Saturday, July 11, 2009

Jacob The Jeweler Loses All Of His Money!!!



When I find the energy and strength I'll write an open letter to black Hip Hop artists and black athletes.
"Why bankers and the Federal Reserve fear black Hip Hop artists and laugh at them at the same time?" After learning of the sentence of Jacob the Jeweler I felt the time for me to speak real truth is here.
Stay tune on HipHopHasAHeart for more thought provoking conversation soon. Maybe I should've name the site HipHopHasABrain.


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.

Image diamondvues.com

4 comments:

Anonymous said...

Why I didnt hear about this shit on the news?

tee said...

Surprised I didn't hear about this earlier.

www.fiercetastic.blogspot.com

Anonymous said...

Dumb niggas,you shouldve got ur 10 million and moved to the Caribbean to live happily ever after but oh no u had to be flashy, And u wonder why Bill Cosby gets upset....I love my fellow black people, but i really hate niggas

Anonymous said...

First off they not Dumb! THEY ARE CALLED HUSTLER'S DONT JUDGE OR BE JUDGE.THEY ARE MY PEEP'S AND IT IS REAL OUT HEAR WEATHER YOU HEARD OF THEM OR NOT IT'S REAL AND THEY ARE FACING THE CONSEQUENCES. WE ALL FALL SHORT FROM GLORY! DONT FORGET ONE DAY YOU COULD DO SOMETHING AND GET JUDGE TOO! ADUB FROM THE D.

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