Another Day, Another Lawsuit

- By Bossip Staff

Posted by Bossip Staff

According to that crooked ass “Jacob the Jeweler”, Wyclef owes him a small fortune:

Last month jeweler Jacob Arabov began federal prison sentence after being convicted of laundering millions of dollars for the Black Mafia Family. Now Arabov, known for providing bling to numerous Hip-Hop stars, has filed a lawsuit against rapper Wyclef Jean. The man and his company Jacob & Co. claim that the artist owes over $300,000 in oustanding bills.

The New York Daily News reports that a lawsuit was filed yesterday and Jacob & Co. accused Wyclef of purchasing $765,000 worth of watches and jewels between March of 2002 and January 2006, but still has a balance of $319,680.

The 43-year-old jeweler pled guilty to falsifying records and giving false statements in a federal case. He was sentences to 30 months behind bars.

It’s hard to believe anyone can spend over $700 gees on some freakin’ watches. But then again, we wouldn’t put anything past this corrupt jeweler and his shady record keeping.

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Comments

  • cockblocka

    If at FIRST you don’t succeed…

  • LOVE "REIGN" DOWN ON ME(sxyQblondie)

    ISNT JACOB IN THE SLAMMER?

  • bree

    well i guess Jacob has to tie up loose ends before he hits jail

  • ALWAYSaLADY

    Corrupt jeweler? Just cause he sold to some d-boys? If thats the case damn near everyone who owns a business is corrupt.

  • Aunt Viv

    He’s bored in jail clearly-Jacob should be using his lawyers fees for more important matters like his appeal or something…

  • http://www.gravatar.com/avatar/1725bc00dc07284d3f4ebe5fc0ec6a26?s=80&r=any NIKKI UNDERWOOD ESQ. says: Don’t go on VACATION and come home on PROBATION

    Someone please call 911…before I pistal whip this fool for my money….

    If I were Jacob those would be my thoughts…

  • Cage

    Clef better check the authenticity of those jewels one more time….. Then pay his debt and stop sippin on them Cola Lacayes….

  • http://www.gravatar.com Re is NOT feeling this J-O-B., and the "Man" is a beech neegah.

    300,000? Hmm…that could help my mama finish the payments on her home…

  • http://www.girlfriendchurch.com GirlfriendL

    jacob tryna get all his commissary money stacked up! im sure he has to pay off some homo thugs in the pokey to leave his jewels alone!

    http://www.girlfriendchurch.com

  • What the...

    ha, its called pub me or or pay me.

  • Mandah? diggin on u, digging on me

    jacob the jailer…smh

    lol @ the cheers tab lol, well he is going where everybody knows his name lol

  • ILLUMINATITHEPRINCE

    Clef might have to do another colabo with the rock to pay this one off

  • Yuck Fou

    IN OTHER NEWS…

    Real Estate is the next bling.

    …film at 11.

  • CUTIE PIE

    wyclef has really become a foggy mess..what is up with him it seems as soon as the dreads left ignorence took over. First the steroids scandal, then the swingers comment, now this?!

  • T-Fab!!!

    all along i was looking at the pic thinking it was Jermaine Dupri, DAMN!!!!!!!

  • dayg715

    wyclef is packin’.

  • tropical

    LMAO

    these artist always try to hang there hats where they can’t reach them. Try to live above their needs

    good for him. More to come

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  • Blue Eyed Angel

    Clef doesn’t even have a watch or any jewelry on in this picture! So it’s hard to believe..

  • http://themexicohotels.com Gonzalo Hernandez

    This is a just stimulating text.

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    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

  • Gavin

    Shzl3Ex1swaMt

  • CEE CEE

    I DON’T THINK HE IS REALLY STRAPPED FOR CASH LIKE THAT. I SAW HIM UP@ MORGANTOWN WHILE VISITING A FRIEND IN THE VISITATION HALL. HIS FAMILY MUST HAVE COME EVERY WEEKEND, YOU WOULD SEE THE CAR SERVICE DROP THEM OFF. THAT CAMP IN MORGANTOWN LOOKED LIKE SUMMER CAMP WITH MORE RESTRICTIONS. IT SEEM MORE LIKE HE WAS AT REHAB GETTING THERAPY, MORE THAN JUST BEING IN PRISON. HE GOT A VACATION WITH TIME OFF HIS SENTENCE.

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