out there because if you do the math its 5 Million to a 2 1/2 year jail time...That will motivate any criminal.....
    July 9, 2009 12:46 PM
     

    TwoUpTwoDown703 said:

    The 2Mill aint shit to Jacob the Jeweler...and 30 years aint nothin to the BMF heads.  We all make mistakes in life, and all we can do is learn then grow.  

    All of ya'll on here who think they basically snitched on themselves for throwing crazy parties and putting up a billboard, don't realize that it takes decades of years to investigate and bring down drug cartels.  These guys had a snitch in the crew before they even bought homes in ATL.  

    Watch who you allow in your circle when the money starts rollin' in, cuz that's when er'body is gonna wanna roll with u.







    Beat my high score in Presidential Paintball @ http://www.Games411.info
    Get Your Game on!
    July 9, 2009 12:47 PM
     

    zquidhunter said:


    The dumb thing is they were 2 showoff!! My advice to any of you hustlers that are doing well!! get some property abroad like Jamaica, trinidad costa rica and don't floss just no you got someplace to go where you don't have to worry just chill!! And for sure when you get their DO NOT FLOSS!! just live good and be good to your neighbors and your good!! Trust me on this no need 2 be on the block unless you like all the drama!!
    July 9, 2009 12:49 PM
     

    Seen Da Dream said:

    So they take the 2 mill and split it amongst themselves? No new community centers or parks or nothing?  Just overtime pay for the pigs..... talk about the biggest gang in america.
    July 9, 2009 12:51 PM
     

    DrDahnDahlas said:

    SMMFH !!!

    When will people learn that ANYTHING you do illegal is ALWAYS being watched by someone who will "snitch"...And it will eventually get to the city, state & government "police" that you are involved in those activities...

    Fuck "keepin' it real & gangsta"...All I ever seen was niggas get massive amounts of time and/or DIE !!...

    And these dumb MFers spittin' what they do or have done on songs...I can guarentee you that what Young Jeezy said about the Black Mafia Family on his first two albums started their downfall...The government prolly got a case waitin' for Jeezy's azz anyway...May God be with him...

    And all those niggas that's still in the streets doin' shit & ain't gettin' no indictments ARE WORKING WITH THE CITY, STATE, OR GOVERNMENT...

    The best thing to do for all "street niggas" is to learn a skill/trade and stop going to jail/prison over the little bit of $$$ they make...Even if they have a stash, when they get locked up they end up spending it on commisary...

    SO in essence, we are doin' nothing but making the private owners of all these jails/prisons RICHER while we the ones risking our lives and freedom to get it for them....

    WAKE THE FUCK UP NIGGAS !!! ITS TIME FOR SOMETHING GREATER FOR OUR PEOPLE THAN WHAT WE HAVE BEEN SEEING FOR THE LAST 40 YEARS......
    July 9, 2009 12:58 PM
     

    DrDahnDahlas said:

    SMMFH !!!

    When will people learn that ANYTHING you do illegal is ALWAYS being watched by someone who will "snitch"...And it will eventually get to the city, state & government "police" that you are involved in those activities...

    Fuck "keepin' it real & gangsta"...All I ever seen was niggas get massive amounts of time and/or DIE !!...

    And these dumb MFers spittin' what they do or have done on songs...I can guarentee you that what Young Jeezy said about the Black Mafia Family on his first two albums started their downfall...The government prolly got a case waitin' for Jeezy's azz anyway...May God be with him...

    And all those niggas that's still in the streets doin' shit & ain't gettin' no indictments ARE WORKING WITH THE CITY, STATE, OR GOVERNMENT...

    The best thing to do for all "street niggas" is to learn a skill/trade and stop going to jail/prison over the little bit of $$$ they make...Even if they have a stash, when they get locked up they end up spending it on commisary...

    SO in essence, we are doin' nothing but making the private owners of all these jails/prisons RICHER while we the ones risking our lives and freedom to get it for them....

    WAKE THE FUCK UP NIGGAS !!! ITS TIME FOR SOMETHING GREATER FOR OUR PEOPLE THAN WHAT WE HAVE BEEN SEEING FOR THE LAST 40 YEARS......
    July 9, 2009 12:58 PM
     

    GreasySurpreme said:

    Dounuts can be really nasty if they aren't made right - with that said this isn't shocking...
    July 9, 2009 1:17 PM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | Hot 108 Jamz said:

    July 9, 2009 1:25 PM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | Hot 108 Jamz said:

    July 9, 2009 1:25 PM
     

    tippydickumdown said:

    listen to the lyrics of "legal paper" by ice cube..he makes a valid point: a person can use that same intensity doing illegal shit & hustle doing anything..
    July 9, 2009 1:29 PM
     

    EST said:

    Even if the government is the biggest gangster it still doesn't excuse BMF's stupidity. If you're smart enough to be large illegally then you are smart enough to do it legally. To say doing 30 years is nothing is a pathetic joke; nobody willingly wants to lose 30 years of his or her life over something that could have been avoided.
    July 9, 2009 1:54 PM
     

    Jacob The Jeweler Pays The Government $2 Milli .: Non Stop Info :: NSI :: Urban Entertainment News Gossip And Fashion :. said:

    July 9, 2009 2:14 PM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | ICESWAG.COM said:

    July 9, 2009 2:35 PM
     

    Mister.X said:

    lmbao! a billboard? really? if thts nt ignorant, then im jesus christ!
    July 9, 2009 2:41 PM
     

    No.1FlyBoy said:

    smh..thats tuff....Jacob knew not to snitch or nun tho he did right...went ahaead & took them 2yrs.
    July 9, 2009 2:41 PM
     

    Bear-8 said:

    BMF...should have kept a low profile and very private with their money.  When you start advertising that you are balling out of control, it can only bring attention.  You don't want attention when you are a national drug dealing enterprise.  
    Side note:  the game is fucked up and if you choose to risk your life then you have to pay the price when you are caught.  Know when to say when.
    July 9, 2009 3:00 PM
     

    Young Caine said:

    Free Big Meech & Southwest...
    July 9, 2009 3:03 PM
     

    Ken_Masters said:

    i hate when dumb broke niikas try to get online and post like they speakin for street ni kkas...
    30 years meens they just put your stupid ass under
    July 9, 2009 3:12 PM
     

    Poorichboy said:

    TwoUpTwoDown703 said:
    The 2Mill aint shit to Jacob the Jeweler...and 30 years aint nothin to the BMF heads.  We all make mistakes in life, and all we can do is learn then grow.  

    Nigga is you on dope or dogfood?  30 years is a life time. People do murders and get less time then that. I dont think Jacob the Jeweler got millions like that so them 2 mills hurt him.

    Detroit Hard Headz
    July 9, 2009 3:33 PM
     

    fullgalaxy1 said:

    AFTER ALL THAT WAS SAID AND DONE AND ALL THESE COMMENTS HAS BEEN SAID SHIT WANT CHANGE LOL DAMN HATE TO SEE PEOPLE GO DOWN LIKE THIS.
    July 9, 2009 4:20 PM
     

    Professor Knowledge said:

    So let's talk about the moral of the story. After all the drugs sold, black people murdered and incarcerated. The federal government caked up with $400,000. Some people never learn.
    July 9, 2009 4:55 PM
     

    poe said:

    smh


    fail.
    July 9, 2009 5:08 PM
     

    Hypnotice7 said:

    Ahhh...He'll make T-Pain 2 Big Ass chains and make that back
    July 9, 2009 5:25 PM
     

    [7/9] Jacob the Jeweler Forfeits $2 Million In Laundered Funds - Rap GodFathers Community said:

    July 9, 2009 6:21 PM
     

    Theyztenz said:

    With Jacob in jail, Ben Baller done took his place the "Hip Hop Jeweler".
    July 9, 2009 6:40 PM
     

    CRANSTONJ said:

    JACOB THE JEWELER EVEN DOING TIME...HIP HOP COPS ARE ON THE BEAT....CHECK OUT THIS NEW VIDEO..http://www.youtube.com/watch?v=3V4m7WFIKq0
    July 9, 2009 6:54 PM
     

    Frizzodetroit said:

    It's bullshit the 5-0 gets to keep the scrill.
    July 9, 2009 9:13 PM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds | PRISONPENN.COM FROM THE INSIDE OUT said:

    July 10, 2009 12:51 AM
     

    We_Still_Here said:


    You Broke Ass FuckBoys In Here Hatin Will Never Have To Worry Bout What Yall Gon Do Wit All Yall Millions......What Yall WILL Do Tho Is Respect The Family...One Way Or A Muthafuckin Nutha I Tell U That.

    I Dare Any Of Yall To Stroll Thru The D Or The A Or Anywhere In Between An Holla That Punk Ass Pussy Talk Disrespectin The Mob....Niggaz Is At Ya Head....Dont Think Shits Sweet Cuz The Billboard Aint Up No More & A Couple Niggaz Is Knockin Time Out.......


    WE STILL HERE!!!!!!

    Free The Lion, T, J-Bo, Bleu, Big Cuz, Ill & All The Rest Of The Fam That Kept They Mouth Shut....Loyalty Aint Just A Word, Its A Lifestyle....U Squares & Circus Bears Betta Get Up On It!

    Let No Man Separate What We Created

    BMF 4 LIFE 4 DEATH
    July 10, 2009 2:52 AM
     

    We_Still_Here said:


    Ken_Masters said:
    "i hate when dumb broke niikas try to get online and post like they speakin for street ni kkas...  "


    CHUUUUUURCH!!!!    Point Em Out......These Pussy Niggaz Love Yappin They Dicklickaz Bout What Some Otha Niggaz "Shoulda" Did But They The Ones Broke As Fuck, No HustleBones In Their Entire Body, Runnin Round Livin Their Lame Ass Insignificant Lil Life....
    U Niggaz Are Peons....Gnats On The Windshield Of My Cayenne Turbo......




    EST said:

    "nobody willingly wants to lose 30 years of his or her life over something that could have been avoided "

    NEWSFLASH....U Fuckin Guppie.....Not Only Do Real Niggaz Not Give A Fuck About That, But They Knock That Shit Out When Facin It...Jus Cuz Yo Sucka Ass Is Scared Of Doin Time Dont Try An Brand Ery Nigga Wit That Pussy Shit....I Feel Bad For Niggaz Like Yall....Not To Mention, The ENTIRE Fam Is Gettin Out Again.....Aint Nobody Else In History Done It This Big And Seen The Light Of Day Again.....Niggaz Either Get Life Or Rat It Out.....You Bitch Niggaz Betta Tuck Ya Tails When Some Whales Are In The Buildin....



    BMF 4 LIFE 4 DEATH



    WE STILL HERE!!!!!!

    July 10, 2009 3:34 AM
     

    Jacob the Jeweler Forfeits $2 Million In Laundered Funds « Davey D’s Hip Hop Corner-(The Blog) said:

    July 10, 2009 10:23 AM
     

    refertomethesea said:

    To We_Still_Here your abuse of the english lexicon is astounding. You just may be as simple and in need of special education as your incarcerated associates, with the thought revoking ideas you spew. Like a midget circumnavigating the world, life will always fall short for you.
    July 10, 2009 12:08 PM
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